Sunrun Inc (NASDAQ: RUN) is wavering after the House passed President Trump's tax and spending bill, which would reportedly cut several clean energy subsidies. RUN shares are down 34% so far this year.
Jim Cramer was asked about Sunrun Inc (NASDAQ:RUN) during a recent program (before the tax bill passage) on CNBC. He said the company is not in a “sweet spot” amid President Trump’s policies:
“This president is not — I’m not saying he’s not a fan of solar. I mean, he doesn’t like the way windmills look. I don’t know how he is like on hydro, maybe how he doesn’t like sticks rubbing against each other in Flint. But I will tell you that Sunun is not in that, purview. It’s not in that area. That is — that’s a sweet spot. How about that? It’s not a sweet spot. I like that. It’s very — it’s very congenial… yeah, very congenial.”
While we acknowledge the potential of RUN, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about the cheapest AI stock.
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.