Jim Cramer on Sunrun: “It’s Not a Bad Stock”

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Sunrun Inc. (NASDAQ:RUN) is one of the stocks Jim Cramer put under the microscope. Answering a caller’s query about the stock, Cramer said:

“Yeah, I’ll tell you my problem. There was a piece that came out today. The stock has had such a big move. I’m quite, it’s not a bad stock and it’s not expensive, let’s just say that.”

Sunrun Inc. (NASDAQ:RUN) provides residential solar energy systems, panels, and storage solutions, and also provides services to commercial developers. When a caller inquired about the company’s stock during the April 15 episode, Cramer replied:

“No, no, 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 he’s how he is on like sticks rubbing against each other… But I’ll tell you that Sunrun is not in that purview. It’s not in that area 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.”

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Disclosure: None. This article is originally published at Insider Monkey.