Today’s Stock Pick – Solar 3d (SLTD)

[vc_row][vc_column][vc_column_text]Solar 3D is a micro-cap solar company with two focuses: to manufacture and produce a hyper-efficient 3D solar panel and to grow through acquisition. The company has already begun purchasing other solar companies with the purchase of MD Energy earlier this year, and SUNworks in 2014.

CEO, Jim Neeson, recently announced that they are in acquisition talks with multiple companies with a goal of 2-3 this year and 5 in the coming year.

Solar 3D stock has seen a rough go of it in the past few months, as have most solars. It recently hit a double bottom and has since gained over 50%, hitting another double bottom earlier this week.

Additionally Cowen Group recently initiated coverage with Solar 3D with an “outperform” rating.

Finally, Solar 3D subsidiary MD Energy is expected to pick up a contract with the city of Fresno on August 20th for $10 Million, nearly 15% of Solar 3D’s current market cap.

Everything is coming together for Solar 3D in what could be a very promising few weeks and there is even good potential to hold for the long run.[/vc_column_text][/vc_column][/vc_row]

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