SolarCity Pops On 2014 Capacity Forecast and 2 Other Hot Stocks to Watch
SolarCity Corp. (NASDAQ:SCTY): Current price $46.69
SolarCity shares are up by almost 22 percent Friday in heavy trading after the rooftop solar power provider said that it expects to increase its annual installed capacity by close to 90 percent in 2014. The firm plans to deploy between 475 and 525 megawatts of photovoltaic projects next year, up from an estimated 278 megawatts in 2013, according to a company statement. Demand is roaring for residential solar projects financed by SolarCity and its peers Sunrun Inc. and Sungevity Inc., which install rooftop projects at a small to zero upfront cost to customers.
General Electric Co. (NYSE:GE): Current price $24.41
GE Healthcare on Friday said it will introduce a number of new technologies that demonstrate its continuing commitment to improving the quality of patient care at Anesthesiology 2013, the yearly meeting of the American Society of Anesthesiologists, which runs Saturday through Wednesday in San Francisco. GE Healthcare will highlight new innovations and advances in life-supporting anesthesia delivery systems, patient monitoring, parameters, and accessories, and emphasize how all of these technologies function together to specifically meet the clinical needs in perioperative care.
Ford Motor Co. (NYSE:F): Current price $17.05
Ford announced a quarterly dividend of 10 cents per share for its fourth quarter, to be paid on December 2 to its common and Class B stockholders of record as of November 1. That amount equals each of the company’s three preceding distributions and is twice the 2012 payout of 5 cents per share. Ford has paid a dividend each quarter since resuming its distribution in March 2012. It suspended the payout in September 2006. The just-declared dividend annualizes to 40 cents per share, which yields 2.4 percent at Ford’s most recent close at $16.93.