Earlier this week, I covered a majority of my recent conversation with SunPower (NASDAQ: SPWR ) CEO Tom Werner, which can be found here. Today, I want to go over the company's growing leasing business and the difference between SunPower and its leasing rival SolarCity (NASDAQ: SCTY ) . Both companies are among the hottest in solar but SolarCity is now worth $1.27 billion more than SunPower despite not making a profit and investors should consider who can generate more value in leasing.
To give a little background, below are the statistics behind the leasing business at SunPower and SolarCity. SunPower only reports residential for some stats and you can add a little more than 50% to these numbers to approximate the commercial lease business based on a recent presentation. All numbers below are for the end of Q1 2013. �
Best Solar Companies To Invest In 2014: Progress Software Corporation(PRGS)
Progress Software Corporation operates as an enterprise software company worldwide. Its products include Progress OpenEdge platform, which offers development tools, application servers, application management tools, and an embedded database; Progress Orbix to address enterprise integration problems with standards-based solutions; and Progress ObjectStore, an object data management system to store data faster than relational database management system or file-based storage system. The company?s products also comprise Progress Responsiveness Process Management suite for business users; Progress Control Tower, an interactive business control panel; Progress Sonic, which comprises an enterprise messaging system and the enterprise service buses; Progress Actional that provides operational and business visibility, root cause analysis, and policy-based security and control of services; Progress Apama, which offers tools for creating, testing, and deploying strategies for applicat ions, including algorithmic trading, market aggregation, smart order routing, market surveillance and monitoring, and risk management; Progress Savvion BusinessManager, a business process management software; and Fuse products that provide customers with access to professional open source integration and messaging software. In addition, it offers Progress DataDirect Connect products, which provide data connectivity components; Progress DataDirect Shadow to provide foundation architecture for standards-based mainframe integration; and Progress Data Services product set that offers data integration for distributed applications. Further, the company provides maintenance, consulting, training, and customer support services. Progress Software Corporation sells its products to independent software vendors, original equipment manufacturers, and system integrators through direct sales force and independent distributors. The company was founded in 1981 and is based in Bedford, Massac husetts.Advisors' Opinion:
- [By Chris Stuart]
Progress Software(PRGS) recently cut its outlook for the fiscal second quarter ended in May, saying execution problems at its EDS (enterprise data solutions) segment would lead to a shortfall.
Mark Schappel from Benchmark Securities (which rates Progress a "buy" with a $31 target) says the shortfall is a speed bump in the company's ongoing transformation, and not a sign of a slump in infrastructure spending.
TheStreet Ratings has a $34 price target on Progress Software.
Best Solar Companies To Invest In 2014: OPNET Technologies Inc.(OPNT)
OPNET Technologies, Inc. provides application and network performance management solutions in the United States and internationally. It offers AppCapacity Xpert to provide capacity planning for servers; AppInternals Xpert to extract performance and forensic data; AppMapper Xpert to produce run-time application maps; AppResponse Xpert to monitor and analyze end-user experience for various users and transactions; AppSQL Xpert to track database usage; AppTelemetry Xpert to capture performance information; and AppTransaction Xpert to analyze individual transactions. The company also provides IT Guru Network Planner and SP Guru Network Planner for network capacity planning and design optimization, and validation of network configuration changes; IT Sentinel that offers network configuration integrity and security auditing, and proactive change validation; nCompass for enterprises and service providers for visibility of network topology, traffic, and status; and Virtual Network Environment Server to maintain real-time data model of the production IT network. In addition, it offers SP Guru Transport Planner for designing optical networks; SP Sentinel to offer network configuration integrity and security auditing, and proactive change validation; and AppResponse Xpert to ensure application performance; OPNET Modeler, a network modeling and simulation product; Modeler Wireless Suite for wireless network R&D organizations; and Modeler Wireless Suite for defense. Further, the company develops and sells various software modules; and offers consulting services, product updates, technical support and services, and training services. OPNET Technologies, Inc. sells its products through direct sales force, as well as through distributors and value-added resellers. Its customers include corporate enterprises, government and defense agencies, network service providers, and network equipment manufacturers. The company was founded in 1986 and is headquartered in Bethesda, Maryland.Advisors' Opinion:
- [By Martin]
The brokerage expects the company to continue competing successfully against larger application monitoring vendors, helped by the breadth of product portfolio and deep experience in network design and lifecycle technologies.
The analysts see OPNET is capable of a sustained organic revenue growth rate approaching the mid-teens, which should enable the company to achieve scale advantages and increase gross margin profitability.