10 Stocks on Jim Cramer and Wall Street’s Radar

3. Sunrun Inc. (NASDAQ:RUN)

Number of Hedge Fund Holders: 36

Average Price Target Upside: 46.86%

During an episode at the end of April, Cramer remarked the following about Sunrun Inc. (NASDAQ:RUN):

“No, a bad couple quarters. I can’t be there. And by the way, look, First Solar’s a really good company. It got clubbed the other day. I think the group is very fraught right now. It’s fraught.”

Sunrun (NASDAQ:RUN) is a residential solar energy company that designs, installs, and maintains solar systems and battery storage. On May 22, BMO Capital analyst Ameet Thakkar downgraded Sunrun’s (NASDAQ:RUN) rating to Underperform from Market Perform and also lowered the price target to $4 from $9. The firm believes changes proposed in President Trump’s “One Big Beautiful Bill Act” could block the company from claiming solar investment tax credits on residential leases under Section 48E starting in fiscal 2026.

Although the bill is not yet final and may be revised, the recent draft dropped Section 25D credits, and there appears to be little support in the Senate to bring back residential credits. Since most of Sunrun’s (NASDAQ:RUN) customers lease their systems and the company keeps the tax benefits, losing access to 48E poses a serious threat to its business model.