Sunrun Inc (NASDAQ: RUN) is wavering after the House passed President Trump’s tax and spending bill, which would reportedly cut several clean energy subsidies. RUN shares are down 34% so far this year.
Jim Cramer was asked about Sunrun Inc during a recent program (before the tax bill passage) on CNBC. He said the company is not in a “sweet spot” amid President Trump’s policies:
“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 how he doesn’t like sticks rubbing against each other in Flint. But I will tell you that Sunun is not in that, purview. It’s not in that area. That is — 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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