Solar Integrated Roofing Corp (SIRC) Goes Wild: Is it Still A Buy?

The electric vehicles sector has managed to get a lot of traction over the past year or so and nowadays there are a number of stocks that an investor could consider tracking. One of the electric vehicle-related stocks to have made major gains on Wednesday was that of Solar Integrated Roofing Corp (OTC: SIRC).

The company recently started a new arm that is wholly dedicated to electric vehicle charging solutions and that has created considerable excitement with regards to the stock.

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On Wednesday, the stock went up by as high as 100% and it remains to be seen if the electric vehicle theme can provide further fuel to the rally or not. In order to become a significant player in the electric vehicle charging solutions market, Solar Integrated is currently looking to acquire electric vehicle charging installers that operate in the United States. Considering the current plans of the company, investors could keep it in their watch lists as a potential electric vehicle sector play.

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Jack Dawkins

Finance and Tech Contributor