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Is Nextpower Stock a Buy Now?
['Reuben Gregg Brewer', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
Nextpower is using its core competencies to expand its reach in the solar power market.
Today, Nextpower makes a suite of products for the solar power industry.
Tracking the sun is valuable to solar power customers because it increases the amount of energy a solar cell produces.
That, however, is just one small part of a solar power project.
Given that Nextpower is already selling into the solar power market, it can leverage its business relationships to gain share in the new segments it is serving.