MAXN - Maxeon Solar: Profitability Needs To Come Sooner

Summary

• Maxeon Solar Technologies is growing revenues at a fast pace, but they need to care about increasing the bottom line. Unless it sees an increase, I think there are risks here.
• With a rich valuation, investors need to be careful about putting any money into the company before they have proven clear profitability.
• Maxeon is gathering more cash to prepare for any upcoming economic challenges, but they can't yet cover their long-term debt and negative cash flows aren't making it any easier.
• Maxeon Solar Technologies is an exciting company working in a growing and capital-intensive industry, but with a lack of profits, the future is uncertain and the risks are high.

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