Alternative energy is hot right now, and SolarCity Corp (NASDAQ:SCTY) is positioned at the top of the solar space.

Consumers and businesses are pushing to leverage power sources outside of traditional fossil fuels, and SCTY stock will reap the rewards.

Just wait until earnings come out later this month. SCTY revenue is expected to have grown more than 50% for the year, and 2015 looks even sunnier; Experts predict SolarCity revenues to grow an additional 80%.

If that’s not enough for you to be bullish on SolarCity, here are three more reasons why you should buy SCTY stock today.

SCTY – Huge and Diverse Client Pool

SolarCity continues to grow and evolve, capturing big business clients like MillerCoors who recently contracted SCTY to install 10,000 solar panels at their corporate campus in Los Angeles County.

This push to go green will reduce harmful emissions for residents in LA, not to mention boost SolarCity stock.

SCTY is huge in the residential space, too. According to ValueWalk, SCTY “has captured 36% share of the U.S. residential solar market, even higher than the next 50 rivals combined.”

SCTY Stock Will Rise With Oil

Oil prices are currently flirting with 15 year lows — but many traders are saying crude has nowhere to go but up. And if oil prices start to rise, alternative energy companies like SCTY should creep up, too. That’s because alternative energy isn’t necessarily cost effective when oil is cheap, but as oil prices rise it’s more likely solar will be part of the energy equation.

And even if oil doesn’t soar overnight, it’s clear many companies are banking on alternative energy staying in fashion. Major automobile companies like General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) are growing their electric vehicle lines, proving they are looking beyond the current cheap oil environment.

Let’s not forget that another electric vehicle powerhouse, Tesla Motors Inc (NASDAQ:TSLA), has profited nicely from this focus on a move away from fossil fuels… and its CEO, Elon Musk, also happens to be the chairman of SolarCity.

SCTY Stock – Tops in Solar

SolarCity stock is the best performing in its sector , crushing Vivint Solar Inc (NYSE:VSLR) across the board.  Over the past three months VSLR is down over 42% while SCTY is up more than 7%. SCTY stock is also outperforming the NASDAQ as a whole over the last 90 days.

And between SolarCity and Vivint, SCTY is the clear analyst favorite; revenues are predicted to top $460 million next quarter while VSLR will come in just over $65 million.

That scale is impressive enough even before you consider the aforementioned 50% revenue growth for 2014, and another 80% slated for fiscal 2015.

Solar power is the present and future both here in the US, and around the globe. Be smart, click the buy button on SCTY stock today.

As of this writing, Scott Michnick did not hold any interest in the aforementioned securities.