Best Solar Stocks To Follow Now - October 10th

Key Points

• Seven prominent solar stocks to watch include First Solar, Enphase Energy, Solaris Energy Infrastructure, Nextracker, Sunrun, SolarEdge Technologies, and Shoals Technologies Group, highlighting the growing interest in the renewable energy sector.
• Factors influencing the performance of solar stocks include technological advancements, government incentives, commodity prices, and the overall demand for clean power as nations push towards reducing carbon emissions.
• First Solar specializes in photovoltaic solar energy solutions with a focus on thin film semiconductor technology, providing a lower-carbon alternative to conventional solar modules.

First Solar, Enphase Energy, Solaris Energy Infrastructure, Nextracker, Sunrun, SolarEdge Technologies, and Shoals Technologies Group are the seven Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are equity shares of companies involved in the solar energy industry, such as manufacturers of photovoltaic panels, developers of solar farms, installers of rooftop systems, and technology providers for solar infrastructure. Investors buy these stocks to gain exposure to the growth potential and policy-driven tailwinds of renewable energy, particularly as governments and corporations seek to reduce carbon emissions. Their performance can be influenced by factors like solar technology advances, government incentives, commodity prices, and overall demand for clean power. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Read Our Latest Research Report on FSLR

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

Read Our Latest Research Report on ENPH

Solaris Energy Infrastructure (SEI)

Solaris Energy Infrastructure, Inc. is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.

Read Our Latest Research Report on SEI

Nextracker (NXT)

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

Read Our Latest Research Report on NXT

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

Read Our Latest Research Report on RUN

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

Read Our Latest Research Report on SEDG

Shoals Technologies Group (SHLS)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.

Read Our Latest Research Report on SHLS