Promising Solar Stocks To Follow Today - August 15th

Key Points

• The five solar stocks highlighted for attention are Tesla, Berkshire Hathaway, First Solar, GE Vernova, and NextEra Energy, due to their increased trading volume.
• Tesla's stock traded down to $330.53 with a market cap of $1.07 trillion, while Berkshire Hathaway's stock reached $477.34 with a market cap of $1.03 trillion.
• First Solar's shares rose significantly to $203.62, reflecting strong demand for its photovoltaic solar modules, while NextEra Energy traded at $75.66, continuing its focus on clean energy solutions.

Tesla, Berkshire Hathaway, First Solar, GE Vernova, and NextEra Energy are the five Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of companies that design, manufacture or install solar energy technologies—such as photovoltaic panels, inverters and related components—and those that provide project financing or operation services for solar power facilities. Investing in these equities lets you participate in the growth of the renewable-energy sector, though performance can be influenced by factors like government incentives, technological advances and fluctuations in raw‐material costs. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of Tesla stock traded down $5.05 on Friday, reaching $330.53. The company had a trading volume of 51,821,692 shares, compared to its average volume of 105,800,313. Tesla has a 1 year low of $202.59 and a 1 year high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The firm has a market cap of $1.07 trillion, a price-to-earnings ratio of 191.44, a P/E/G ratio of 11.80 and a beta of 2.33. The firm's 50-day moving average price is $319.71 and its two-hundred day moving average price is $306.28.

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Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B stock traded down $1.88 on Friday, reaching $477.34. 3,088,575 shares of the company's stock were exchanged, compared to its average volume of 4,873,574. Berkshire Hathaway has a 52 week low of $437.90 and a 52 week high of $542.07. The stock has a market capitalization of $1.03 trillion, a PE ratio of 16.36, a P/E/G ratio of 3.32 and a beta of 0.81. The company's fifty day simple moving average is $479.67 and its 200 day simple moving average is $496.79.

Read Our Latest Research Report on BRK.B

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.

Shares of FSLR stock traded up $23.57 on Friday, reaching $203.62. 5,289,360 shares of the company's stock were exchanged, compared to its average volume of 3,786,383. First Solar has a 52 week low of $116.56 and a 52 week high of $262.72. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $21.84 billion, a PE ratio of 17.45, a P/E/G ratio of 0.36 and a beta of 1.48. The company's fifty day simple moving average is $170.59 and its 200 day simple moving average is $153.62.

Read Our Latest Research Report on FSLR

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Shares of GEV stock traded down $4.09 on Friday, reaching $621.18. 1,692,821 shares of the company's stock were exchanged, compared to its average volume of 3,578,007. GE Vernova has a 52 week low of $173.07 and a 52 week high of $677.29. The stock has a market capitalization of $169.10 billion, a PE ratio of 149.68, a P/E/G ratio of 4.38 and a beta of 1.90. The company's fifty day simple moving average is $560.87 and its 200 day simple moving average is $431.14.

Read Our Latest Research Report on GEV

NextEra Energy (NEE)

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.

Shares of NEE stock traded up $3.42 on Friday, reaching $75.66. 11,372,010 shares of the company's stock were exchanged, compared to its average volume of 11,850,799. NextEra Energy has a 52 week low of $61.72 and a 52 week high of $86.10. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $155.80 billion, a PE ratio of 26.44, a P/E/G ratio of 2.49 and a beta of 0.63. The company's fifty day simple moving average is $72.69 and its 200 day simple moving average is $70.58.

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