Solar Stocks To Add to Your Watchlist - August 10th

Key Points

• Tesla, Berkshire Hathaway, and NextEra Energy are among the seven solar stocks highlighted as worthy of attention due to their substantial trading volume and involvement in renewable energy.
• Tesla had a trading volume of nearly 91 million shares, reflecting its significant market presence with a market cap of $1.06 trillion and a twelve-month high of $488.54.
• Berkshire Hathaway operates diverse businesses including insurance and energy generation, with a market cap of $1.00 trillion and a recent trading price of $465.44.

Tesla, Berkshire Hathaway, GE Vernova, Vistra, Constellation Energy, NextEra Energy, and NRG Energy are the seven Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of publicly traded companies whose primary business involves the development, manufacture or installation of solar energy technologies—such as photovoltaic panels, inverters and related equipment. Investing in these stocks lets shareholders gain exposure to the growth of renewable energy, with performance often shaped by government incentives, technology advances and shifts in global energy demand. 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.

TSLA traded up $7.34 during trading on Friday, reaching $329.61. 90,979,625 shares of the stock were exchanged, compared to its average volume of 89,568,456. The stock has a market cap of $1.06 trillion, a P/E ratio of 190.53, a price-to-earnings-growth ratio of 11.58 and a beta of 2.33. Tesla has a twelve month low of $194.67 and a twelve month high of $488.54. The stock's 50 day moving average price is $318.68 and its two-hundred day moving average price is $307.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04.

Read Our Latest Research Report on TSLA

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.

BRK.B traded up $3.97 during trading on Friday, reaching $465.44. 3,326,715 shares of the stock were exchanged, compared to its average volume of 4,910,150. The stock has a market cap of $1.00 trillion, a P/E ratio of 15.96, a price-to-earnings-growth ratio of 3.24 and a beta of 0.81. Berkshire Hathaway has a twelve month low of $425.90 and a twelve month high of $542.07. The stock's 50 day moving average price is $481.45 and its two-hundred day moving average price is $496.80.

Read Our Latest Research Report on BRK.B

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.

GEV traded up $3.08 during trading on Friday, reaching $648.94. 1,887,386 shares of the stock were exchanged, compared to its average volume of 2,893,177. The stock has a market cap of $176.66 billion, a P/E ratio of 156.37, a price-to-earnings-growth ratio of 4.49 and a beta of 1.90. GE Vernova has a twelve month low of $172.60 and a twelve month high of $677.29. The stock's 50 day moving average price is $548.53 and its two-hundred day moving average price is $424.54.

Read Our Latest Research Report on GEV

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

VST traded down $3.24 during trading on Friday, reaching $202.35. 4,060,980 shares of the stock were exchanged, compared to its average volume of 5,319,267. Vistra has a twelve month low of $72.90 and a twelve month high of $216.85. The stock has a market cap of $68.66 billion, a P/E ratio of 32.27, a price-to-earnings-growth ratio of 2.46 and a beta of 1.30. The stock's 50 day moving average price is $188.82 and its two-hundred day moving average price is $156.15. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86.

Read Our Latest Research Report on VST

Constellation Energy (CEG)

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets.

Shares of NASDAQ:CEG traded down $0.64 on Friday, hitting $335.77. The company had a trading volume of 1,959,588 shares, compared to its average volume of 2,635,463. Constellation Energy has a 1-year low of $161.35 and a 1-year high of $357.00. The stock has a market cap of $105.24 billion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 2.60 and a beta of 1.12. The stock has a 50 day moving average price of $317.11 and a 200 day moving average price of $275.74. The company has a current ratio of 1.48, a quick ratio of 1.24 and a debt-to-equity ratio of 0.53.

Read Our Latest Research Report on CEG

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 NYSE:NEE traded down $0.16 on Friday, hitting $72.42. The company had a trading volume of 5,575,056 shares, compared to its average volume of 8,816,330. NextEra Energy has a 1-year low of $61.72 and a 1-year high of $86.10. The stock has a market cap of $149.13 billion, a price-to-earnings ratio of 25.32, a P/E/G ratio of 2.49 and a beta of 0.63. The stock has a 50 day moving average price of $72.56 and a 200 day moving average price of $70.56. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36.

Read Our Latest Research Report on NEE

NRG Energy (NRG)

NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.

Shares of NYSE:NRG traded down $0.50 on Friday, hitting $152.72. The company had a trading volume of 2,574,077 shares, compared to its average volume of 3,324,011. NRG Energy has a 1-year low of $76.13 and a 1-year high of $175.96. The stock has a market cap of $29.54 billion, a price-to-earnings ratio of 69.10, a P/E/G ratio of 1.27 and a beta of 1.14. The stock has a 50 day moving average price of $155.73 and a 200 day moving average price of $126.06. The company has a current ratio of 0.93, a quick ratio of 1.02 and a debt-to-equity ratio of 5.99.

Read Our Latest Research Report on NRG

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