Solar Stocks To Add to Your Watchlist - August 7th

Key Points

• Tesla, Vistra, and Berkshire Hathaway are identified as the top solar stocks to watch, reflecting their significant involvement in the solar energy sector.
• Tesla's stock showed a trading volume of 55.8 million shares, with a market cap of $1.03 trillion and a year-high of $488.54.
• Vistra saw its shares rise by $6.20, reaching $207.05, with a market capitalization of $70.26 billion and a PE ratio of 32.60.

Tesla, Vistra, and Berkshire Hathaway are the three Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of companies involved in the solar energy industry, including the manufacturing of photovoltaic panels, development of solar power plants, and provision of related installation or maintenance services. By investing in these equities, investors gain exposure to the growth and technological advances driving renewable energy adoption. Their performance is often influenced by government incentives, energy policy shifts, and trends in clean-tech innovation. 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 $0.38 on Thursday, hitting $320.29. 55,801,604 shares of the company's stock traded hands, compared to its average volume of 106,832,445. The company's 50 day simple moving average is $319.80 and its 200-day simple moving average is $309.56. Tesla has a one year low of $192.04 and a one year high of $488.54. The firm has a market cap of $1.03 trillion, a price-to-earnings ratio of 185.00, a P/E/G ratio of 10.85 and a beta of 2.33. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07.

Read Our Latest Research Report on TSLA

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.

Shares of NYSE:VST traded up $6.20 during trading on Thursday, reaching $207.05. The company's stock had a trading volume of 7,640,630 shares, compared to its average volume of 7,325,631. Vistra has a 12 month low of $72.90 and a 12 month high of $216.85. The stock has a market capitalization of $70.26 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.55 and a beta of 1.30. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53. The firm's 50 day simple moving average is $187.06 and its two-hundred day simple moving average is $156.00.

Read Our Latest Research Report on VST

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.

Berkshire Hathaway stock traded down $5.70 during mid-day trading on Thursday, hitting $463.22. The company's stock had a trading volume of 3,301,843 shares, compared to its average volume of 4,900,334. Berkshire Hathaway has a one year low of $425.90 and a one year high of $542.07. The stock has a market cap of $999.31 billion, a PE ratio of 15.87, a P/E/G ratio of 3.23 and a beta of 0.81. The company has a 50 day moving average of $483.07 and a 200-day moving average of $496.62.

Read Our Latest Research Report on BRK.B

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