Solar Stocks To Consider - July 2nd

Tesla, Berkshire Hathaway, GE Vernova, First Solar, NextEra Energy, Vistra, and Constellation Energy are the seven Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of publicly traded companies involved in the solar energy sector—ranging from manufacturers of photovoltaic panels and inverters to project developers and system installers. By buying these stocks, investors gain exposure to the growth of renewable power generation, though returns can be sensitive to policy changes, technological advances, and shifting energy prices. 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.

Tesla stock traded up $14.25 during midday trading on Wednesday, reaching $314.96. 90,849,925 shares of the stock traded hands, compared to its average volume of 101,876,005. The stock's fifty day moving average is $317.99 and its 200-day moving average is $328.19. Tesla has a 12 month low of $182.00 and a 12 month high of $488.54. The stock has a market cap of $1.01 trillion, a P/E ratio of 173.18, a PEG ratio of 12.06 and a beta of 2.40. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07.

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 stock traded down $9.68 during midday trading on Wednesday, reaching $479.93. 4,116,328 shares of the company traded hands, compared to its average volume of 4,932,603. Berkshire Hathaway has a 52-week low of $404.22 and a 52-week high of $542.07. The business has a 50 day moving average of $504.17 and a 200-day moving average of $492.89. The firm has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 12.79, a P/E/G ratio of 3.38 and a beta of 0.83.

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.

Shares of NYSE GEV traded down $4.84 during midday trading on Wednesday, hitting $501.16. The company's stock had a trading volume of 2,053,193 shares, compared to its average volume of 3,296,170. The business's 50 day moving average is $451.78 and its two-hundred day moving average is $379.33. GE Vernova has a 12-month low of $150.01 and a 12-month high of $532.59. The firm has a market cap of $136.78 billion, a P/E ratio of 72.25, a price-to-earnings-growth ratio of 4.11 and a beta of 1.87.

Read Our Latest Research Report on GEV

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.

FSLR traded up $12.33 during trading on Wednesday, hitting $175.29. 3,702,063 shares of the stock were exchanged, compared to its average volume of 3,214,433. The firm has a 50 day simple moving average of $154.02 and a 200 day simple moving average of $154.78. The firm has a market cap of $18.80 billion, a price-to-earnings ratio of 14.91, a P/E/G ratio of 0.33 and a beta of 1.52. First Solar has a 1 year low of $116.56 and a 1 year high of $262.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.39 and a current ratio of 1.93.

Read Our Latest Research Report on FSLR

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.

NEE traded up $0.28 during trading on Wednesday, hitting $73.34. 5,499,285 shares of the stock were exchanged, compared to its average volume of 11,001,595. The firm has a 50 day simple moving average of $70.21 and a 200 day simple moving average of $70.11. The firm has a market cap of $150.97 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 2.44 and a beta of 0.67. NextEra Energy has a 1 year low of $61.72 and a 1 year high of $86.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.45 and a current ratio of 0.55.

Read Our Latest Research Report on NEE

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.

Vistra stock traded up $1.27 during mid-day trading on Wednesday, reaching $186.37. 1,805,651 shares of the company were exchanged, compared to its average volume of 7,750,451. Vistra has a 12-month low of $66.50 and a 12-month high of $199.84. The business has a fifty day moving average of $160.43 and a 200 day moving average of $148.06. The firm has a market cap of $63.24 billion, a P/E ratio of 29.31, a PEG ratio of 2.28 and a beta of 1.26. 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 $1.59 on Wednesday, reaching $306.33. The company had a trading volume of 1,012,847 shares, compared to its average volume of 3,648,638. Constellation Energy has a 52-week low of $155.60 and a 52-week high of $352.00. The firm's 50 day simple moving average is $286.43 and its 200-day simple moving average is $262.85. The firm has a market capitalization of $96.01 billion, a PE ratio of 32.28, a PEG ratio of 2.53 and a beta of 1.12. The company has a current ratio of 1.47, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79.

Read Our Latest Research Report on CEG