Solar Stocks To Watch Now - August 12th

Key Points

• Tesla, Berkshire Hathaway, and GE Vernova are highlighted as the key solar stocks to watch for their significant trading volumes and involvement in the solar energy sector.
• Tesla (TSLA) stock recently traded at $339.66 with a market capitalization of $1.10 trillion, while Berkshire Hathaway (BRK.B) reached $470.39 and has a market cap of $1.01 trillion.
• GE Vernova (GEV) reported a trading price of $656.30 and operates across various energy segments, with a market cap of $178.66 billion.

Tesla, Berkshire Hathaway, and GE Vernova are the three 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 industry, including manufacturers of photovoltaic panels, developers of solar farms, and installers of rooftop systems. By investing in these equities, shareholders gain exposure to the growth potential of renewable energy driven by technological advances and supportive policies. However, solar stocks can be volatile, as their performance often hinges on regulations, subsidy changes, 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 stock traded up $0.63 during midday trading on Tuesday, hitting $339.66. 61,893,339 shares of the company's stock were exchanged, compared to its average volume of 106,483,859. The business has a 50-day simple moving average of $318.61 and a two-hundred day simple moving average of $306.24. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $1.10 trillion, a PE ratio of 196.31, a P/E/G ratio of 11.46 and a beta of 2.33. Tesla has a 1-year low of $197.06 and a 1-year high of $488.54.

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.

Shares of NYSE BRK.B traded up $5.66 during trading on Tuesday, reaching $470.39. The stock had a trading volume of 2,134,282 shares, compared to its average volume of 4,881,189. Berkshire Hathaway has a fifty-two week low of $425.90 and a fifty-two week high of $542.07. The business's 50-day moving average price is $480.69 and its 200-day moving average price is $497.08. The company has a market cap of $1.01 trillion, a P/E ratio of 16.13, a PEG ratio of 3.24 and a beta of 0.81.

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 $5.54 on Tuesday, hitting $656.30. 804,044 shares of the company were exchanged, compared to its average volume of 3,588,372. GE Vernova has a twelve month low of $173.07 and a twelve month high of $677.29. The company has a market cap of $178.66 billion, a price-to-earnings ratio of 158.09, a price-to-earnings-growth ratio of 4.49 and a beta of 1.90. The firm has a 50-day moving average price of $551.84 and a two-hundred day moving average price of $426.07.

Read Our Latest Research Report on GEV

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