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Top Solar Stocks To Research - October 20th

First Solar logo with Energy background

Key Points

  • Three key solar stocks to watch are First Solar, Enphase Energy, and Nextracker, which had the highest trading volume recently.
  • First Solar specializes in manufacturing photovoltaic solar modules using thin film technology, providing a lower-carbon alternative to traditional modules.
  • Enphase Energy offers innovative home energy solutions, including semiconductor-based microinverters that optimize energy conversion at the module level.
  • Interested in First Solar? Here are five stocks we like better.

First Solar, Enphase Energy, and Nextracker are the three Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of publicly traded companies whose businesses are primarily tied to solar energy, including manufacturers of photovoltaic panels and cells, inverter and component makers, project developers, installers, and solar-focused utilities or yieldcos. Investors in solar stocks evaluate factors such as technology and cost competitiveness, government policy and incentives, supply-chain and commodity risks, and the sector's growth prospects driven by renewable energy demand. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

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.

Read Our Latest Research Report on FSLR

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

Read Our Latest Research Report on ENPH

Nextracker (NXT)

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

Read Our Latest Research Report on NXT

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Should You Invest $1,000 in First Solar Right Now?

Before you consider First Solar, you'll want to hear this.

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While First Solar currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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