Top Solar Stocks Worth Watching - May 4th

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 and operators of solar power plants, and providers of related equipment or services. Investors buy these equities to gain exposure to the growth potential and policy-driven incentives of clean energy. Performance of solar stocks is often influenced by technological advances, government subsidies, and changes in electricity 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.

Shares of TSLA traded up $6.69 during trading hours on Friday, hitting $287.21. 113,968,586 shares of the company were exchanged, compared to its average volume of 95,860,479. Tesla has a one year low of $167.41 and a one year high of $488.54. The company has a market capitalization of $925.09 billion, a PE ratio of 140.79, a PEG ratio of 5.86 and a beta of 2.58. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The firm has a fifty day simple moving average of $258.82 and a 200-day simple moving average of $325.18.

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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 up $9.82 during midday trading on Friday, reaching $540.05. The stock had a trading volume of 4,932,657 shares, compared to its average volume of 4,165,731. The firm's fifty day simple moving average is $517.44 and its two-hundred day simple moving average is $483.04. Berkshire Hathaway has a twelve month low of $399.26 and a twelve month high of $542.07. The firm has a market cap of $1.17 trillion, a price-to-earnings ratio of 10.91, a PEG ratio of 3.45 and a beta of 0.88.

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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 GEV stock traded up $14.19 during trading on Friday, hitting $396.48. 3,600,690 shares of the company were exchanged, compared to its average volume of 3,335,611. GE Vernova has a twelve month low of $150.01 and a twelve month high of $447.50. The firm has a market capitalization of $108.21 billion and a price-to-earnings ratio of 71.31. The business's 50-day simple moving average is $322.79 and its 200 day simple moving average is $336.70.

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