Promising Solar Stocks To Follow Today – December 7th

First Solar, Enphase Energy, and Nextpower are the three Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies whose primary business is in the solar energy sector — for example, manufacturers of photovoltaic panels and inverters, installers and project developers, solar-focused utilities and yieldcos, and firms that provide related equipment or financing. Investors buy solar stocks to gain exposure to growth in renewable energy and decarbonization, but those holdings are subject to sector-specific risks like policy and subsidy changes, commodity and supply-chain fluctuations, technological competition, and project execution risk. 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.

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.

Nextpower (NXT)

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers 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.