Promising Solar Stocks To Add to Your Watchlist – December 19th

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 companies whose primary business is producing, installing, financing, or operating solar energy technologies and projects—such as photovoltaic panel and inverter manufacturers, solar project developers, installers, and energy-storage firms. Investors buy solar stocks to gain exposure to the growth of solar power, but returns can be strongly influenced by government policy, subsidies, technology costs, supply-chain issues, and energy-price cycles. 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.