Promising Solar Stocks Worth Watching – March 26th

First Solar, SolarEdge Technologies, 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 in the solar energy industry—such as manufacturers of photovoltaic panels and inverters, component suppliers, project developers and installers, and utility companies with large solar portfolios. For investors, they provide exposure to the growth of solar power and are driven by factors like technology costs, government incentives and regulations, electricity prices, and project development and execution risks. 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.

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

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.