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Monthly Journal: Traders' Insights Wanted!
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Solar Stocks Warming Up

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Kevin Travers joined discussion · Dec 19, 2023 23:59
Sunnova rose Tuesday and brought the solar industry with it, after Goldman Sachs raised $Sunnova Energy International (NOVA.US)$ to a buy rating Monday with a "65% potential upside" to its $17 price target.
$Enphase Energy (ENPH.US)$, also climbed Tuesday after the firm announced it would cut 10% of its workforce and shut down manufacturing plants in Wisconsin and Romania.
$SolarEdge Technologies (SEDG.US)$ fell 3.4% to $93.86 Monday after the broker cut its rating to Sell, saying "We believe a challenging backdrop in EU solar presents downside risk to consensus estimates in the near-to-medium term." Still, the entire solar sector rose Tuesday.
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  • SpyderCall : Yes, sirrrr! Solar had a recent bubble burst, and it looks like some are rebounding off of a bottom. A few of the solar stocks are still having time recovering. But the major solar ETFs are killing it!

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Kevin Travers
Moomoo News and Community Manager
Moo moo News and Community Manager, NJ Office. Fmr CNBC contributor, reporter/investor/trader Posts do not represent mm
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