3 Solar Stocks to Watch as Interest Rates Remain High
ENPHEnphase(ENPH) ZACKS·2024-07-18 22:15

Impressive solar installations in the United States, along with near-term projections reflecting a similar growth trend in 2024, should bode well for U.S. solar stocks. However, California’s net billing transition, high interest rates as well as China’s dominance in solar panel manufacturing (leading to price decline) may keep hurting their near-term prospects. Nevertheless, benefits from the Inflation Reduction Act (IRA) should continue to be a notable growth catalyst for U.S. solar stocks. One may keep Fi ...