3 Solar Stocks to Consider Amid Broader Market Rally
ENPHEnphase(ENPH) Schaeffers Investment Research·2024-08-16 03:22

The broader market is enjoying tailwinds today, with upbeat retail sales data and better-than-expected producer price index (CPI) and consumer price index (PPI) readings all making investors more confident in the prospect interest rates and soft economic landing. Below, let's check how the solar sector is reacting to these headlines.First Solar Inc (NASDAQ:FSLR) stock is up 3.1% to trade at 232.53atlastcheck,consolidatingabovethe20daymovingaverageafterbouncingoffthe232.53 at last check, consolidating above the 20-day moving average after bouncing off the 200 level earlier this mo ...