Solar Stars: 2 Best-of-Breed Stocks in the Bargain Bin
ENPHEnphase(ENPH) MarketBeat·2024-10-29 19:32

While the clean energy theme has been reignited by the AI boom driving data centers to embark on nuclear energy, solar energy stocks have been taken to the woodshed. Despite favorable long-term growth prospects, the weakness in the industry can be attributed to a number of factors, including high interest rates, inflation pressures on the cost of components, government policy uncertainty, and inventory glut. The Inflation Reduction Act (IRA) supports the expected double renewable energy capacity growth in t ...