The case for multibagger solar stocks is not particularly convincing at this point. One of the biggest reasons for the shift is California’s new net metering policies, which make it significantly less attractive for Californian residents to send surplus electricity back to the grid.Furthermore, you have the rising interest rates diminishing the value of future cash flows that most solar companies rely on. Most solar projects are financed over long periods ranging from a decade to sometimes over 25 years. If ...