Read on Twitter
A Thread on the Top 10 Solar Stocks...
$SPWR $RUN $ENPH $SEDG $CSIQ $DQ $NOVA $FSLR $JKS $MAXN
Will talk briefly about what they do and where they stand in the market.
These stocks have more than doubled in price this year after being flat for years
Solar is the future
$SPWR $RUN $ENPH $SEDG $CSIQ $DQ $NOVA $FSLR $JKS $MAXN
Will talk briefly about what they do and where they stand in the market.
These stocks have more than doubled in price this year after being flat for years
Solar is the future
1. $SPWR
Will finish the year with just over $1 billion in revenue as a solar installer.
Spun off cell producer $MAXN
Expects 50% growth next year in New homes and at least 33% growth residential overall.
Their brand is more expensive then other brands. Also does commercial.
Will finish the year with just over $1 billion in revenue as a solar installer.
Spun off cell producer $MAXN
Expects 50% growth next year in New homes and at least 33% growth residential overall.
Their brand is more expensive then other brands. Also does commercial.
2. $RUN
Merged with Vivent solar and combined will do around $2.5 billion in installed solar this year.
Future projections include going from 3% market penetration to 13% market penetration making them the largest installer.
Partnered with $TSLA to install Tesla powerwalls.
Merged with Vivent solar and combined will do around $2.5 billion in installed solar this year.
Future projections include going from 3% market penetration to 13% market penetration making them the largest installer.
Partnered with $TSLA to install Tesla powerwalls.
3. $ENPH
Enphase is a company that primarily makes solar inverters. Inverters transfer energy from solar panels to your house, battery, or the power grid.
They provide a full system including battery storage.
Approaching $1 billion in revenue and should pass this next year
Enphase is a company that primarily makes solar inverters. Inverters transfer energy from solar panels to your house, battery, or the power grid.
They provide a full system including battery storage.
Approaching $1 billion in revenue and should pass this next year
4. $SEDG
Solar Edge is the largest solar inverter company coming in around $1.5 billion in revenue.
$ENPH has much better growth but $SEDG is better established in international markets.
They have a new battery system among other products but growth might be limited.
Solar Edge is the largest solar inverter company coming in around $1.5 billion in revenue.
$ENPH has much better growth but $SEDG is better established in international markets.
They have a new battery system among other products but growth might be limited.
5. $CSIQ
Canadian Solar is one of the largest producers of solar in the world at $3.5 billion in revenue.
They mainly focus on large industrial projects such as solar farms.
They manufactor and install panels, inverters, and battery systems and also provide management.
Canadian Solar is one of the largest producers of solar in the world at $3.5 billion in revenue.
They mainly focus on large industrial projects such as solar farms.
They manufactor and install panels, inverters, and battery systems and also provide management.
6. $DQ
Daqo New Energy is a solar cell producer in China that produces about $500 million in revenue.
They are competing by being one of the lowest cost providers of solar cells.
They missed their EPS target but Goldman Sachs gave them a $62 PT and the stock popped.
Daqo New Energy is a solar cell producer in China that produces about $500 million in revenue.
They are competing by being one of the lowest cost providers of solar cells.
They missed their EPS target but Goldman Sachs gave them a $62 PT and the stock popped.
7. $NOVA
Sunnova is a Texas based company that provides solar installation across much of the southern US.
They produce about $200 million in annual revenue and are rapidly expanding.
I'm most excited about this companie's potential as a smaller but growing player.
Sunnova is a Texas based company that provides solar installation across much of the southern US.
They produce about $200 million in annual revenue and are rapidly expanding.
I'm most excited about this companie's potential as a smaller but growing player.
8. $FSLR
First solar is a solar panel manufactor largely focused on industrial grade panels.
They will have almost $3 billion in revenue for in 2020 and expect to have a lot of growth the next couple years.
Also one of the lowest cost providers of solar panels.
First solar is a solar panel manufactor largely focused on industrial grade panels.
They will have almost $3 billion in revenue for in 2020 and expect to have a lot of growth the next couple years.
Also one of the lowest cost providers of solar panels.
9. $JKS
Jinko Solar is the world's largest solar panel manufactor with annual revenue approaching $4 billion.
With a market cap around $3 billion they would seem undervalued. I believe their profit margins are pretty slim compared to other solar players.
Jinko Solar is the world's largest solar panel manufactor with annual revenue approaching $4 billion.
With a market cap around $3 billion they would seem undervalued. I believe their profit margins are pretty slim compared to other solar players.
