Article By:
Andy Wang
Monday, August 1, 2022 7:53 AM EDT
With extreme weathers sweeping across the globe there are still those who doubt global warming is happening. However, they cannot deny the rise of green energy stocks.
Market Forecasts For 4th Quarter 2021 And Beyond
I did not list in the Tickers covered portion 3 stocks mentioned in the article with purchase recommendations: AMC Entertainment ($AMC), Intella Theraputics ($NTLA) and SolarEdge Tech. ($SEDG). Please excuse the oversight. All the reports are available free of charge.
U.S. Solar Market To Take A Hit In 2020: 4 Stocks In Focus
Yes, $SEDG is headquartered in Israel. But they are traded in the US and much of their sales are to the US. Since the US solar market is taking a hit, this stock will be negatively impacted.
U.S. Solar Market To Take A Hit In 2020: 4 Stocks In Focus
Isn't Solar Edge an Israeli company, not a US one? $SEDG
Solar Energy Boom Could Heat Up The Global Energy Sector
Buying renewables last year in November was a great idea. Trump's anti renewable rhetoric is merely playing to the electorate, renewables are the future. $SEDG is a very interesting stock, I'm curious though if they might be hurt by the recent surge in polysilicon prices which are up 35% this year as China has closed several factories producing the substance which is a vital component of PV's. This might hurt their margins in the future as the price of PV's continues to fall.