According to a new analysis of the solar stock market, the guru focus site has selected five of the top growth stocks in the sector — measured by profitability, past growth, financial strength and momentum. They are: Sunrun Inc, (NASDAQ: RUN) Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ). Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On alternative energy, such as solar and EV Charging Stations for electric cars.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
Five Growth Solar Stocks Are: Sunrun Inc, (NASDAQ: RUN) Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ); Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Alternative Energy
As a sector, solar offers investors a mixed bag of stocks — with this list representing an elite group of performing alternative energy NASDAQ choices to balance growth with proven financial stability, momentum and past ability to expand despite all of the pandemic, material price hikes and shortages seen in this marketplace.
Overall, North America, with all its solar initiatives, will lead a 13.8% CAGR spike in concentrated solar market size now through 2030, a new study by Precedence Research Shows. As a result, worldwide solar growth will hit $133.43 billion by 2030. Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) is committed to solar alternative energy and carbon capture. SIRC is successfully involved in solar and electric car EV Charging Stations and is in the midst of applying to FINRA to change its corporate name in SolarEV.
SIRC’s core business is installation of solar systems as well as rechargeable solar batteries. David Massey, CEO, recently spoke of the footprint as a brand in more than 40 states as SIRC grows. He adds that SIRC families work together to identify more revenue streams.
Recently, he said, SIRC company Cornerstone in its marketplace booked numerous roofing jobs due to a major hailstorm. Massey asserted that in the future, those booked jobs could also mean more revenue such as rechargeable solar battery systems and even home EV charging stations.
SIRC plays an important role in the growth of solar by selling an installing customized solar systems with rechargeable solar batteries that retain excess solar electricity generated during the daytime and either selling it the centralized utility electrical grid — or conserving it for future use by the solar owner.
SIRC now sells and sells storage and sophisticated management components from Enphase (NASDAQ: ENPH) or even rechargeable Tesla (NASDAQ: TSLA) rechargeable solar battery PowerWall units. Five Growth Solar Stocks Are: Sunrun Inc, (NASDAQ: RUN) Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ); Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Alternative Energy
Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) core business is installation of rooftop solar — which this Report says is a long term thriving industry. Installation for solar panels will grow at a 7.3% CAGR rate from 2020-2026.
High demand for rooftop solar will drive installation sales through at least 2026 by at a 7.3% fast CAGR, the recent report shows. The solar industry, like other construction specialties, is exposed to supply chain shortages, price hikes, pandemics/variants and all kinds of impediments. Yet, consumer demand for more solar installations will drive its future at least through 2026, it finds.
SolarSage found that there were 13% more battery storage systems installed in the second half of 2021. First and foremost, some 69% of solar buyers want backup power for their solar systems — and 51% want to achieve savings on utility rates. Financial considerings and savings are key to making solar purchase decisions.
Five Growth Solar Stocks Are: Sunrun Inc, (NASDAQ: RUN) Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ); Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Alternative Energy
David Massey, founder and CEO of SIRC, says, “Enphase (NASDAQ: ENPH) is a leader in home energy systems, and we are privileged to provide its energy solution to our over 250 sales teams spanning 40 states and our commercial development firms.
“I have used Enphase (NASDAQ: ENPH) micro inverters since 2006 and have the utmost confidence in their products. Further integrating Enphase into our sales mix comes at an opportune moment as homeowners are increasingly interested in a backup battery system in a time of extreme weather and frequent power interruptions,” he concluded.
This 14th study of the Solar Marketplace Intel Report
reports that 34% of solar rooftop systems are bought for self-supply reasons. So, increasingly, solar residential systems are purchased: 1) to beat utility price points; 2) to create backup power; 3) for self supply; and to live completely off the grid.
Five Growth Solar Stocks Are: Sunrun Inc, (NASDAQ: RUN) Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ); Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Alternative Energy
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock
Safe Harbor Statement:
Statements in this news release may be “forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press
COMTEX_406206106/2785/2022-04-25T11:01:00
