In an up market yesterday, Sunrun Inc, (NASDAQ: RUN) stock outperformed. Analysts await next month’s newest RUN earnings — expecting a short term downward trend — but longer term is something different as stock watchers see the effort of European and American to move energy away from Russian oil and into alternative energy — such as solar and Sunrun Inc, (NASDAQ: RUN). Solar Integrated Roofing Corp. (OTC PINK: SIRC) would also benefit from that trend to solar and alternative energy stocks.
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).
Sunrun Inc, (NASDAQ: RUN) Stock Price Outperforms Market Yesterday As Analysts Await Next Month’s Earnings Report And See Ukranian-Russian Conflict As A Long Term Positive For RUN Solar Stock; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Solar And Other Alternative Energy
In a new analysis of the solar stock sector, Sunrun Inc, (NASDAQ: RUN) was a leader as guru focus site has selected five of the top growth stocks in the sector — measured by profitability, past growth, financial strength and momentum. Others were: Enphase Energy Inc, (NASDAQ: ENPH), SolarEdge Technologies, (NASDAQ: SEDG), First Solar, Inc, (NASDAQ: FSLR) and Canadian Solar, Inc., (NASDAQ: CSIQ).
The newest trend for Sunrun Inc, (NASDAQ: RUN) is its positive long term outlook in connection with the Ukranian-Russian conflict. The move away from Russian fossil fuel oils now is a trend towards alternative energy solar stocks. This benefits SIRC, too.
Yesterday, RUN traded 1.13% higher in the trading session — higher than the market — then was green again in after-hours trading by .10%. Sunrun Inc, (NASDAQ: RUN) Stock Price Outperforms Market Yesterday As Analysts Await Next Month’s Earnings Report And See Ukranian-Russian Conflict As A Long Term Positive For RUN Solar Stock; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Solar And Other Alternative Energy.
Despite headwinds for solar, this is a $4.307 billion market cap stock with long term growth potential, analysts say.
Solar has been hit hard over the past few years by the pandemic, higher material costs, governmental and utility impact and other issues. Long term, alternative energy — impacting SIRC as well — will be a positive long term. For SIRC to be both in solar and EV Charging Stations makes it a perfect stock candidate for up list and growth.
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.
Sunrun Inc, (NASDAQ: RUN) Stock Price Outperforms Market Yesterday As Analysts Await Next Month’s Earnings Report And See Ukranian-Russian Conflict As A Long Term Positive For RUN Solar Stock; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Solar And Other Alternative Energy
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.
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.
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.
Sunrun Inc, (NASDAQ: RUN) Stock Price Outperforms Market Yesterday As Analysts Await Next Month’s Earnings Report And See Ukranian-Russian Conflict As A Long Term Positive For RUN Solar Stock; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Focuses On Solar And Other Alternative Energy
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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