3 Solar Stocks at Bargain Prices: Big Opportunities Ahead

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

First Solar Inc ข่าว

Enphase Energy Inc,Nextracker Inc

Stocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: First Solar Inc, Enphase Energy Inc, Nextracker Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com

After the sell-off in solar energy stocks following the U.S. presidential election, investors might be interested in buying dips in these names, but not yet.Wall Street analysts see double-digit upside potential in these names, backed by earnings growth and price discounts.

These projections call for a near doubling in profits compared to today's $2.91 EPS, which should give investors a chance to double their money through an ensuing rally as well. As it turns out, analysts weren't the only ones willing to take an optimistic view of the stock. Over the past 12 months, investors have seen up to $1.8 billion of institutional capital enter the company, another factor that should be kept front and center when considering a potential new buy in Nextracker stock.

Knowing that these targets are within reality, Baillie Gifford decided to boost their position in Enphase stock by 0.9% as of November 2024. While it may not seem like much on a percentage basis, the group now holds up to $716.9 million worth of the stock today, or 4.7% ownership in the company.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 450. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Amazon: Why Analysts Think It's a Solid Buy Ahead of EarningsStocks Analysis by MarketBeat.com (Sam Quirke) covering: S&P 500, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read MarketBeat.com (Sam Quirke)'s latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Alphabet Earnings Could Surprise - Should You Buy Now?Stocks Analysis by MarketBeat.com (Ryan Hasson) covering: Microsoft Corporation, Alphabet Inc Class A, Apple Inc, Tesla Inc. Read MarketBeat.com (Ryan Hasson)'s latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Bitcoin Breakout: 3 Stocks Set to Ride the Cryptocurrency WaveStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Bitcoin, CleanSpark Inc, Coinbase Global Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

2 Auto Stocks That Are Thriving Despite a Slump in the Auto MarketStocks Analysis by MarketBeat.com (Jea Yu) covering: eBay Inc, Copart Inc. Read MarketBeat.com (Jea Yu)'s latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »