As energy stocks sink, analysts say to buy these solar names instead

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New for subscribers: As energy stocks sink, analysts say to buy these solar names instead Check out CNBCPro and get your first 30 days free.

Amid the broader market sell-off, and while energy stocks take a hit on the back of lower oil prices, some Wall Street analysts are recommending investors load up on solar stocks. JPMorgan recently called the group an "unanticipated safe haven," while Baird said solar is the "best bet in energy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tread carefully with low-volatility stocks, traders say — here are the ones they'd be buyingLow-beta stocks may be coming into focus as investors seek ways to stem the market volatility's damage to their portfolios, but traders warn to tread carefully when picking individual names.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: I'm more comfortable buying stocks after Trump recognized need for coronavirus stimulus'One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring,' CNBC's Jim Cramer said Tuesday. DO THE OPPOSITE OF WHAT HE SAYS Sounds like the Enron Ponzi Scheme all over again.
Source: CNBC - 🏆 12. / 72 Read more »