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SPWR - Why Solar Energy Stocks Are a Great Buy Now
SunPower Corporation
Ever since the stock market started falling a few weeks ago, solar stocks have been plunging as well. In fact, the biggest solar companies in the world are down even more than the market.
You can see below that Sunrun(NASDAQ: RUN), Vivint Solar(NYSE: VSLR), SunPower(NASDAQ: SPWR), First Solar(NASDAQ: FSLR), SolarEdge(NASDAQ: SEDG), and Enphase Energy(NASDAQ: ENPH) are all down more than the S&P 500 over the past two and a half weeks. But I would argue that there are reasons to be more bullish on solar stocks after the sell-off.