Brighter Days Ahead: Solar Stocks Poised for Rebound as Panel Prices Fall
Solar Industry Outlook: Price Drop Boosts Recovery for Solar Stocks
Solar panel prices are falling and that could be good for some solar energy stocks. Solar energy stocks have had a terrible year and volumes are down across the board in the industry. But there's a bright side to falling volumes and that's lower prices for components, which JinkoSolar (NYSE: JKS) confirmed in its quarterly report. Travis Hoium covers the numbers and what it means for the industry in this video.
*Stock prices used were end-of-day prices of April 29, 2024. The video was published on April 30, 2024.
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*Stock Advisor returns as of April 30, 2024Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.