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#solar #stock #stockmarket

https://www.investopedia.com/investing/top-solar-stocks/

The solar energy industry has grown rapidly even as fossil fuels remain the dominant source of global energy use. Solar industry companies come from multiple sectors, including utilities, industrial, and energy, and include popular stocks such as SolarEdge Technologies (SEDG) and Sunrun Inc. (RUN). While some large utilities and energy companies have solar and renewable energy divisions, these businesses typically are not included in the industry’s listings because the parent’s primary focus is not solar.

Solar stocks, represented by an exchange-traded fund (ETF)—the Invesco Solar ETF (TAN)—have slightly outperformed the broader market over the past year. TAN has provided a total return of -2.5% over the last 12 months, just ahead of the Russell 1000’s total return of -2.8%.

1

 These market performance numbers and all statistics in the tables below are as of June 3, 2022.

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