Solar Stocks To Add to Your Watchlist – May 13th

Tesla, First Solar, GE Vernova, Berkshire Hathaway, and NextEra Energy are the five Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies involved in the solar energy industry, including manufacturers of photovoltaic panels, installers of solar systems, and developers of solar power projects. Investors buy these stocks to gain exposure to the growth potential of solar power as a clean, renewable energy source. Performance of solar stocks often correlates with technological advances, government incentives, and broader trends in energy policy and sustainability. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Tesla stock traded up $15.16 during mid-day trading on Tuesday, hitting $333.54. 97,392,928 shares of the company’s stock were exchanged, compared to its average volume of 96,337,019. Tesla has a fifty-two week low of $167.41 and a fifty-two week high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.07 trillion, a P/E ratio of 163.50, a PEG ratio of 5.86 and a beta of 2.43. The company’s 50 day simple moving average is $259.44 and its 200-day simple moving average is $328.24.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Shares of First Solar stock traded up $32.27 on Tuesday, hitting $188.48. The company had a trading volume of 15,023,258 shares, compared to its average volume of 2,983,645. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 1.44. The firm has a market capitalization of $20.21 billion, a P/E ratio of 16.23, a P/E/G ratio of 0.19 and a beta of 1.46. First Solar has a twelve month low of $116.56 and a twelve month high of $306.77. The stock has a 50-day moving average of $130.84 and a 200-day moving average of $163.25.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Shares of GE Vernova stock traded up $23.83 on Tuesday, reaching $440.46. 3,127,479 shares of the company were exchanged, compared to its average volume of 3,312,889. The company has a market capitalization of $120.22 billion and a price-to-earnings ratio of 79.22. GE Vernova has a one year low of $150.01 and a one year high of $447.50. The company has a 50-day moving average of $332.32 and a 200 day moving average of $342.20.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B stock traded down $0.26 on Tuesday, hitting $514.04. The company’s stock had a trading volume of 2,627,003 shares, compared to its average volume of 4,255,826. The company has a market capitalization of $1.11 trillion, a PE ratio of 10.38, a PEG ratio of 3.45 and a beta of 0.88. The stock’s 50 day moving average is $518.84 and its 200-day moving average is $485.32. Berkshire Hathaway has a fifty-two week low of $401.58 and a fifty-two week high of $542.07.

NextEra Energy (NEE)

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.

Shares of NextEra Energy stock traded up $2.58 during trading on Tuesday, hitting $72.27. The company’s stock had a trading volume of 13,346,884 shares, compared to its average volume of 10,807,537. The stock has a market cap of $148.78 billion, a price-to-earnings ratio of 21.45, a price-to-earnings-growth ratio of 2.45 and a beta of 0.69. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. NextEra Energy has a 52 week low of $61.72 and a 52 week high of $86.10. The stock has a 50-day moving average price of $68.71 and a two-hundred day moving average price of $71.39.