Solar Stocks To Follow Now – July 1st

Tesla, GE Vernova, Berkshire Hathaway, NextEra Energy, First Solar, Vistra, and Constellation Energy are the seven Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies whose primary business involves the development, manufacturing or installation of solar energy technologies—such as photovoltaic panels, inverters and related equipment. By investing in these equities, shareholders gain exposure to the growth potential of the renewable energy sector, particularly the expanding solar power market. Solar stocks can range from established industry leaders to smaller, innovative startups. 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.

NASDAQ TSLA traded down $17.09 during trading hours on Tuesday, hitting $300.57. 109,702,101 shares of the company’s stock traded hands, compared to its average volume of 101,923,604. The company has a market capitalization of $968.11 billion, a PE ratio of 165.11, a PEG ratio of 12.20 and a beta of 2.47. The firm’s 50-day moving average is $316.73 and its 200-day moving average is $328.38. Tesla has a 52-week low of $182.00 and a 52-week high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.00 and a quick ratio of 1.54.

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 NYSE:GEV traded down $29.10 during midday trading on Tuesday, hitting $500.06. The company had a trading volume of 4,342,226 shares, compared to its average volume of 3,290,913. GE Vernova has a twelve month low of $150.01 and a twelve month high of $532.59. The stock has a market cap of $136.48 billion, a price-to-earnings ratio of 72.26, a price-to-earnings-growth ratio of 4.03 and a beta of 1.97. The business’s 50-day simple moving average is $448.23 and its 200-day simple moving average is $378.45.

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 NYSE BRK.B traded up $1.92 during trading on Tuesday, hitting $487.69. 2,575,915 shares of the company were exchanged, compared to its average volume of 4,387,691. Berkshire Hathaway has a 12-month low of $403.82 and a 12-month high of $542.07. The company has a fifty day moving average price of $504.79 and a 200-day moving average price of $492.91. The firm has a market capitalization of $1.05 trillion, a PE ratio of 12.99, a P/E/G ratio of 3.38 and a beta of 0.85.

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 NYSE NEE traded up $2.66 during midday trading on Tuesday, reaching $72.08. 14,303,137 shares of the stock were exchanged, compared to its average volume of 10,987,758. The stock has a market capitalization of $148.39 billion, a P/E ratio of 26.94, a PEG ratio of 2.50 and a beta of 0.68. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.45 and a current ratio of 0.55. The company has a 50 day simple moving average of $70.08 and a 200 day simple moving average of $70.09. NextEra Energy has a twelve month low of $61.72 and a twelve month high of $86.10.

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.

First Solar stock traded down $1.85 during mid-day trading on Tuesday, hitting $163.69. The company’s stock had a trading volume of 5,190,548 shares, compared to its average volume of 3,985,104. The stock’s fifty day moving average is $153.47 and its two-hundred day moving average is $154.72. The company has a current ratio of 1.93, a quick ratio of 1.39 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $17.55 billion, a PE ratio of 13.92, a price-to-earnings-growth ratio of 0.30 and a beta of 1.53. First Solar has a 1 year low of $116.56 and a 1 year high of $262.72.

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

Shares of NYSE VST traded down $8.46 during mid-day trading on Tuesday, reaching $185.35. 4,459,461 shares of the company’s stock were exchanged, compared to its average volume of 7,167,669. The company’s 50-day moving average is $158.98 and its 200-day moving average is $147.80. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. The firm has a market capitalization of $62.90 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 2.30 and a beta of 1.22. Vistra has a 52-week low of $66.50 and a 52-week high of $199.84.

Constellation Energy (CEG)

Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets.

NASDAQ CEG traded down $14.13 on Tuesday, reaching $308.63. The stock had a trading volume of 2,320,221 shares, compared to its average volume of 4,127,947. Constellation Energy has a 12-month low of $155.60 and a 12-month high of $352.00. The company has a quick ratio of 1.24, a current ratio of 1.47 and a debt-to-equity ratio of 0.79. The stock has a fifty day moving average price of $284.28 and a two-hundred day moving average price of $262.54. The firm has a market capitalization of $96.73 billion, a price-to-earnings ratio of 32.57, a P/E/G ratio of 2.51 and a beta of 1.14.