Array Technologies, Inc. (ARRY) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.47 per share a year ago.
You may think an article about the best solar stocks to buy in August 2024 would be a laughably short article. Few sectors have been as acutely affected by inflation and interest rates as solar energy companies.
Array Technologies (ARRY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Solar stocks are on every investor's mind in the run-up to the 2024 election on Nov. 5. Before the election, investors and experts are looking for policy measures to sustain the secular increase in solar adoption and associated stocks in the process.
Array Technologies, Inc. (ARRY) reachead $11.22 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close.
In the closing of the recent trading day, Array Technologies, Inc. (ARRY) stood at $10.52, denoting a -1.68% change from the preceding trading day.
If you're in limbo about which companies to invest in, maybe solar stocks should be your next stop. It's never been a better time for the solar industry.
From transportation to manufacturing consumer products, energy is at the core of our lives. Within the energy market, renewable energy has grown rapidly as the global consciousness of climate change is increasing.
Undervalued solar stocks are quality investments as they are tapping a market expected to grow 7.3% yearly until 2029. In 2023, solar energy generated 5.6% of U.S. power, up from 4.8% a year earlier; California has the most solar power, 27.3%.
Citi analysts upgraded shares of the solar energy company to Buy from Neutral.
Solar stocks have been relatively hard hit due to the ongoing quantitative tightening that is resulted from high inflation. While the sector has suffered as the economy tackles inflation, a silver lining appears to be emerging.
NetApp a company that provides on-premises data storage systems and public cloud services, has had a solid year so far, rising by close to 45% since early January with its stock trading at about $128 per share.