Business

Photo voltaic Shares Dip. Right here’s How one can Commerce Them Now


Solar stocks have been some of the best stocks to own this summer, with names like First Solar  (FSLR)  and Enphase Energy  (ENPH)  leading the charge higher.

These stocks rallied more than 140% from the May low to the recent high and helped power the Invesco Solar ETF  (TAN)  higher. These two stocks are the largest holdings in the ETF, with a combined weighting of more than 22%.

While the overall market is under pressure on Wednesday, solar stocks are getting hit quite hard.

Enphase Energy is down about 13% on the day, while First Solar stock is down roughly 6%.

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