Solar Stocks Worth Watching – August 1st

Tesla, GE Vernova, Berkshire Hathaway, Vistra, and First Solar 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 sector, including manufacturers of photovoltaic panels, installers, and developers of solar power projects. By buying these stocks, investors gain exposure to the growth potential and risks of the solar industry. Their performance is often shaped by government incentives, technological advances, and shifts in global energy demand. 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 $6.62 on Friday, reaching $301.65. The company’s stock had a trading volume of 62,778,387 shares, compared to its average volume of 107,715,789. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04. The firm has a market cap of $972.94 billion, a PE ratio of 174.53, a PEG ratio of 11.21 and a beta of 2.39. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54. The business’s 50-day moving average price is $322.96 and its two-hundred day moving average price is $312.48.

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.

NYSE:GEV traded down $9.12 on Friday, hitting $651.17. 2,264,918 shares of the company’s stock were exchanged, compared to its average volume of 3,667,185. The firm has a 50-day moving average price of $526.57 and a 200-day moving average price of $413.87. GE Vernova has a 52 week low of $150.01 and a 52 week high of $677.29. The company has a market cap of $177.26 billion, a P/E ratio of 156.90, a price-to-earnings-growth ratio of 4.53 and a beta of 1.86.

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.

NYSE BRK.B traded up $0.89 during trading hours on Friday, hitting $472.77. 3,084,190 shares of the company traded hands, compared to its average volume of 4,845,232. The business’s 50-day moving average is $486.16 and its 200-day moving average is $496.44. Berkshire Hathaway has a twelve month low of $406.11 and a twelve month high of $542.07. The stock has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 12.60, a P/E/G ratio of 3.31 and a beta of 0.83.

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.

NYSE VST traded down $1.20 during trading hours on Friday, hitting $207.34. 3,782,574 shares of the company traded hands, compared to its average volume of 7,347,648. The business’s 50-day moving average is $183.29 and its 200-day moving average is $154.98. Vistra has a twelve month low of $66.50 and a twelve month high of $213.05. 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 stock has a market capitalization of $70.36 billion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 2.52 and a beta of 1.26.

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 FSLR traded up $8.55 during mid-day trading on Friday, reaching $183.28. The company’s stock had a trading volume of 4,057,195 shares, compared to its average volume of 3,870,661. First Solar has a 1-year low of $116.56 and a 1-year high of $262.72. The stock has a market cap of $19.66 billion, a P/E ratio of 15.60, a PEG ratio of 0.35 and a beta of 1.52. The business has a 50-day simple moving average of $165.30 and a two-hundred day simple moving average of $153.41. The company has a current ratio of 1.93, a quick ratio of 1.39 and a debt-to-equity ratio of 0.04.