Top Solar Stocks To Watch Today – August 2nd

Tesla, Berkshire Hathaway, GE Vernova, Vistra, First Solar, Constellation Energy, and Quanta Services are the seven Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies that develop, manufacture or install solar energy systems and related technologies. They include firms producing photovoltaic panels, building and operating solar farms, or providing installation and maintenance services. Investors buy these stocks to gain exposure to the growth potential of the renewable‐energy sector. 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.

Shares of TSLA stock traded down $5.64 during trading hours on Friday, reaching $302.63. 88,785,612 shares of the stock traded hands, compared to its average volume of 91,739,856. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54. The business has a fifty day moving average price of $322.22 and a 200 day moving average price of $311.84. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $976.12 billion, a PE ratio of 174.93, a PEG ratio of 10.83 and a beta of 2.33.

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.

BRK.B traded up $0.89 on Friday, reaching $472.77. 5,282,567 shares of the company traded hands, compared to its average volume of 4,084,114. The company has a market cap of $1.02 trillion, a price-to-earnings ratio of 12.60, a PEG ratio of 3.28 and a beta of 0.81. Berkshire Hathaway has a 52-week low of $406.11 and a 52-week high of $542.07. The stock’s 50 day moving average price is $485.54 and its 200-day moving average price is $496.60.

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 $3.63 during trading hours on Friday, hitting $656.66. 3,074,814 shares of the company traded hands, compared to its average volume of 2,826,011. The stock has a market capitalization of $178.76 billion, a price-to-earnings ratio of 158.23, a P/E/G ratio of 4.56 and a beta of 1.90. GE Vernova has a twelve month low of $150.01 and a twelve month high of $677.29. The firm has a 50-day moving average of $530.40 and a 200 day moving average of $415.77.

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 VST traded down $0.48 during trading hours on Friday, hitting $208.06. The stock had a trading volume of 5,735,168 shares, compared to its average volume of 4,789,888. The company’s fifty day moving average is $184.27 and its two-hundred day moving average is $155.24. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. Vistra has a 52 week low of $66.50 and a 52 week high of $213.05. The stock has a market capitalization of $70.60 billion, a price-to-earnings ratio of 32.71, a P/E/G ratio of 2.54 and a beta of 1.30.

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 NASDAQ FSLR traded up $9.24 during mid-day trading on Friday, hitting $183.97. The company’s stock had a trading volume of 5,800,141 shares, compared to its average volume of 2,634,193. The stock has a market cap of $19.73 billion, a price-to-earnings ratio of 15.74, a price-to-earnings-growth ratio of 0.34 and a beta of 1.52. The company’s fifty day simple moving average is $165.81 and its 200-day simple moving average is $153.40. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.93 and a quick ratio of 1.39. First Solar has a one year low of $116.56 and a one year high of $262.72.

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.

CEG stock traded down $7.07 during mid-day trading on Friday, hitting $340.77. 2,869,755 shares of the company were exchanged, compared to its average volume of 2,210,320. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.47. The firm has a market cap of $106.80 billion, a P/E ratio of 35.91, a P/E/G ratio of 2.70 and a beta of 1.12. The firm’s 50 day simple moving average is $313.35 and its 200 day simple moving average is $275.19. Constellation Energy has a 1-year low of $155.60 and a 1-year high of $354.01.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Shares of PWR traded down $10.95 during mid-day trading on Friday, hitting $395.18. 2,094,000 shares of the company’s stock were exchanged, compared to its average volume of 1,116,995. The company has a market cap of $58.59 billion, a PE ratio of 61.17, a P/E/G ratio of 2.79 and a beta of 1.08. Quanta Services has a 52 week low of $227.08 and a 52 week high of $424.94. The company has a 50-day simple moving average of $375.39 and a 200 day simple moving average of $319.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.26.