|Bid||151.00 x 800|
|Ask||152.49 x 900|
|Day's Range||149.32 - 156.77|
|52 Week Range||65.41 - 229.04|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||119.94|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Enphase Energy (ENPH) closed the most recent trading day at $155.53, moving -1.53% from the previous trading session.
The solar energy industry has grown rapidly even as fossil fuels remain the dominant source of global energy use. While some large utilities and energy companies have solar and renewable energy divisions, these businesses typically are not included in the industry's listings because the parent's primary focus is not solar. Here are the top three solar stocks with the best value, the fastest growth, and the most momentum.
The solar industry has exploded onto the energy scene over the last two decades and seems like it's not slowing down anytime soon. According to Our World in Data and BP, total solar installations globally have grown from 0.65 gigawatts in 2000 to 40.1 GW in 2010 and 708 GW in 2020. Despite this growth, not all solar energy stocks have outperformed the market over the last two decades.