Solar stocks on top
Stock index: Solar stocks outperformed the market in April (4-25). The Guggenheim Solar ETF (TAN) rose 1.3% versus the S&P 500 (down 0.2%), and Dow (down 0.3%).
The top five performing stocks in the U.S. market are SunPower (SPWR), Sky Solar (SKYS), Azure Power (AZRE), Daqo New Energy (DQ), and ReneSola (SOL). Three key factors impacted the solar industry in April: 1) SPWR’s acquisition of SolarWorld Americas; 2) DQ’s agreement with Longi and $110 million equity financing; and 3) China capping 2018 …
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