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Residential drive

Solar stocks outperformed the broader market in April. Month-to-date, the Guggenheim Solar ETF (TAN) increased 6.7% versus the S&P 500 and Dow that gained 2.5% and 1.8% respectively.

By

pv magazine

13 May 2019

Guggenheim_Solar_ETF_Holdings_pvi05_2019_2

Graph: pv magazine/ Roth Capital Partners

The top five performers in the U.S. stock market are Sunworks (SUNW), Sunpower (SPWR), First Solar (FSLR), Sunrun (RUN), and SolarEdge (SEDG), that increased 51%, 15%, 14%, 11%, and 10%, respectively. Stocks were driven by stronger than expected demand in the United States, especially in the residential sector. Post-ROTH annual March conference, ROTH research analyst …

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