Solar stocks underperformed the broader market in October. The Guggenheim Solar ETF (TAN) rose 0.2% versus the S&P 500 and the Dow Jones industrial average, which increased 1.9% and 0.7%, respectively.
The top four solar stock performers in the U.S. market were Sky Solar (SKYS), Sunworks (SUNW), SolarEdge (SEDG) and Enphase Energy (ENPH), which increased by 40%, 29%, 9.5% and 8%, respectively.Solar stocks have not performed very well since last month, which might be driven by China: 1) a negative outlook for China demand in 2020; …
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