And they’re off
Solar stocks got off to a great start in 2020. In January, the Guggenheim Solar ETF (TAN) increased 4.1% vs. the S&P 500 and Dow, which increased 0.5% and 0.1%, respectively.
The strong performance of Sunrun, Vivint, and Sunnova dovetails with positive investor sentiment around the U.S. residential solar sector. Roth Capital analyst Phil Shen forecasts 25% year-on-year growth in the U.S. residential PV market this year.There are two unfolding macro events for investors that could impact the solar industry: 1) U.S.-China trade; and 2) the coronavirus …
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