Featured in Go big or go home – 11-2020

Riding strong resi growth

Solar stocks have seen significant upside in October, writes ROTH Capital Partners’ Jesse Pichel. The Guggenheim Solar ETF (TAN) increased 9.4% vs. the S&P 500 and the Dow, which increased by 3.0% and 2.8%, respectively. Year to date, the TAN gained 139% vs. the S&P 500 and the Dow, which rose 7.8% and fell 0.2%, respectively.

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pv magazine

02 Nov 2020

11010_Guggenheim_Solar_ETF_Holdings_pvi_11_2020_2sp

The top five solar stock performers in the U.S. market for October were ReneSola (SOL), JinkoSolar (JKS), Sunworks (SUNW), Daqo (DQ), and SunPower (SPWR). They increased 77%, 64%, 36%, 34% and 27%, respectively. The market sees positivity in China’s 14th Five-Year Plan and potential for 60 GW to more than 80 GW per year of …

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