The Biden effect
Solar stocks continued to outperform the broader market in November, writes Jesse Pichel of ROTH Capital Partners. Tailwinds from the election results drove positive sentiment in the United States, while the end of the exemption from Section 201 tariffs for bifacial products could be bad news for module imports.
In November, the Guggenheim Solar ETF (TAN) increased 13.5% vs. the S&P 500 and Dow, which increased by 8.8% and 10.4 %, respectively. Year to date, the TAN gained 153.3% vs. the S&P 500 and the Dow, which increased 10.1% and 2.5% respectively.The top five solar stock performers in the U.S. market for November were …
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