‘Freedom Energy’ surge
In March, the Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, outperformed relative to the S&P 500 and Dow Jones Industrial, writes Jesse Pichel of ROTH Capital Partners.
The Invesco Solar ETF (TAN) increased 6.4%, while the S&P 500 increased by 2.0% and the DJIA increased by 2.5% in the month of March. The top five performing solar stocks in the US market include Sunnova Energy International, Inc. (22.6%), Sunworks, Inc. (21.4%), Azure Power Global Limited (19.3%), Array Technologies, Inc. (16.9%), and SunPower …
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