Featured in As simple as IBC – 03-2023

New lease on life

The Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, under-performed relative to the S&P 500 and Dow Jones Industrial Average (DJIA) in February. Roth Capital’s Jesse Pichel attributes this to inflation uncertainty and concern over expected interest rate hikes.

By

pv magazine

09 Mar 2023

The Invesco Solar ETF (TAN) fell by 6.3%, while the S&P 500 increased by 0.1% and the DJIA decreased by 0.8% in February. The top five solar stocks in the US market include Generac Holdings (5.1%), Applied Materials (3.5%), Sunrun (-4.1%), SolarEdge (-4.4%), and Atlantica Sustainable Infrastructure (-5.5%).Our checks with two distributors suggest that the …

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