Year of decline ends on a rally
The Invesco Solar exchange-traded fund (ETF) (TAN) out-performed the Standard & Poor’s (S&P) 500 list of the biggest listed companies in the United States and the Dow Jones Industrial Average (DJIA) in December 2023. Jesse Pichel, of Roth Capital Partners, attributed the improvements to hedge fund action.
The Invesco Solar ETF increased 11% in December 2023 and ended calendar year 2023 down 27%. The S&P 500 rose 4% in December 2023 and jumped 24% for the year. The DJIA increased 4% for December 2023 and rose 14% for all of 2023.Within United States markets, the top three solar stocks for December 2023 …
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