Buy the Dip on these Solar Stocks

Weakness here is an opportunity [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Weakness is an opportunity with solar stocks. Sure, there have been concerns that a Trump win could derail clean energy stocks. But as I’ve said before, a repeal isn’t likely for two reasons. One, unless the Republicans take full control of Congress, it’s not likely to happen. Two, the Inflation Reduction Act (IRA) has been popular across the political spectrum. Not helping, SunPower just filed for Chapter 11 bankruptcy protection. However, with all of the negativity priced into solar stocks, now is the time to buy the dips. --------------------------------------------------------------- Company: First Solar (SYM: FSLR) Analysts at Argus just raised their price target to $250 from $225, with a buy rating. The firm believes FSLR will benefit from evolving tariffs and other regulations regardless of who wins the election in November. Plus, earnings have been strong. In its second quarter, the company’s net income soared to $349 million., or $3.25 a share from $171 million, or $1.59 year over year. Revenue rocketed 25% higher year over year to $1.01 billion. --------------------------------------------------------------- Investors Alley [#1 Energy ETF for Monthly Payouts - August 16th Deadline]( [electricity](For every $100 invested, you could collect up to $22 in dividends. But you must act by Friday, August 16th, to secure the next payment. [Go here NOW to find out more.]( --------------------------------------------------------------- Company: Sunnova Energy (SYM: NOVA) The company’s EPS loss of 27 cents beat estimates by 37 cents. Revenue of $219.6 million, up 32% year over year, beat by $3.74 million. Adjusted EBITDA was $216.7 million from $28.1 million year over year. Plus, Scotiabank raised its price target on NOVA to $14 from $10 with an outperform rating. The firm added that “Results for Q2 are an “excellent” proof point of the strategy the company launched last quarter, the analyst tells investors. "For long-term, the firm sees the potential for a more capital light model as the company laid out in Q1,” as noted by TheFly.com. --------------------------------------------------------------- T3Live [Unlock My Free Indicator: How I Predicted Market Turns]( In 2008 and again in 2020, I made bold predictions about market crashes that turned out to be accurate. As a seasoned trader with over 30 years of experience, I've developed a unique indicator that helps me navigate the markets with confidence. I'm Scott Redler, co-founder of T3 Live, and I'm excited to share this free indicator with you. It's easy to use and has helped me make informed decisions about when to buy and sell. Along with this powerful tool, I'm offering you a complimentary 23-page book that explains how it works. [Get Your Free Indicator and Book]( --------------------------------------------------------------- ETF: Global X Solar ETF (SYM: RAYS) Or, if you want to diversify on the cheap, there’s the Global X Solar ETF (SYM: RAYS). With an expense ratio of 0.5%, the ETF invests in stocks involved with “solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source,” as note by GlobalXETFs.com. --------------------------------------------------------------- Millionaire Publishing [Legendary Trader Reveals His Bizarre Friday Routine ($$ on Monday)]( [tim sykes](He's been doing this bizarre Friday routine for years, and it's still leading to large cash payouts on Monday. Tim Sykes places one simple trade right before the closing bell on Friday. And if all goes to plan, Monday morning he cashes out for weekend windfalls as high as $8,780... $9,518... and even $16,159. [>> Watch this 14 min video to discover how it works.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own shares of solar or other clean energy stocks? Do you have your eye on any other under-the-radar energy stocks we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â