Expert Picks: Five 🌞 Stocks Heating Up the Market in 2024

[View in browser]( [The Spill Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Financial Pros’ Top Solar Stock Searches in the Last Month Rank Ticker Name Searches #1 [FSLR]( First Solar 38 #2 [RUN]( Sunrun 14 #3 [JKS]( JinkoSolar 9 #4 [SEDG]( SolarEdge 5 #5 [SPWR]( SunPower 2 #ad [Solar power boom creates investment opportunity]( Brought to you by [Streetlight Confidential & SolarBank Corporation]( [Wealthy investors pour billions into clean energy companies]( [Streetlight Confidential - Wealthy investors pour billions into clean energy companies]( Soaring demand for renewable energy — especially solar power — has created a green energy opportunity for investors who act now. Technological innovation, falling costs and billions of dollars in government spending have finally made solar power a viable energy alternative. There’s now so much money to be made in this sector that billionaires and private equity investors are pouring billions of dollars into clean energy companies. Even Jeff Bezos, Bill Gates, Richard Branson, Michael Bloomberg, Ray Dalio and many others have teamed up to invest more than $2 billion — with billions more to come [Get your free Special Report with all the details here](. Expert Picks: Five 🌞 Stocks Heating Up the Market in 2024 The world’s energy needs are soaring. Yet, traditional fossil fuels are no longer the only solution. Demand for clean energy sources like solar has become part of culture and government plans. In the U.S., solar power generation is forecast to grow by 75% from 2023 to 2025. Naturally, this is a big win for solar companies, and financial pros know it. First Solar (FSLR) tops their list of solar stocks, as it did for most of 2023. Considering it’s one of the only solar companies that turns a profit and generates positive cash flow, it’s not hard to see why. Plus, First Solar’s vertically integrated supply chain avoids the controversial Xingiang region of China, known for human rights abuses. Yet, the stock has been range bound for the better part of a year. So, is there reason to believe it might be ready to break out? Sponsored Here’s one thing we do know. Solar energy’s megatrend is at the beginning stages of a multi-decade expansion. And there’s one company that’s flown under the radar… …a company that just signed a $41 million deal that could lead to explosive growth. [See how SolarBank, a company with:]( - A 10-year history of building solar power plants - Who entered a 30-year agreement with the Maryland Department of Transportation to solarize the state’s transportation system - Recently partnered with Honeywell to build three solar plans in upstate New York […Could be your next big investment by clicking here.]( Sponsored First Solar’s Business The only top ten solar manufacturer in the U.S. not based in China, First Solar has carved out a niche with its thin-film photovoltaic (PV) modules. The company offers a lower-carbon alternative to conventional crystalline silicon (c-Si) panels while steering clear of Chinese c-Si supply chains. First Solar designs, manufacturers and sells cadmium telluride solar modules. Although they primarily sell to large-scale commercial clients, you can find their systems in large scale residential projects as well. Current plans aim for a multi-year expansion in manufacturing capacity in the U.S. and abroad. [Expansion update] Source: First Solar Q4 2023 Earnings Presentation First Solar benefits directly from the Inflation Reduction Act, receiving multiple tax credits and benefits for domestic solar production. The company’s latest quarterly report highlighted substantial revenue growth in 2023 while providing a strong forecast for 2024 with Capex being paid for by current cash flow. Financials [Financials] Source: Stock Analysis First Solar hasn’t had it easy over the last decade. Revenues swung around violently, only up slightly from where they were in 2016. However, margins improved substantially over that same period, with all of them from gross to profit margin the highest they’ve been in a decade. This speaks to a business that’s matured from a speculative investment to a real business. Currently, First Solar has hardly any debt, and as we noted early, plows its cash back into Capex. Sponsored Wealthy investors pour billions into clean energy companies. [Click Here to get your free special report detailing how you can take advantage of this incredible opportunity.]( Valuation [Valuation] Source: Seeking Alpha Only three of the top five solar stocks turn a profit: First Solar, JinkoSolar (JKS), and SolarEdge (SEDG) turn a profit on paper. However, only First Solar is cash flow positive - a critical component to long-term survival in this industry. Also of note, First Solar trades at a Price-to-Earnings Growth non-GAAP ratio of 0.42x, indicating a decent discount on the stock, provided the company maintains its profitable growth. Growth [Growth] Source: Seeking Alpha Speaking of growth, the last year has been exceptionally volatile across the board. Sunrun (RUN), SolarEdge, and SunPower saw sales fall last year, while First Solar and JinkSolar delivered sizable growth. And both First Solar and JinkoSolar expect decent revenue growth in 2024. However, as we noted earlier, First Solar’s CAGR over the last 3-5 years was less than stellar, especially compared to JinkoSolar. Profitability [Profits] Source: Seeking Alpha At the end of the day, only one company generates positive cash from operations, and that’s First Solar. It boasts the best margins along with a decent return on equity. [Billionaires pour money into booming sector... creates investment opportunity]( Soaring demand for renewable energy — especially solar power — has created a green energy opportunity for investors who act now. Technological innovation, falling costs and billions of dollars in government spending have finally made solar power a viable energy alternative. There’s now so much money to be made in this sector that billionaires and private equity investors are pouring billions of dollars into clean energy companies. Even Jeff Bezos, Bill Gates, Richard Branson, Michael Bloomberg, Ray Dalio and many others have teamed up to invest more than $2 billion — with billions more to come [Get your free Special Report with all the details here.]([Ad] Our Opinion 8/10 Of the top Solar stock searches, First Solar is certainly the best of the bunch. The company has a solid growth plan and runs its business profitably. Our only concern is the company’s reliance on growing global demand and government support. So long as these remain in place, First Solar should excel. Sponsored However, there is one company poised for incredible growth that could blow First Solar, JinkSolar, and the rest away. [Click Here to see how SolarBank could be the next explosive small cap stock.]( Sponsored [-facebook-share]( [-twitter-share]( [-linkedin-share]( [-email-share](mailto:?body= %3Cbr+%2F%3E%0A%3Cb%3ENotice%3C%2Fb%3E%3A++Undefined+property%3A+stdClass%3A%3A%24previewText+in+%3Cb%3E%2Fvar%2Fwww%2Fhtml%2Fnl_forms%2Fsrc%2FICTheSpill%2Fautomate-ic-article.php%3C%2Fb%3E+on+line+%3Cb%3E102%3C%2Fb%3E%3Cbr+%2F%3E%0Ahttps%3A%2F%2Finvestingchannel.com%2F%3Fp%3D610967?utm_medium=ic-nl&utm_source=117193 ) News & Insights Just Spilled - [An Unconventional Energy Play]( - [Solar power boom creates investment opportunity]( - [Experts Top 5 Safety Stocks For 2024]( - This is NOT the Way to Play Bitcoin [News & Insights-facebook-share]( [News & Insights-twitter-share]( [News & Insights-linkedin-share]( [News & Insights-email-share](mailto:?body= %3Cbr+%2F%3E%0A%3Cb%3ENotice%3C%2Fb%3E%3A++Undefined+property%3A+stdClass%3A%3A%24previewText+in+%3Cb%3E%2Fvar%2Fwww%2Fhtml%2Fnl_forms%2Fsrc%2FICTheSpill%2Fautomate-ic-article.php%3C%2Fb%3E+on+line+%3Cb%3E102%3C%2Fb%3E%3Cbr+%2F%3E%0Ahttps%3A%2F%2Finvestingchannel.com%2F%3Fp%3D610967?utm_medium=ic-nl&utm_source=117193 ) [We want to hear from you. 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