|Bid||72.52 x 1000|
|Ask||73.00 x 2200|
|Day's range||68.77 - 76.64|
|52-week range||11.42 - 90.20|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||56.23|
|Earnings date||27 Nov 2020 - 03 Dec 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||37.11|
The Electoral College is a hot topic this week, but these three renewable-energy stocks will do well no matter what happens when it meets.
The sun is shining brightly on solar stock investors Wednesday, with shares of solar panel installer SunPower (NASDAQ: SPWR), solar module-maker JinkoSolar Holding (NYSE: JKS), and solar inverter inventor Enphase Energy (NASDAQ: ENPH) all soaring more than 10% in morning trading. As of 12:45 p.m. EST, SunPower stock was still up 9.8%, Jinko was up 11.2%, and Enphase was up 9.1%. None of the usual catalysts for big, 10%-plus stock moves are apparent today -- no analysts are upgrading solar stocks nor raising price targets on the same.
Shares of JinkoSolar (NYSE: JKS) rocketed 46.6% higher in October, according to data from S&P Global Market Intelligence. The China-based solar panel manufacturer rose following strong earnings report released toward the end of September, then accelerated as polls showed an increasingly likely Democratic win in the November elections. At the end of September, Jinko reported strong fiscal second quarter earnings.