Why Residential Solar Stocks Jumped Today

Solar energy stocks went on a tear today, with many climbing by double digits. Residential solar was one of the biggest beneficiaries, continuing a great run for the sector. 

Shares of SunPower (NASDAQ: SPWR) led the way, climbing as much as 27.9%, while Sunnova's (NYSE: NOVA) shares soared 12.7% and Sunrun (NASDAQ: RUN) gained 16.3% at its high. The three stocks were up 23.7%, 9.7%, and 15%, respectively, as of 2:25 p.m. EDT. 

Image source: Getty Images.

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Source Fool.com