Why Solar Energy Stocks Popped Again on Friday

Solar stocks had another outstanding day on Friday, capping off a great week for the industry. Shares of JinkoSolar Holdings (NYSE: JKS) rose as much as 16.7%, Canadian Solar (NASDAQ: CSIQ) was up 13%, and SunPower (NASDAQ: SPWR) was up 12.3% at its peak. The three solar energy stocks closed the day up 10.2%, 8.8%, and 3.7% respectively.

The move comes on a day that the Dow Jones Industrial Average and S&P 500 are down just under 1%, so solar stocks are bucking the market's move today.

Image source: Getty Images.

Continue reading

Source Fool.com