Why Solar Energy Stocks Popped Today

Solar energy stocks jumped on Tuesday after an analyst gave two of the industry's leaders positive ratings. Shares of Enphase Energy (NASDAQ: ENPH) rose 5.7%, while SolarEdge Technologies (NASDAQ: SEDG) gained 3.1% in the wake of their thumbs-up from Wall Street.

Peer solar companies ReneSola (NYSE: SOL) and Sunworks (NASDAQ: SUNW) saw their shares rise as well, and they ended the session up 5.2% and 2.8%, respectively.

Image source: Getty Images.

Continue reading

Source Fool.com