Solar stocks are companies that are investing in alternative green energies. The solar sector used to be hot when Barack Obama was the president.
In recent years, however, the trend for solar has been dying out. The stock price of industry leaders like First Solar and SunPower hasn't moved much in the past decade.
In 2020, the stocks for the solar industries seem to gain traction again. Solar companies like Canadian Solar, Enphase Energy, JinkoSolar Holding, Sunrun, and Solaredge Tech are making substantial gains in their stock price. Enphase Energy's stock went from below $10 in 2019 to over $180 in December 2020, an impressive 1,800% appreciation.
5 Solar Stocks to Watch in 2021
The trend for solar may continue and here are the top 5 solar stocks to watch in 2021.
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