Best Solar Stocks To Keep An Eye On – June 21st

Tesla, Berkshire Hathaway, and GE Vernova are the three Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of companies that develop, manufacture, install or maintain solar energy equipment and technologies. By buying these equities, investors gain exposure to the renewable power sector and its growth potential, while share prices may fluctuate based on government incentives, technological advances and shifts in demand for clean energy. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of TSLA stock traded up $0.11 during trading on Friday, hitting $322.16. The company had a trading volume of 108,229,033 shares, compared to its average volume of 100,998,233. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 177.01, a price-to-earnings-growth ratio of 12.04 and a beta of 2.47. The stock’s 50-day moving average price is $306.22 and its 200 day moving average price is $332.14. Tesla has a one year low of $180.69 and a one year high of $488.54.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B traded down $0.24 during trading hours on Friday, reaching $484.90. The stock had a trading volume of 7,587,347 shares, compared to its average volume of 4,398,337. The stock has a market capitalization of $1.05 trillion, a PE ratio of 12.92, a PEG ratio of 3.38 and a beta of 0.85. Berkshire Hathaway has a 12 month low of $403.82 and a 12 month high of $542.07. The company’s 50-day moving average is $508.67 and its two-hundred day moving average is $491.42.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Shares of GEV traded down $3.78 during trading hours on Friday, hitting $486.41. The stock had a trading volume of 4,002,218 shares, compared to its average volume of 3,269,632. The firm has a market capitalization of $132.76 billion, a P/E ratio of 70.09, a price-to-earnings-growth ratio of 3.81 and a beta of 1.97. GE Vernova has a 1-year low of $150.01 and a 1-year high of $500.72. The firm has a 50 day simple moving average of $425.55 and a 200-day simple moving average of $370.71.