ARRY / IPO Stock Of The Week: Solar Leader Array Technologies Triggers Sell Signal After Failed Breakout

Solar stocks have been in sharp focus since 2021. That's when the Biden administration ushered in what has been the most renewable energy-friendly adm more_horizontal

I personally believe that in the future solar energy will take a large part of the energy market, and most of our daily tools will use this energy. Pe more_horizontal

Investors interested in stocks from the Solar sector have probably already heard of Array Technologies, Inc. (ARRY) and Enphase Energy (ENPH). But whi more_horizontal

Here is how Array Technologies, Inc. (ARRY) and Petrobras (PBR) have performed compared to their sector so far this year. more_horizontal

Shares of solar tracker technology provider Array Technologies Inc (NASDAQ:ARRY) have slipped since touching Sept. more_horizontal

Like Icarus, solar stocks flew too close to the sun and burned out in 2023. While the S&P 500 index is trading up 20% year-to-date (YTD), the Invesco more_horizontal

When markets stumble, pay close attention to which stocks buck the trend. Resilient stocks during market weakness tend to lead when the market regains more_horizontal

A record amount of solar panels are expected to be installed in the U.S. this year, but the fate of companies in the industry has diverged. more_horizontal