We're experiencing sell-offs across sectors right now, but do you have any idea why solar isn't doing well? 🤔
Specifically the last few days I'm seeing the most noticeable declines in my portfolio and that's in $ENPH. Yet a few days ago I read that they had a successful entry into South America, across Brazil. So I must be missing some news. But the competition from $FSLR or $CSIQ is holding up.
Anyone following these stocks and how do you feel about the sector? 😊
I don't follow this sector much and I don't own any stocks from this sector. However, it is interesting and thank you for the tip.
I follow solar industry stocks. I'm especially interested in Europe right now, there was a great report yesterday and my favorite company Meyer Burger went up 8%. The German Chancellor announced his support for the solar industry in Germany and I hope he pushes it through the European Commission. The EU needs to support local manufacturers and be competitive with China.