Array Technologies (ARRY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ARRY vs. ENPH: Which Stock Is the Better Value Option?
Solar stocks might boom in 2024 as the Federal Reserve considers reducing rates three times after hiking them 11 times in a year and a half. Additionally, with inflation decreasing, markets are bullish, but solar equities are not. While the S&P 500 is up 6%, the Invesco Solar ETF (NYSEARCA:TAN) is down 23% this year, bucking the dovish Fed’s market optimism. However, the solar sector is growing steadily. Global photovoltaic installations rose in 2023, with China adding 260 GWdc. Global installat