This company has beat the number in 3 of the last 4 quarters but estimates have tracked lower of late.
Daktronics, and Canadian Solar have been highlighted as Zacks Bull and Bear of the Day.
Undervalued solar stocks are quality investments as they are tapping a market expected to grow 7.3% yearly until 2029. In 2023, solar energy generated 5.6% of U.S. power, up from 4.8% a year earlier; California has the most solar power, 27.3%. The momentum is further boosted by new taxes on Chinese solar panels, rising power demand and government funding. Furthermore, local state governments are providing favorable tailwinds. Michigan enacted new legislation allowing homeowners groups to forbid