5 Best Solar Energy Stocks to Buy Now

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Below we presented the 5 best solar energy stocks to buy now. For our detailed discussion as well as a more comprehensive list please see 10 Best Solar Energy Stocks To Buy Now.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the best solar energy stocks to buy:

5. Canadian Solar Inc (NASDAQ: CSIQ)

No of HFs: 25

Total Value of HF Holdings: $245 Million

Canadian Solar Inc is a Canada-based large-cap global company that produces and sells solar photovoltaic products and provides energy solutions as well as one of the largest solar power plant developers globally. With 16 GW module production capacity and 10 GW cell capacity, the company reaches 150 countries with 17 manufacturing facilities. In 2021, it is expected that a 10% growth in shipment capacity.

Stock gain this year is 148.3% and the compound 3 year revenue growth rate is 4.4%.

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