5 Best Solar Energy Stocks To Invest In Heading Into 2024

4. Array Technologies, Inc. (NASDAQ:ARRY)

Number of Hedge Fund Investors in Q2 2023: 32

Array Technologies, Inc. (NASDAQ:ARRY) sells hardware products that enable solar panels to track the Sun’s movements. Its second quarter results provided some breathtaking figures, as revenue jumped by nearly $100 million annually and the gross profit grew by 276%.

By the end of this year’s second quarter, 32 out of the 910 hedge funds polled by Insider Monkey had held a stake in the firm. Array Technologies, Inc. (NASDAQ:ARRY)’s largest investor is Jos Shaver’s Electron Capital Partners since it owns $121 million worth of shares.

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