5 Most Promising Green Stocks According to Analysts

4. Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Average Analyst Share Price Upside: 87%

Shoals Technologies Group, Inc. (NASDAQ:SHLS) is a diversified energy systems company whose products are used in solar power generation, electric vehicle charging, and other green applications. The shares are rated Strong Buy on average and analysts have set an average share price target of $24.94.

During September 2023, 33 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in the firm. Shoals Technologies Group, Inc. (NASDAQ:SHLS)’s largest hedge fund investor is Todd J. Kantor’s Encompass Capital Advisors as it holds $80.3 million worth of shares.

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