8 Best Solar Stocks to Buy According to Wall Street Analysts

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1. Tigo Energy Inc. (NASDAQ:TYGO)

Number of Hedge Fund Holders: 3

Average Upside Potential as of August 15: 280.00%

Tigo Energy Inc. (NASDAQ:TYGO) is one of the best solar stocks to buy according to Wall Street analysts. On July 31, Tigo Energy announced that its TS4 Flex MLPE/Module Level Power Electronics family of products has been certified for compatibility with hybrid solar inverters from Haier Energy. The certification confirms that certain single-phase and three-phase Haier products will work with members of the Tigo TS4 product family when properly designed and installed.

The collaboration provides high-quality systems that efficiently generate and manage solar energy for residential customers. The compatibility is an example of Tigo’s open architecture approach to solar technology, which allows for different systems to work together.

The certified products are available for use in Austria, Belgium, Germany, Italy, Luxembourg, the Netherlands, and Switzerland. These countries represent at least half of the top 10 EU countries by solar capacity per capita. To inform installers in these regions, Tigo and Haier will host a joint webinar available in Italian, German, and English.

Tigo Energy Inc. (NASDAQ:TYGO) provides solar and energy storage solutions worldwide. It offers module-level power electronics/MLPEs to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays.

While we acknowledge the potential of TYGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TYGO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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