SolarEdge Technologies Inc. (NASDAQ:SEDG) is one of the 10 Stocks With Unbelievable Gains.
SolarEdge saw its share prices climb by 17.47 percent on Thursday to close at $50.24 apiece, as investors positioned their portfolios on expectations of a surge in demand for its products amid the looming solar tax credit deadline.
Under the One Big Beautiful Bill Act, commercial projects for construction and development before the July 4 deadline remain qualified to receive the 30 percent federal investment tax credit.
In anticipation of the cutoff, investors expect developers to move quickly to safe harbor equipment and secure eligibility for the incentive.
For SolarEdge Technologies Inc., any safe harboring move is expected to positively impact its performance in the second quarter of the year.
In other news, SolarEdge Technologies Inc. earlier this week welcomed Maoz Sigron as its new chief finance officer, effective on May 31, 2026. He will replace incumbent CFO Asaf Alperovitz, who is stepping down to pursue another professional opportunity outside of the industry.
Alperovitz, however, will remain with the company until June 9, 2026, to assist with the transition.
Before joining SolarEdge Technologies Inc., Sigron was CFO and COO at Perion Network Ltd. He boasts a strong track record in governance, M&A, capital markets, budgeting, and operational discipline.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
