Solar Industry

Solar industry analysis: EL7 Score and the best stocks ranked by value, profitability, and momentum.

EL7 Score

74Strong

36 of 151

P/E 21.3 vs period average 16.1 Richer than its history

Total stocks21

Total Market Cap$47B

Median P/E21.3x

Median Net Margin-3.8%

Value

Growth

Best Stocks in Solar

Ranked among 8 stocks with a market cap above $500M. Smaller companies are excluded from the ranking.

Rank	Company	Price	Change	P/E	Fwd P/E	Value	Growth	Quality	Safety	Capital Return	EL7 Score
1/8	FSLRFirst Solar	$209.03	+0.9%	12.9	9.5	81	39	86	96	64	100
2/8	NXTNextpower	$82.89	+1.9%	21.3	17.1	33	65	95	87	36	91
3/8	ENPHEnphase Energy	$36.35	-1.4%	36.0	16.9	10	9	100	91	82	87
4/8	SHLSShoals Technologies	$7.30	+2.7%	38.7	15.7	14	48	67	83	18	65
5/8	CSIQCanadian Solar	$12.76	-2.1%	—	22.4	24	17	48	70	77	24
6/8	SEDGSolarEdge Technologies	$34.68	-5.6%	—	36.9	19	30	24	74	73	19
7/8	ARRYArray Technologies	$4.62	+1.5%	—	5.5	95	26	38	52	23	16
8/8	RUNSunrun	$8.56	-0.8%	29.5	40.7	5	61	43	35	5	9

Score = market-cap-weighted percentile rank of the sector stocks vs the whole market (0-100). Higher = stronger.

ETFs with exposure to this sector

Funds that track the sector and each fund's exposure to it.

Fund	Exposure	Assets	Expense	Holdings
XLEState Street Energy Select Sector SPDR ETF	100.0%	$43B	0.08%	21
VDEVanguard Energy ETF	99.6%	$12B	0.09%	112
AMLPAlerian MLP ETF	97.6%	$14B	1.01%	14

The percentage is the sector's share of the fund's assets, per the latest available data.