Solar Stocks are Soaring on Fed Rate Cuts

The global solar PV industry is expected to install... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Solar Stocks are Soaring on Fed Rate Cuts Jeff Siegel | Sep 20, 2024 Solar stocks got a nice boost this week after the Fed announced its rate cut. [solar stocks] First Solar (NASDAQ: FSLR) and Enphase (NASDAQ: ENPH), in particular, did quite well following that announcement, as you can see here... [enphfslr] Over the past couple years, the solar industry has been hit particularly hard by high interest rates, so the market’s reaction to these rate cuts didn’t come as a surprise. Heck, just in anticipation of those cuts, we saw Enphase begin a steady climb back on Monday, as you can see in this chart... [enph1] If you’re unfamiliar, [Enphase]( is the largest supplier of microinverter-based solar and battery systems in the world. I actually became interested in the stock a few years ago after doing a site visit at a small solar farm in Vermont. I had noticed that all the inverters were from Enphase. So I asked the installer what he thought of them. He told me that pretty much every installer he knows only uses Enphase, unless, there’s a shortage. Which can happen from time to time. This Secret Asset is The #1 Trump Trade [Learn more about Trump’s Secret in this SHORT 5-MINUTE VIDEO...]( So I did a bit of digging and discovered that Enphase inverters were clearly the most popular for installers. That was back when you could still buy shares for about $50 a pop. And eventually, ENPH hit a record high of $336 a share. [enph2] But in that chart, you can also see how a sharp hike in interest rates correlated with a gutting of the stock. By October, 2023, the stock had fallen more than 75% after dipping below $80 a share. Since then, however, ENPH has been inching its way back up. And certainly this latest rate cut is bolstering the value of the stock. It also helps that in the world of solar, Enphase is the leader in microinverters. A good thing to be as the demand for solar continues to grow. According to [data from Bloomberg](, the global solar PV industry is expected to install 592 gigawatts of modules this year, up 33% from 2023. But with interest rate cuts, growth from 2024 to 2025 could exceed 35%. And while Enphase isn’t the only game in town, it is the “big dog” in the inverter market. I expect to see Enphase trading at around $134 a share by the end of the year. Which would equate to a potential gain of around 10% based on current levels. Not bad. But you can do better. Uranium Is Surging: Where to Invest Now The price for uranium is skyrocketing. It hasn’t been this high in more than 16 years. Utilities are scrambling to secure as much fuel as they possibly can. As the American Nuclear Society puts it, "[The U.S. is] on the verge of a crisis." The last time we were in a uranium supply crunch, investors could’ve pocketed gains as huge as 8,200%. One little-known company from the Midwest is in the perfect position to ride this new bull run to stunning highs. Alex Koyfman just published an urgent presentation on this unique opportunity. Access is instant and free. [Get the full story here while there’s still time.]( Better than Solar Stocks A couple years ago, I told you about a new solar investment opportunity that was far more profitable than any of the solar stocks out there. Although, it’s not actually a solar stock, but instead, an investment opportunity that allows you to profit from the same types of private solar deals that guys like Elon Musk, Bill Gates and Jeff Bezos have been profiting from for years. They’re called [private solar royalties]([,]( and they allow you to earn monthly income on solar power projects all over the world. Rates of return on some of these royalty deals exceed an estimated 14%, and you can collect those royalties for as long as 20 years. And the best part is that these monthly payments are not affected by the public markets because these are not public equities. So while interest rate hikes gutted the value of dozens of solar companies, including Enphase, the value of these private solar projects remained unchanged. When it comes to profiting from solar stocks, by far, private solar royalties are my favorite. They’re profitable, they don’t lose value based on interest rate hikes, and they’re super easy to get. In fact, in this [beginner’s guide to private solar royalties]([,]( you can get access to an investment portal that will allow you to [start earning your own royalty payments within 24 hours.]( And some of these deals are major money-makers. In fact, there’s one deal that can earn you an estimated $98,325 in royalties on monthly investments of just $100. I can assure you, you’re not going to earn that with any solar stocks. And if you don’t believe me, just [look at the evidence for yourself.]( To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's [page](. Want to hear more from Jeff? [Sign up to receive emails directly from him]( ranging from market commentaries to opportunities that he has his eye on. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. 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