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Aanchal Sugandh

4 Solar Stocks to Avoid Until Further Notice

Solar Nova RUN SEDG BEEM Beam Global SolarEdge Technologies Supply chain Sunnova Energy International Inc Sunrun Inc

Despite a decade of impressive growth, the solar industry is currently facing volatility due to intense competition, global supply chain issues, lower solar installations, and unfavorable government proposals. Therefore, it could be wise to avoid solar stocks SolarEdge Technologies, Inc. (SEDG), Sunrun Inc. (RUN), Sunnova Energy International Inc. (NOVA), and Beam Global (BEEM) until further notice.

Over the past decade, the solar industry has enjoyed an outstanding annual growth of 33%, owing to favorable government policies, declining costs, and rising demand for clean energy. However, the industry is now experiencing volatility that is rippling across the solar supply chain and is pressuring manufacturing giants.

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