In the past two years, solar energy stocks have seen a lot of ups and downs. 2021 was a great year for these stocks because the demand for renewable energy was high. But in 2022, things got tougher due to supply chain issues and rising costs. Source: https://www.nasdaq.com/articles/solar-energy-stocks-make-a-comeback-but-will-it-last-2024-05-29
Looking ahead to 2025, analysts are optimistic. They believe that new technologies, supportive government policies, and growing awareness about the environment will boost the solar sector. Source: https://markets.businessinsider.com/news/stocks/7-solar-stocks-that-could-be-millionaire-makers-may-edition-2024-05
As of June 2024, the stocks are close to yearly lows and a day after the US presidential debates, it seems more unlikely that the next president (likely Trump) will prioritize renewable energies and there is also economic commentaries on the potential negative effect on inflation and interest rates. Two very important factors for Solar Energy.
Do you think Solar will rebound despite the economic and political risks or is it doomed to sleep a ew more years until governments take the issue of global warming and green policies seriously agin ?
Are there stocks that you are watching and believe will be able to grow ?
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