Reported 26 days ago
In a discussion on Yahoo Finance, Mizuho's Maheep Manley highlights the potential positive effects of an expected interest rate cut and the upcoming presidential election on solar energy stocks. Solar companies, which generally perform better in lower interest rate environments, could see significant upside due to their high debt-to-capital ratios. Moreover, favorable outcomes for clean energy policies, including the Inflation Reduction Act, could notably benefit leading companies like First Solar.
Source: YAHOO