The Best Solar Stock to Own as Energy Prices Surge

Rising oil prices are benefiting the renewable energy market. And I just found the #1 solar stock to take advantage of this bullish momentum…

Since Russia’s invasion of Ukraine, energy prices have skyrocketed from their already high levels. Currently, crude prices are hovering around $110 per barrel.

But in the weeks since the war, prices have surged to as high as $123 per barrel. And despite some volatility helping to pull back prices, experts monitoring the situation believe costs will trend much higher before they peak. 

In fact, Goldman Sachs (GS) forecast oil prices rising anywhere from $150 and $175 per barrel. Meanwhile, Russia warned that it could take action to constrict oil exports further if the west implements more sanctions. 

This has weighed on the S&P 500, which is down by 3.8% for the month. Meanwhile, the Nasdaq Composite also fell by 5.5%. 

Yet, even though these woes will likely be felt across the market for months to come, the developments may ultimately be a boon for the renewable sector. 

That’s because the current conflict has emphasized the logistical challenges of weaning off oil. And with the expectation for fewer exports, particularly in Europe – where 40% of its oil comes from Russia – the world is beginning to see that it needs to bolster its green-energy investments. 

In turn, companies such as SolarEdge Technologies (SEDG) are anticipated to benefit, as it’s a provider of power optimizers, solar inverters, and monitoring systems for photovoltaic arrays. 

This means its products help to increase the energy output from solar equipment – a much-needed advancement in technology to help accelerate a shift to renewables. 

And this has paid off in spades for SolarEdge. In its February quarter, the company said its earnings per share were $1.10 versus the estimated $0.86. SolarEdge’s revenue was $551.9 million, also greater than the expected $549.7 million. 

And with several projects in its pipeline and revenue predictions of $615 million to $645 million in the first quarter, it shows demand for its solar equipment is continuing to rise. 

In turn, we may see SolarEdge report a boost in annual sales and acquisitions moving forward.

She Pays Just $12/Month for Energy?

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According to the U.S. Energy Information Administration, the average American energy bill is $115 a month.

Yet Colorado resident Katela E. is now paying as little as $12 a month.

And it's not because she's using less energy.

It's all thanks to new breakthroughs in energy technology that are about to take the world by storm.

Yet I've just recorded a free video detailing what's happening…

And how you can become an early investor in the company that's central to the disruption in the energy market…

To watch it, click here.

P.S. Act fast, as this company's stock could be about to take off like a rocket…

$2 EV Stock No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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