Promising Solar Stocks To Consider – February 09th

Tesla, Berkshire Hathaway, and United States Steel are the three Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies that are involved in the manufacturing, development, installation, or sale of solar energy products or services. These stocks represent investments in the solar energy industry and are influenced by market trends, government policies, and technological advancements related to solar power generation. Investors may choose to hold solar stocks to support renewable energy efforts or seek financial gain from the growth potential of the solar industry. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ:TSLA traded down $12.70 during mid-day trading on Friday, hitting $361.62. 69,251,467 shares of the stock traded hands, compared to its average volume of 67,880,264. Tesla has a 12-month low of $138.80 and a 12-month high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.16 trillion, a PE ratio of 177.27, a price-to-earnings-growth ratio of 6.22 and a beta of 2.34. The business’s 50-day moving average price is $408.27 and its 200 day moving average price is $303.93.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B traded down $4.30 during mid-day trading on Friday, reaching $472.92. 3,198,016 shares of the stock traded hands, compared to its average volume of 3,973,708. The company has a market cap of $1.02 trillion, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 3.42 and a beta of 0.88. Berkshire Hathaway has a 1 year low of $392.10 and a 1 year high of $491.67. The firm has a fifty day moving average price of $460.77 and a 200 day moving average price of $457.35.

United States Steel (X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.

NYSE X traded down $2.31 during trading on Friday, reaching $36.96. The company’s stock had a trading volume of 31,637,319 shares, compared to its average volume of 5,718,949. The stock has a market capitalization of $8.32 billion, a PE ratio of 24.80, a P/E/G ratio of 1.30 and a beta of 1.86. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.55 and a quick ratio of 0.91. The firm has a fifty day moving average of $35.01 and a 200 day moving average of $37.01. United States Steel has a one year low of $26.92 and a one year high of $48.13.