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Emeren Group Ltd. Sponsored ADR (SOL)

(Delayed Data from NYSE)

$1.70 USD

1.70
87,262

-0.07 (-3.96%)

Updated Jul 24, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 14% (215 out of 250)

Industry: Solar

Better trading starts here.

Zacks News

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How To Play The Crypto Correction

I have no doubt that investor & traders will buy this market right back up once the momentum shifts back towards the upside

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Retail-Focused Week Ahead

I wouldn't be surprised if we continued to trade in choppy waters throughout this retail-focused week

ReneSola (SOL) Sells 4 Solar Projects, Focuses on Pipeline

ReneSola (SOL) sells a portfolio of four solar development projects with 12 MWdc capacity to Greenbacker Renewable Energy. It has mid-to-late-stage projects of 470 MW in the United States.

ReneSola (SOL) Soars 6.3%: Is Further Upside Left in the Stock?

ReneSola (SOL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

All You Need to Know About ReneSola (SOL) Rating Upgrade to Strong Buy

ReneSola (SOL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

ReneSola (SOL) Gets Approval for 12 MW Solar Project in Spain

ReneSola (SOL) anticipates commencing construction for its 12MW solar project in Spain from early 2022, in a bid to expand its footprint in the country.

Enphase Energy (ENPH) Launches IQ 7 Microinverters in Italy

Enphase Energy, Inc. (ENPH) reinforces its presence in Europe by launching IQ 7 family of microinverters in Italy.

Enphase (ENPH), Sunpro Ink Deal, Latter to Market Its Batteries

Enphase (ENPH) and Sunpro expand their existing partnership. Per the deal, Sunpro will now promote Enphase Encharge battery storage systems and solar systems

Enphase Energy (ENPH) Launches IQ 7+ Microinverters in Brazil

Enphase (ENPH) sets foot in the Brazilian solar market with the launch of its IQ 7+ microinverters.

ReneSola (SOL)-Eiffel JV Acquires First Project In Europe

ReneSola (SOL) in JV with Eiffel Investment Group acquires its first 200 MW project in Europe. The deal is part of European Solar Energy Development JV to build 700 MW of solar projects across Europe.

Zacks Industry Outlook Highlights: SolarEdge, Sunrun and ReneSola

Zacks Industry Outlook Highlights: SolarEdge, Sunrun and ReneSola

Canadian Solar (CSIQ) Sells 80% Stake in Crimson Solar Project

Canadian Solar's (CSIQ) subsidiary, Recurrent Energy, sold its 80% stake in the Crimson storage project to Axium Infrastructure. The solar plant has a generation capacity of 1.4 GWh.

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3 Solar Industry Stocks Worth Watching Despite Policy Woes

Strong installation trends and robust investments by corporates have been boosting U.S. solar stocks' performance, amid a lack of adequate policy provisions. You may consider SEDG, RUN, and SOL from this space

JinkoSolar's (JKS) Arm & CATL to Promote Carbon Neutrality

JinkoSolar Holding's (JKS) arm signs a deal with CATL to promote the usage of clean sources of energy to achieve carbon neutrality.

Energy Transfer (ET) Signs PPA for Clean Power, Cuts Emission

Energy Transfer (ET) continues to lower emissions footprint throughout its operations, with the use of technologies such as dual drive compressors, by supporting clean electric generation projects.

ReneSola (SOL) Q2 Earnings Beat Estimates, Revenues Drop Y/Y

ReneSola's (SOL) Q2 revenues of $18.5 million miss the Zacks Consensus Estimate by 10.2% and decrease 29.2% year over year.

F5 Networks, Cardlytics, Sunrun, Canadian Solar and ReneSola highlighted as Zacks Bull and Bear of the Day

F5 Networks, Cardlytics, Sunrun, Canadian Solar and ReneSola highlighted as Zacks Bull and Bear of the Day

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3 Solar Stocks in Focus Amid the Solar Boom in California

California ranks first in terms of solar energy output within the United States, with solar energy supplying more than 20% of the state's electricity currently.

ReneSola (SOL) Set to Report Q2 Earnings: What's in Store?

ReneSola's (SOL) Q2 results are likely to reflect solid project sale activities. However, rising cost of input might have marred its growth

First Solar (FSLR) Starts Building 3.3 GWdc Facility in Ohio

Since 2002, First Solar (FSLR) has invested over $2 billion in expanding its manufacturing presence in Ohio.

ReneSola (SOL) Sells 38MW Project in Poland, Expands Presence

ReneSola (SOL) continues to expand operations. The company is poised to benefit from Poland's goal of increasing solar capacity to 5-7 GW by 2030.

Is Invesco Global Clean Energy ETF (PBD) a Strong ETF Right Now?

Smart Beta ETF report for PBD

The Zacks Analyst Blog Highlights: Canadian Solar, ReneSola, Enphase Energy and First Solar

The Zacks Analyst Blog Highlights: Canadian Solar, ReneSola, Enphase Energy and First Solar

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4 Stocks Poised to Gain on Expanding European Solar Market

For 2021, Germany, Spain, the Netherlands, Poland and France are projected to be the EU's top five solar markets.

ReneSola (SOL) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

ReneSola (SOL) reports earnings of 5 cents in the first quarter of 2021, primarily due an improved top-line performance.