Undervalued solar stocks are quality investments as they are tapping a market expected to grow 7.3% yearly until 2029. In 2023, solar energy generated 5.6% of U.S. power, up from 4.8% a year earlier; California has the most solar power, 27.3%. The momentum is further boosted by new taxes on Chinese solar panels, rising power demand and government funding.Furthermore, local state governments are providing favorable tailwinds. Michigan enacted new legislation allowing homeowners groups to forbid solar install ...

PLEASANTON, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- InkSpace Imaging proudly announces that GE Healthcare has certified their Snuggle™ and Silhouette™ MRI body arrays. They are now compatible with GE HealthCare Signa Architect and Premier 3T MRI scanners in the United States. InkSpace Imaging's dedication to innovation in diagnostic imaging ensures that radiologists, MR technologists, hospitals, and patients can enjoy the advantages of their body-contouring Snuggle™ pediatric and Silhouette™ adult MR body ...

MADRID, SPAIN - JUNE 11: NetApp VP Area, Jose Manuel Petisco, speaks at the Amcham Briefing, 'Global ... [+] Trends 2024', at the El Beatriz Auditorium, on 11 June, 2024 in Madrid, Spain. The event was organized by Europa Press and the US Chamber of Commerce. (Photo By Alberto Ortega/Europa Press via Getty Images)Europa Press via Getty ImagesNetApp a company that provides on-premises data storage systems and public cloud services, has had a solid year so far, rising by close to 45% since early January with ...

ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, "Made in America: The Boom in U.S. Manufacturing Investment," addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. S ...

ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, “Made in America: The Boom in U.S. Manufacturing Investment,” addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. S ...

ALBUQUERQUE, N.M., June 10, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, announced today that its Chief Financial Officer, Kurt Wood, will be stepping down from his position at the end of the second quarter to pursue other business interests. “On behalf of Array Technologies, I want to thank Kurt for his impact on the Company during his tenure. Kurt came into Array and he c ...

ALBUQUERQUE, N.M., June 05, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Neil Manning as president and chief operating officer. Manning will continue to report directly to Array’s chief executive officer, Kevin G. Hostetler. He has previously served as the chief operations officer since January 2023.  In addition to continuing his role overseeing Array’s integrate ...

ALBUQUERQUE, N.M., June 05, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ:ARRY) ("Array" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Neil Manning as president and chief operating officer. Manning will continue to report directly to Array's chief executive officer, Kevin G. Hostetler. He has previously served as the chief operations officer since January 2023.  In addition to continuing his role overseeing Array's integrated ...

2023 was a very tough year for solar stocks overall. The Federal Reserve’s decision to hike interest rates several times made borrowing much more expensive, resulting in lower profitability for solar firms. Solar ETF performance was pretty dismal overall with some stunning losses.2024 began with the expectation of a turnaround on hopes for interest rate cuts. Those cuts have yet to materialize but solar stocks are staging something of a comeback. That comeback has been catalyzed not by cuts but instead by n ...

Investors, weary of volatility due to economic uncertainty and geopolitical tensions, have been seeking stability and growth potential in their stocks. When it comes to portfolio performance, stocks with analyst upgrades can be important as endorsements by brokers.When analysts raise their ratings, the move signals increased confidence in the company’s future prospects. This newfound optimism can attract more investors to the stock, driving up demand and potentially pushing the price higher. Therefore, we n ...