Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today

Lower inflation plus lower interest rates plus high short interest is making three renewable energy stocks winners ... for now. That means inflation is going down (for now), and it means momentum stocks are going up (for now). Through 1 p.m. ET today, shares of SunPower (SPWR 1.83%) are up 1.1%, ChargePoint Holdings (CHPT 2.51%) gained 2.5%, and Sunnova Energy International (NOVA 11.84%) raced ahead with a 10.8% increase. What do a residential solar-power company, an electric-car charging company, and a dis ...