4 Solar Stocks to Buy After Earnings

For the solar stocks, earnings were a mixed bag. But long-term opportunities abound.

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4 Solar Stocks to Buy After Earnings

The most recent earnings salvo from solar stocks hasn’t exactly been full of sunshine. The sector has been full of earnings misses, one-off issues and downbeat guidance for the rest of 2014.

solar stocks panel green energy 630 ISP 300x199 4 Solar Stocks to Buy After Earnings
Source: ©iStock.com/danielschoenen

Broad solar stocks vehicles — like the Guggenheim Solar ETF (TAN) — have fallen pretty hard during the past month. But that makes the sector an interesting long-term bargain right now.

The cost of solar energy continues to drop and is increasingly more affordable — even before taking tax incentives into account. Analysts now believe that rooftop solar installations will become competitive with conventional electricity from the grid within the next three years. Let’s not forget that worldwide solar demand is expected to jump 29% this year and an additional 18% in 2015.

All in all, that’s a huge win for the solar stocks that build panels, as well as the firms that build out these installations. And that’s why long-term investors should consider adding solar stocks — such as these four — to their portfolios:

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Article printed from InvestorPlace Media, http://investorplace.com/2014/08/solar-stocks-to-buy-fslr-sune-spwr-tsl/.

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