Solar Stocks Had Their Best Rally Against Oil in 4 Years: Is the Clean Energy Trade Back?
Solar ETF TAN beat oil explorers fund XOP by nearly 13% Wednesday, its best day since 2022, as Democrats won Congress and crude sank on Iran bets.
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Citigroup has maintained its 'Buy' rating on First Solar, Inc. while lowering its price target from $297 to $283.
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Solar ETF TAN beat oil explorers fund XOP by nearly 13% Wednesday, its best day since 2022, as Democrats won Congress and crude sank on Iran bets.
Investment firm William Blair has upgraded First Solar, Inc. from Market Perform to Outperform.
First Solar jumped 9% after Democrats swept Congress, while Trump’s tariffs are already helping its competitive position.
Analyst Philip Shen of Roth Capital Partners maintained a 'Buy' rating and $300 price target on First Solar, despite lowering revenue and earnings forecasts.
The article compares two energy ETFs with different strategies: Alerian MLP ETF focuses on traditional energy infrastructure with a concentrated portfolio and high 7.6% yield, while iShares Global Clean Energy ETF offers broader diversification across 100+ renewable energy companies with lower costs. The author recommends Alerian as the better long-term investment due to energy security concerns, reliable infrastructure, and strong distributions, though clean energy remains a growth opportunity despite profitability challenges.