According to Zen Score, the 3 best solar energy stocks to buy right now are:
1. First Solar (NASDAQ:FSLR)
First Solar (NASDAQ:FSLR) is the top solar stock with a Zen Score of 63, which is 32 points higher than the solar industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. First Solar has seen its stock return 9.88% over the past year, overperforming other solar stocks by 52 percentage points.
First Solar has an average 1 year
price target of $239.82, an upside of 25.2% from First Solar's current stock price of $191.55.
First Solar stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering First Solar, 82.35% have issued a Strong Buy rating, 17.65% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Canadian Solar (NASDAQ:CSIQ)
Canadian Solar (NASDAQ:CSIQ) is the second best solar stock with a Zen Score of 60, which is 29 points higher than the solar industry average of 31. It passed 19 out of 33 due diligence checks and has strong fundamentals. Canadian Solar has seen its stock lose -53.58% over the past year, underperforming other solar stocks by -11 percentage points.
Canadian Solar has an average 1 year
price target of $27.01, an upside of 60.89% from Canadian Solar's current stock price of $16.79.
Canadian Solar stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Canadian Solar, 14.29% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 28.57% have issued a Strong Sell.
3. Jinkosolar Holding Co (NYSE:JKS)
Jinkosolar Holding Co (NYSE:JKS) is the third best solar stock with a Zen Score of 59, which is 28 points higher than the solar industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Jinkosolar Holding Co has seen its stock lose -44.79% over the past year, underperforming other solar stocks by -2 percentage points.
Jinkosolar Holding Co has an average 1 year
price target of $24.12, a downside of -7.86% from Jinkosolar Holding Co's current stock price of $26.18.
Jinkosolar Holding Co stock has a consensus Sell recommendation according to Wall Street analysts. Of the 6 analysts covering Jinkosolar Holding Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.