The Top Solar Stocks to Watch as of March 30th

Investors keen on renewable energy have several solar stocks to keep an eye on. Currently, the top companies in this sector include Tesla, Berkshire Hathaway, Constellation Energy, Vistra, GE Vernova, American Electric Power, and NextEra Energy. These firms are prominent in the production, development, and deployment of solar energy technologies, such as manufacturing solar panels and inverters and providing the necessary infrastructure for solar power generation. Recently, these companies have seen the highest trading volumes among solar stocks.

Tesla (TSLA)

Tesla, Inc. is known for designing and manufacturing electric vehicles, along with energy generation and storage systems. The company operates in two primary segments: Automotive and Energy Generation and Storage. Tesla's Automotive segment includes electric vehicle sales, regulatory credits, and after-sales services.

As of mid-day trading on a recent Friday, shares of Tesla (NASDAQ: TSLA) experienced a decrease of $9.58, reaching $263.55. The trading volume was notably high at 123,100,723 shares, surpassing its average volume of 93,218,015 shares. Tesla's 52-week low is $138.80, while its high reaches $488.54. The company boasts a market cap of $847.71 billion and notable financial metrics including a PE ratio of 129.19.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. engages in diverse operations across insurance, freight rail transportation, and utilities worldwide. The company not only provides a range of insurance products but also generates and distributes electricity from a variety of sources, including solar energy.

Recent trading saw Berkshire Hathaway (NYSE: BRK.B) shares fall $8.48 to hit $526.04. Trading volume reached 5,316,242 shares compared to an average of 3,868,216. With a market cap of $1.13 trillion, Berkshire maintains a price-to-earnings ratio of 10.63 and has seen its stock range from a low of $395.66 to a high of $537.63 within the last year.

Constellation Energy (CEG)

Constellation Energy Corp. focuses on generating and selling electricity across the U.S., supported by around 33,094 megawatts of generating capacity derived from various sources, including solar and wind energy.

Recently, Constellation Energy (NASDAQ: CEG) shares dropped $3.81, reaching $205.39. It witnessed a trading volume of 5,570,222 shares against an average of 3,579,957 shares. The company's market cap stands at $64.35 billion, with a P/E ratio of 17.27 and high trading within a one-year range of $155.60 to $352.00.

Vistra (VST)

Vistra Corp. is an integrated retail electricity and power generation company operating across various segments in the U.S.

On a recent trading day, shares of Vistra (NASDAQ: VST) decreased by $0.26, landing at $119.05 with a trading volume of 7,019,711 shares. The company holds a market cap of $40.49 billion and has seen stock prices range from a one-year low of $64.26 to a high of $199.84.

GE Vernova (GEV)

GE Vernova LLC is an energy company generating electricity through several sources, maintaining operations in power generation, wind, and electrification.

Shares of GE Vernova (NYSE: GEV) saw a reduction of $0.29 to $302.71 during trading. Its market capitalization reaches $83.52 billion, with performance metrics reflecting a price-to-earnings ratio of 54.44 and historical trading between $119.00 and $447.50 over the past year.

American Electric Power (AEP)

American Electric Power Company, Inc. is focused on the generation, transmission, and distribution of electricity across the U.S.

During recent trading, shares of AEP (NYSE: AEP) increased by $1.81, totaling $106.96. The stock currently has a market cap of $57.08 billion, P/E ratio of 19.10, and has traded at $79.16 to $109.52 over the last year.

NextEra Energy (NEE)

NextEra Energy, Inc. is a leader in clean energy solutions, generating electricity through solar, wind, and nuclear energy to serve retail and wholesale customers.

The company recently saw its shares increase by $0.41, reaching $70.44, with a market cap of $144.90 billion. NextEra has a historical trading range of $61.31 to $86.10 and holds a P/E ratio of 20.90.

Tesla, Berkshire, Constellation, Vistra, GE, American, NextEra