First Solar (FSLR) earnings were recently released. Its 3Q adjusted EPS came in at $2.50 versus an estimated $2.09. Brett Castelli and Lee Bohl discuss the outlook for solar energy stocks including RUN, NOVA, ARRY, and ENPH. Bohl notes that as more states and utilities create and expand community solar programs, access to solar will expand to all types of households and businesses. He also highlights that the solar industry is expected to nearly triple in cumulative deployment by 2028, as the Inflation Reduction Act provides key tax incentives and long-term certainty that will spark demand for solar and storage and accelerate the transition to renewable energy. Tune in to find out more about the stock market today.
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