Array Technologies Inc Stock News

ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 8ᵗʰ, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

If you're in limbo about which companies to invest in, maybe solar stocks should be your next stop.  It's never been a better time for the solar industry.

ALBUQUERQUE, N.M., July 16, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, has published its fourth annual ESG and sustainability disclosures in line with the company's ongoing commitment to customers, investors, and key stakeholders to generate energy with integ...

From transportation to manufacturing consumer products, energy is at the core of our lives. Within the energy market, renewable energy has grown rapidly as the global consciousness of climate change is increasing.

Undervalued solar stocks are quality investments as they are tapping a market expected to grow 7.3% yearly until 2029. In 2023, solar energy generated 5.6% of U.S. power, up from 4.8% a year earlier; California has the most solar power, 27.3%.

Citi analysts upgraded shares of the solar energy company to Buy from Neutral.

Solar stocks have been relatively hard hit due to the ongoing quantitative tightening that is resulted from high inflation. While the sector has suffered as the economy tackles inflation, a silver lining appears to be emerging.

Solar stocks to buy on the dip are witnessing renewed enthusiasm with the recent positive economic developments. May's cooling inflation rates have weighed down U.S. Treasury yields, ramping up speculation around a potential September interest rate cut.