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Yahoo
11-08-2025
- Business
- Yahoo
Solar Stocks Outshine Oil and Gas Benchmarks After Climate Credit Cuts
Last month, U.S. President Donald Trump signed into law 'One Big Beautiful Bill Act', rolling back many clean energy credits enacted by former President Joe Biden under the Inflation Reduction Act (IRA) of 2022. As widely expected, OBBBA is far from beautiful for various industries within the solar and wind energy sectors. However, the solar sector has continued to defy bearish expectations one month after OBBBA was passed, thanks in large part to robust U.S. and global solar demand as well as specific provisions within the OBBBA that favor solar manufacturing in the United States. The solar sector's favorite benchmark, Invesco Solar ETF (NYSEARCA:TAN), has outperformed its oil and gas peers, returning 10.9% in the year-to-date compared by -0.7% return by the oil and gas benchmark, the Energy Select Sector SPDR Fund (NYSEARCA:XLE), and 8.6% gain by the S&P 500. OBBBA favors solar manufacturing through provisions that incentivize domestic production and streamline the tax credit process, while also setting deadlines for construction and placement in service of solar projects. Specifically, it maintains and clarifies the tax credits for solar projects under Sections 48E and 45Y, while also phasing them out for wind and solar projects placed in service after December 31, 2027, unless construction began within 12 months of the Act's enactment. First Solar (NASDAQ:FSLR) is one of the companies heavily favored by OBBBA. UBS recently reiterated its Buy rating and hiked its price target on FSLR to $275 from $255, good for nearly 50% upside, saying the company will receive a significant boost to the bottomline from OBBBA credits. According to UBS, the present value of 45X tax credits for the company is worth $75 per share, while the company is expected to grow net cash to $25 per share by the second quarter of 2026. UBS says its PT is conservative, pointing out that it did not factor in extra earnings when First Solar's finishing factory comes online. First Solar's 3.5 GW per year manufacturing facility in Louisiana is expected to be commissioned in the second half of 2025. This facility is part of First Solar's broader strategy to scale its American manufacturing footprint to over 10 gigawatts (GW) by 2025, according to Made in Alabama. The Louisiana factory, along with a new facility in Alabama, are key components of this expansion. FSLR shares have been on a tear over the past week after the company posted Q2 earnings that exceeded Wall Street estimates, driven by surging solar module sales to third parties. According to First Solar's CEO Mark Widmar, the company is more favored by OBBBA than it was by Biden's IRA credits. Israel-based SolarEdge (NASDAQ:SEDG) beat top- and bottom-line estimates on Thursday, with revenue of $289.4M (+9.0% Y/Y) beating by $14.91M while non-GAAP EPS of -$0.81 beat by $0.03. The company shipped 247 MWh of batteries for solar applications and 1,194 MW of inverters during the quarter. SolarEdge issued upbeat guidance, saying it expects revenues in the range of $315 million to $355 million, well above the Wall Street consensus at $304.33M; Non-GAAP gross margin of 15% to 19%, including ~2% in tariff impact while Non-GAAP operating expenses are expected to come in at $85 million to $90 million. Regarding regulatory changes under OBBBA, SolarEdge CEO Shuki Nir said the company's multi-year strategy of onshoring manufacturing to the U.S. will help it preserve 45X advanced manufacturing credits over the next 7 years. Meanwhile, some residential solar companies are also defying bearish projections. California-based residential solar company Sunrun (NASDAQ:RUN) surged nearly 30% on Thursday after posting strong second quarter earnings driven by robust cost efficiencies as well as a record 70% storage attachment rate. Sunrun installed a record 392 MWh of storage capacity during the quarter, good for a 48% Y/Y increase while solar capacity installations clocked in at 227 MW, up 18% Y/Y. Meanwhile, subscriber additions grew 15%, bringing the company's total subscribers to 941,701 as of June 30. For the full year, Sunrun has projected aggregate subscriber value growth of 14% to $5.7B-$6 and upped its guidance for contracted net value creation to $1B-$1.3B from $650M-$850M. "Our actions to drive cost efficiencies and value optimization resulted in the strongest Upfront Net Subscriber Value the company has ever reported, expanding our margins by seventeen percentage points compared to the prior year," CFO Danny Abajian said. Susquehanna maintained its Positive rating on RUN and raised its price target to $13 from $12, noting that the company is well positioned to capitalize on the ongoing shift towards third-party ownership offerings, a market where it commands a 33% share. The Wall Street analysts expect Sunrun to grow installation volumes despite the looming phase out of residential clean energy tax credits. Residential solar companies are expected to be negatively impacted by the One Big Beautiful Bill Act (OBBBA). Specifically, the elimination of the Section 25D tax credit for residential solar systems after 2025 will significantly reduce the affordability of solar for homeowners, potentially leading to a slowdown in near-term growth. By Alex Kimani for More Top Reads From this article on
Yahoo
08-07-2025
- Business
- Yahoo
U.S.-Colombia Diplomatic Clash Rattles Energy and Mining Stocks
The bilateral relationship between the U.S. and Colombia has continued to worsen, with both countries recalling their top diplomats last week amid an alleged plot against Colombia's President Gustavo Petro. Washington acted first, recalling charge d'affaires John McNamara on Thursday, with State Department spokesperson Tammy Bruce saying the move was taken 'following baseless and reprehensible statements from the highest levels of the government of Colombia.' Hours later, President Petro announced he was calling home ambassador Daniel Garcia-Pena over the deteriorating relationship between the two countries. Previously, Petro claimed that the U.S. extreme right collaborated with drug traffickers in a coup plot against him, before later downplaying the direct involvement of the U.S. government. Washington responded by threatening to decertify Colombia, blaming Petro's left-wing administration for Colombia's record-high coca cultivation and cocaine production. Colombia's energy and mining sectors are susceptible to direct sanctions or operational disruptions, with a decertification likely to trigger a huge selloff. Colombia is the United States' third-largest Latin American trade partner after Mexico and Brazil, with bilateral trade between the two nations approaching $35 billion. Interestingly, Colombian and Latin American equities have been some of the best-performing in the current year, with the Global X MSCI Colombia ETF (NYSEARCA:COLO) returning 27.9% in the year-to-date while iShares Latin America 40 ETF (NYSEARCA:ILF) has gained 25.1%, both outperforming the S&P 500 which has returned 5.7% YTD. Colombia's state-owned oil and gas giant, Ecopetrol S.A. (NYSE:EC), is among the companies facing the highest risk amid the ongoing diplomatic tussle. Back in May, Ecopetrol reported a 22% drop in first quarter net profit, citing geopolitical tensions, Trump's tariff threats and a slowing economy in China. The company said it would cut its FY 2025 spending by ~$500M to $5.9B-$6.8B amid a difficult macro environment. The company relies heavily on U.S. technology and export markets, and a decertification/sanctions might restrict its ability to sell to American relations between the two countries could induce capital flight by foreign investors, forcing the company to turn to more expensive alternatives. Further, Ecopetrol has partnered with multiple U.S. energy companies, putting these deals at risk. Notably, the company has formed a joint venture with Occidental Petroleum (NYSE:OXY) in the Permian Basin as it tries to gain exposure to the shale sector. Ecopetrol also holds participation interests in various projects operated by U.S. companies including Anadarko, Repsol (OTCQX:REPPY) and Shell (NYSE:SHEL), Stone Energy, Noble Energy (NYSE:NE) and Murphy Oil (NYSE:MUR). EC stock has returned 12.2% in the year-to-date However, Colombia could lower its future dependence on U.S. energy markets. Whereas U.S. sanctions against Venezuela have provided a boost to its oil exports, the Petro administration's aggressive push for renewable energy could lower its reliance on traditional energy partnerships. Indeed, Ecopetrol has gone on a clean energy buying spree, buying 10 solar and wind energy projects from Norway's Statkraft in May and the Windpeshi wind power project from Enel (OTCPK:ENLAY) in July. Colombia's coal sector could face similar headwinds. In 2022, Colombia was the largest source of U.S. coal imports, accounting for 64% of the total, or approximately 4.04 million short tons. The U.S. imports steam coal for electricity generation, and metallurgical coal for steel production. In 2022, steam coal accounted for three-quarters of total U.S. coal imports. However, environmental pressures coupled with cheaper U.S. natural gas have been weakening demand for Colombia's coal with the Biden administration's climate policies prioritizing a reduction in fossil fuel imports. A protracted diplomatic rift between the two countries as well as Petro's pro-renewables stance is likely to further accelerate the shift. Colombia's mining sector is likely to start feeling the heat, too. Publicly-traded companies like Mineros de Colombia (TSX:MSA:CA) and Colmetal rely on U.S. demand for minerals like coal, nickel and gold. Mineros shares have been flying, gaining 70.8% YTD as the company continues to expand gold production aggressively. Gold prices have jumped nearly 40% over the past year to $3,310 per ounce on Monday, close to an all-time high. Gold prices are rallying due to a combination of factors, including increased geopolitical tensions, economic uncertainty, and expectations of lower interest rates. These factors are driving investors towards safe-haven assets like gold, pushing prices higher. By Alex Kimani for More Top Reads From this article on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
STV News
16-06-2025
- Business
- STV News
Police treating death of man discovered on road as murder
Christensen King & Associates Investment Services Inc. lifted its holdings in shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC – Free Report) by 2.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,192 shares of the company's stock after acquiring an additional 1,108 shares during the quarter. Schwab International Small-Cap Equity ETF accounts for about 0.8% of Christensen King & Associates Investment Services Inc.'s holdings, making the stock its 26th largest position. Christensen King & Associates Investment Services Inc.'s holdings in Schwab International Small-Cap Equity ETF were worth $1,672,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently modified their holdings of SCHC. White & Co Financial Planning Inc purchased a new stake in shares of Schwab International Small-Cap Equity ETF during the fourth quarter valued at approximately $9,678,000. J.W. Cole Advisors Inc. increased its position in shares of Schwab International Small-Cap Equity ETF by 39.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 15,245 shares of the company's stock valued at $523,000 after acquiring an additional 4,344 shares during the last quarter. Capital Performance Advisors LLP increased its position in shares of Schwab International Small-Cap Equity ETF by 11.0% during the fourth quarter. Capital Performance Advisors LLP now owns 9,811 shares of the company's stock valued at $337,000 after acquiring an additional 971 shares during the last quarter. Nicholas Hoffman & Company LLC. increased its position in shares of Schwab International Small-Cap Equity ETF by 9.7% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 262,856 shares of the company's stock valued at $9,024,000 after acquiring an additional 23,201 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of Schwab International Small-Cap Equity ETF by 29.4% during the fourth quarter. Truist Financial Corp now owns 16,357 shares of the company's stock valued at $562,000 after acquiring an additional 3,716 shares during the last quarter. Shares of SCHC opened at $41.12 on Monday. The stock has a 50 day moving average of $38.47 and a 200 day moving average of $36.54. Schwab International Small-Cap Equity ETF has a 12 month low of $30.84 and a 12 month high of $41.68. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 15.18 and a beta of 0.95. Schwab International Small-Cap Equity ETF Company Profile (Free Report) Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund's index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. Featured Articles companies with FREE daily email newsletter.
Hindustan Times
11-06-2025
- Business
- Hindustan Times
বুমরাহ পাশে খেললে তো ওর সঙ্গে তুলনা হয় না! কিন্তু আমার মতে আমিই সেরা! বললেন আর্শদীপ
Simplicity Wealth LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF ( NYSEARCA:IJH – Free Report ) by 21.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,269 shares of the company's stock after buying an additional 4,439 shares during the quarter. Simplicity Wealth LLC's holdings in iShares Core S&P Mid-Cap ETF were worth $1,474,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of IJH. Brighton Jones LLC grew its holdings in iShares Core S&P Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 77,674 shares of the company's stock worth $4,840,000 after purchasing an additional 3,155 shares during the period. Empowered Funds LLC bought a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $115,000. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Core S&P Mid-Cap ETF in the fourth quarter valued at $26,000. Ocean Park Asset Management LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 124.7% in the fourth quarter. Ocean Park Asset Management LLC now owns 22,474 shares of the company's stock valued at $1,400,000 after buying an additional 12,470 shares in the last quarter. Finally, International Private Wealth Advisors LLC lifted its stake in shares of iShares Core S&P Mid-Cap ETF by 141.4% in the fourth quarter. International Private Wealth Advisors LLC now owns 23,496 shares of the company's stock valued at $1,464,000 after buying an additional 13,762 shares in the last quarter. iShares Core S&P Mid-Cap ETF stock opened at $61.45 on Wednesday. iShares Core S&P Mid-Cap ETF has a 1-year low of $50.15 and a 1-year high of $68.33. The firm has a market capitalization of $94.02 billion, a price-to-earnings ratio of 18.61 and a beta of 1.07. The firm's fifty day moving average price is $57.87 and its two-hundred day moving average price is $61.14. About iShares Core S&P Mid-Cap ETF ( Free Report ) Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor's MidCap 400 (the Underlying Index). Featured Stories Want to see what other hedge funds are holding IJH? Visit to get the latest 13F filings and insider trades for iShares Core S&P Mid-Cap ETF ( NYSEARCA:IJH – Free Report ). companies with FREE daily email newsletter .
Globe and Mail
03-05-2025
- Business
- Globe and Mail
The 5 Top Buys for May: Strong Signals at Critical Support Levels
The five top buys for May have two things in common: leadership positions in technology and strong signals at critical support levels. These stocks corrected in late Q1 and early Q2 but have regained traction at critical levels and are firing solid entry signals for investors. These signals include increased volume, stochastic crossovers, MACD swings, and bullish activity aligning with long-term trends. The takeaway is that Magnificent Seven stocks like NVIDIA (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), and Microsoft (NASDAQ: MSFT), which have been leading the market for years, are in position for robust rebounds, and other significant AI-centric companies, including Oracle (NYSE: ORCL) and Palantir (NASDAQ: PLTR), are following suit. The catalyst for the bigger move will likely come with the Q1 earnings reports due in May. NVIDIA: Outlook Is Reset, Market Can Regain Traction [content-module:CompanyOverview|NASDAQ:NVDA] Like the rest of the S&P 500 (NYSEARCA: SPY), NVIDIA's stock price reset is due to several factors affecting the earnings outlook. However, the correction appears to be over, with the worst tariff fears behind us and an improving outlook for onshoring Blackwell and subsequent Rubin production. The loss of China as a customer is a concern, but it is offset by Western demand, which is sufficient to make up the difference. The analysts have mixed views on Q1. About half have lowered revenue and earnings estimates since the Q1 report, while the other half have increased them, resulting in a consensus forecast for 62% year-over-year growth and a strong margin. Analyst sentiment trends are bullish despite the recent price target reduction. Analyst coverage is increasing, sentiment is firming with a bullish bias to the Moderate Buy rating, and the consensus target forecasts a 50% upside from late April trading levels. Amazon Has Low Bar to Hurdle and Dual Tailwinds to Drive It [content-module:CompanyOverview|NASDAQ:AMZN] Amazon has dual tailwinds arising from its leadership position in the cloud and consumer strength. Consumers have shifted their habits, but spending remains strong, and Amazon is well-positioned to benefit from this. At the same time, its AWS data center business and AI applications are in demand, aiding its clients and core, consumer-oriented business. This means that outperformance is likely in Q1. The beat could be substantial due to the low bar set by analysts and about three-quarters of the 28 tracked by MarketBeat lowered their forecast for the quarter, expecting growth to slow into the high single-digit range compared to the previous quarter and year. They rate the stock as a Moderate Buy and see it advancing by 30% at the consensus. Microsoft Is Gaining Ground in the Cloud [content-module:CompanyOverview|NASDAQ:MSFT] Microsoft's business model is exceptionally diversified, spanning enterprise software, cloud computing, AI services, cybersecurity, gaming, and professional networking through LinkedIn. Its customer base includes companies across virtually every industry vertical, from healthcare and finance to manufacturing and education, providing a robust and resilient revenue foundation. The strategic integration of artificial intelligence and cloud solutions, particularly through Azure and partnerships like OpenAI, has significantly reinforced Microsoft's leadership position in cloud infrastructure and next-generation AI-enabled enterprise services. Analysts anticipate solid revenue growth for Microsoft's fiscal Q3/calendar Q1 earnings report. However, in line with broader industry trends observed in peers such as Amazon, growth rates are expected to moderate into the high single-digit percentage range as macroeconomic headwinds and a maturing cloud market exert some pressure. Key catalysts for the stock include the potential for earnings outperformance relative to conservative expectations, continued strength in Azure and AI-related services, and the prospect of management issuing strong forward guidance, particularly if AI monetization initiatives begin translating more visibly into top-line results. Oracle: On Track for a Trillion-Dollar Valuation? [content-module:CompanyOverview|NYSE:ORCL] Oracle is still small compared to the Magnificent Seven but is on track to achieve a trillion-dollar valuation within a few years. The company's transition to the cloud and leaning into AI and AI services has set it up as a budding hyperscaler fundamental to AI infrastructure. Its database services are ubiquitous across the cloud and facilitate AI training globally. The stock is set up to rally strongly after the Q4 release because 100% of analysts lowered their forecasts despite the strengths shown in Q3. While reported results were mixed, the internals, including RPO and backlog, are accelerating robustly and suggest the same for revenue and earnings as backlog demand is met. Palantir: Companies and Governments Need It [content-module:CompanyOverview|NASDAQ:PLTR] Palantir's business is accelerating due to several factors, including data-driven insights, threat detection, and its impact on efficiency. Recent developments include a partnership with Google. This partnership makes Palantir a gateway that provides many businesses with access to government contracts. Valuation is a concern for PLTR investors in 2025, but it is offset by the robust growth outlook and the high likelihood that forecasts are too low. Other catalysts in 2025 include expectations for increased government defense spending and expanding partnerships with private businesses. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
