Whether it’s Goldman Sachs, Morgan Stanley or even Prudential, when it comes to analysis, each big-name brokerage is good at its own thing.
I mean, some mix well with commodities and others are all about financials…
But the point is that Goldman Sachs is excellent with renewable energy and, more specifically, which solar stocks to watch.
In fact, about two weeks ago, it published an article that featured some renewable energy stocks with “unprecedented growth.”
So naturally I checked out the solar stocks Goldman Sachs said to watch, and let’s just say I liked what I saw…
2 Solar Stocks to Watch for the Rest of 2021
If you’ve been keeping up with my daily videos, then you already know I’m a relative strength and momentum type of trader.
It’s just my thing!
So as soon as I read this article, I went straight to the Russell 2000 because the last rally it experienced matched the last rally we had in solar stocks.
Well, it’s starting to come back…
And if the iShares Russell 2000 ETF (NYSEArca: IWM), an ETF that tracks the Russell 2000 Index, hits $234 per share, then these names are in fact the solar stocks to watch for the remainder of 2021.
I also looked at the Invesco Solar ETF (NYSEArca: TAN), and I noticed on Monday that it was trading above its 200-day moving average for the second trading day in a row.
But this could just be a coincidence…
So I looked at the ALPS Clean Energy ETF (NYSEArca: ACES) as well. And guess what… It’s traded above its 200-day MA for nearly five sessions.
In a nutshell, I read through the article and pulled the top two solar stocks I liked the most out of the eight Goldman Sachs recommended to share with my readers.
Check out my short video below and let’s talk about why I’m focused on renewable energy, and what I think are the best solar stocks to watch for the rest of 2021.
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P.S. Believe it or not…
The secret to successfully trading the crypto market is to buy the dip.
You see, crypto isn’t going anywhere anytime soon. In fact, financial advisers are moving to cryptocurrencies for their clients’ investments…
So even the most traditional investors are getting in on the action!
Luckily for us, stock market expert and Forbes contributor Adam Sarhan found one crypto that’s set to reap all the benefits.
And he’s ready to share it with everyone…
