The Solar Market Is Heating Up. It’s Great for This Stock.

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The solar business is heating up, and expectations don’t appear to have gone too far.

The latest evidence comes from Shoals Technologie Group (ticker: SHLS), a supplier of electrical systems for solar and EV charging systems. It reported better-than-expected fourth-quarter numbers, and although the outlook for 2023 fell a little short, the stock was rising in after-hours trading.