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Although ongoing supply chain bottlenecks could affect the industry’s production in the near term, rising government support should help the industry keep growing. Investors’ interest in solar stocks is evident in the Invesco Solar Portfolio ETF’s (TAN) 14.3% returns over the past six months.
Given this backdrop, Wall Street analysts recommend buying Sunnova Energy International Inc . (NYSE:NOVA) and FTC Solar, Inc. (FTCI). However, they recommend that SunPower Corporation (SPWR) be avoided.