Skip to content

It Looks Like A Double Could Be On The Horizon For Canadian Solar Stock

Solar stocks started surging on July 28 after Senator Joe Manchin put his support behind a U.S. climate bill after previously rejecting it.

The news helped power up the stocks of solar companies, with the Invesco Solar ETF (NYSEARCA:TAN) jumping by more than six percent.

If the climate bill gets passed, it should trigger bullish tailwinds for the solar industry, including mid-cap Canadian Solar Inc. (NASDAQ:CSIQ). The company has an extensive business footprint and is rapidly growing.

More About CSIQ Stock

The post It Looks Like a Double Could Be on the Horizon for Canadian Solar Stock appeared first on Profit Confidential.