Solar Stocks Dip. Here’s How to Trade Them Now

Solar stocks have been some of the best stocks to own this summer, with names like First Solar (FSLR) and Enphase Energy (ENPH) leading the highest charge.

These stocks rallied more than 140% from their May low to their recent high and helped fuel the Invesco Solar ETF. (SO) higher. These two stocks are the ETF’s largest holdings, with a combined weighting of more than 22%.

While the overall market is under pressure on Wednesday, solar stocks are getting hit hard.

Enphase Energy is down about 13% on the day, while First Solar shares are down about 6%.

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