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Solar Stocks Surge on Breakout Signals Amid Rising Tariff Tensions
Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure.
Summary
Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure. UBS analyst Catherine Gordon is attributing the surge in solar stocks to falling yields and renewed policy momentum. A potential Section 232 tariff announcement in mid-to-late June is adding fuel to the rally, with First Solar leading the charge. The UBS Solar basket (UBXXSOL) is now up 40% year-to-date.
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