Did you know about this contrarian trade? No? Let’s talk about solar then.
The sector’s been an absolute dog, falling 35% in 2024:
There are economic and political reasons for the abysmal performance.
For one, the Biden administration removed tariffs on panels coming out of Southeast Asia…
And then China pulled the end around by shipping all their panels to Vietnam, which absolutely flooded the U.S. market.
Now we have the Trump regime coming in, which is bullish as hell for traditional energy plays and even nuclear…
But the emerging narrative around solar is that it's as good as dead.
It’s true that some solar startups relied too heavily on government subsidies.
And institutions have been a net seller of solar stocks.
But I believe we’re nearing the bottom – and one key signal is lighting up BIG time in this beaten down sector…
Corporate insiders – CEOs, CFOs, directors, board members – know more about the health and future prospects of their companies than anyone else...
And they’ve been buying up solar stocks like crazy.
Take a look…
A director at Sunrun Inc (RUN) scooped up 10,000 shares back in March:
Two high-level executives – the president and the CEO – went in for more than 20,000 shares at Array Technologies (ARRY):
Multiple officers including the CEO of FTC Solar (FTCI) have been loading the boat all year long:
And here’s SolarEdge Technologies (SEDG), which has seen massive insider buying in 2024:
The CFO purchased more than $157,000 worth of stock back in August…
A director made two purchases totaling more than $595,000 in November…
And another director accumulated more than $3.6 MILLION in stock over three purchases starting back in February and as recently as November.
I’m keeping a close eye on all these names heading into 2025…
As well as a handful of other stocks with triple-digit profit potential that insiders are loading the boat with right now.
If you’d like to learn more about how these insiders reveal opportunities like 470%, 627%, and 1,105%, click here to access a free training video where I show you the SEC rule that makes it all possible – and the details of our top three picks right now.
Original Post Can be Found Here