Shoals Technologies vs. Solar Stocks

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Shoals Technologies Group, Inc. (SHLS): Among the Best Solar Energy Stocks to Buy According to Hedge Funds

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Shoals Technologies Group, Inc. (NASDAQ:SHLS) is one of the 11 Best Solar Energy Stocks to Buy According to Hedge Funds.

The overall energy industry has fallen by almost 8% since the beginning of the year .

The clean energy sector has largely remained flat, posting YTD gains of 0.6% at the time of writing this piece.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) was held by 31 hedge funds in the IM database at the end of Q4 2024 .

The company generated $80.39 million in operating cash flow in 2024 and still has $125 million currently remaining under its share repurchase authorization.

Overall, SHLS ranks 7th on our list of the best solar energy stocks to buy according to hedge funds.

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