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This Is Our Favorite Solar Stock of 2018

By Money Morning News Team, Money Morning • August 31, 2018

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Solar power has the potential to disrupt the energy industry the same way the invention of the automobile changed transportation forever.

But too many investors have gotten burned by poor or downright fraudulent companies in the burgeoning solar industry.

solar energyWe want to change that because the growth potential in this industry is simply too high to ignore. Today, we're showing you our favorite solar stock of 2018, so you can profit from one of the best solar companies out there.

Estimates are that the market for solar energy alone will soar to $422 billion in 2022 from just $86 billion in 2015. That's a skyrocketing 390% increase in only seven years.

But it gets even better...

The EIA forecasts the solar industry will grow 500% by 2040, doubling in size.

Part of the reason is the rising use of energy across the globe, especially in nations where the population is rapidly growing, like China and India. The EIA projects energy demand increasing by 25% through 2040.

While fossil fuels won't go away entirely, renewable sources will be needed to meet this growing demand. In fact, Bloomberg reports that wind and solar are forecast to provide 64% of new energy coming online globally over the next 25 years.

Don't Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment...

And as solar power production soars to meet this demand, the right solar companies are sitting on a veritable goldmine.

That's why we've done the research to find the one solar stock to buy right now.

Not only does this company have a unique, sustainable business model - it's backed by some of the biggest investors in the world.

It's why Wall Street analysts are projecting the stock to more than double in price over the next year...

The Best Solar Stock to Buy in 2018

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PEDRO ELIZONDO JR
PEDRO ELIZONDO JR
4 years ago

Superb finiancial information….

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Moises Garcia
Moises Garcia
4 years ago

I WOULD LIKE TO WORK WITH IT

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C.W. Everton
C.W. Everton
4 years ago

I am getting mixed messages from your contributors. Some are saying stay the course, others run for the hills….the crash is going to wipe us out and take every penny I have saved. Who am I to believe?
I am on the verge of selling of my Stocks and stuff the money in coffee can and bury it in the woods. Could you possible explain all the mixed messages?

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Janelle Shepherd
Janelle Shepherd
4 years ago
Reply to  C.W. Everton

Hi C.W.,

Thank you for reading Money Morning and for your comment!

Our investing gurus each have extensive market or stock/options trading experience, and they all write based on their personal experience, investing strategies, and risk profiles. We here at Money Morning publish as much of their advice as we can, even if one guru's opinion contradicts another's, because we know that our readers do not usually subscribe to a single investing strategy or market outlook.

Although the gurus' messages can be contradictory at times, they all present strategies to help readers preserve existing wealth and make money in any market condition – up, down, or sideways. We know that some of our readers prefer bullish strategies and some prefer bearish strategies – so, we encourage you to choose whose advice to follow based on your investing needs and strategies, and your personal risk profile. We also encourage you to consult with your broker or financial planner before making any move that you are unsure of.

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