NatalieLopez

 21 Dec 23

tl;dr

The article explores the continued trend of protectionist trade policies in the U.S., which are now branded differently under different administrations. These policies aim to counter national security concerns, the loss of manufacturing jobs, and risks from the supply chain, with subsidies, tariffs,...

The article explores the continued trend of protectionist trade policies in the U.S., which are now branded differently under different administrations. These policies aim to counter national security concerns, the loss of manufacturing jobs, and risks from the supply chain, with subsidies, tariffs, and quotas in place and economic sanctions increasingly used to stabilize markets. Additionally, foreign adversaries have utilized this structure to weaponize the system. Recent mega-spending bills and export controls exemplify this trend, with sanctions on Russian energy and proposed tariffs on Chinese goods further shaping the new trade outlook.

The shift from liberalized and free-market policies towards protectionist measures presents various risks, such as dependency on resources not yet reshored and an increase in inflationary forces. It has also strained relations with traditional American allies. The article further discusses related EV stocks and solar players in the context of these trade practice changes.

More about Tesla Inc

Tesla, Inc. is an American electric vehicle and clean energy company that had the highest sales in the plug-in and battery electric passenger car segments in 2020, capturing 16% of the plug-in market and 23% of the battery-electric market. The company also develops and installs solar photovoltaic energy generation systems, making it one of the largest global suppliers of battery energy storage systems. In terms of financial metrics, the company had a market capitalization of 785.6 billion, a stock price of 79.98, a P/E ratio of 3.09, a beta of 30.28, and a dividend yield of 0.112. Despite these impressive numbers, it's important to note that there are potential risks and uncertainties associated with the stock, and past market behavior is not always a reliable indicator of future performance.

More about Ford Motor Company

Ford Motor Company is a major player in the manufacturing of motor vehicles and passenger car bodies, with a market value of $48,115,458,000. The stock is currently trading at $7.86, with a 0.6% increase over the last period. The Relative Strength Index (RSI) is at 43.55, indicating a neutral sentiment in the market. The company's market capitalization stands at $174,227,997,000, with a price-to-earnings (P/E) ratio of 11.78 and a dividend yield of 1.938%. Overall, the stock is showing some positive momentum, but with a relatively low RSI, it may face resistance at current levels.

More about General Motors Company

General Motors Company (GM) is a multinational corporation in the motor vehicles and passenger car bodies industry with a market cap of $49.12 billion. The stock is currently trading at $42.97 with a 0.022 decrease. The company's P/E ratio is 5.04 and the EPS is 7.12, indicating a positive earning outlook. The market sentiment is slightly bearish, with a RSI of 42.97, suggesting a potential downturn in stock price. However, the company's revenue of $171.97 billion and a positive profit margin of 5.83% show strong financial performance. It is important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with this analysis.

More about Stellantis NV

Stellantis NV is a global company dedicated to the design, engineering, manufacture, distribution, and sale of passenger cars, trucks, SUVs, and light commercial vehicles. With a market cap of 189.96 billion and a P/E ratio of 24.84, the company's financial metrics indicate a strong position in the market. The stock performance has shown a positive trend with a 6.87% increase, and the market sentiment appears bullish with a Relative Strength Index (RSI) of 60.48. However, the company faces potential risks and uncertainties, and past market behavior may not be a reliable indicator of future performance.

More about Nio Inc Class A ADR

Nio Inc Class A ADR, NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in mainland China, Hong Kong, the United States, the United Kingdom, and Germany. The company is headquartered in Shanghai, China. The company's market cap is $140.87 billion, with a stock price of $32.67 and a market sentiment index of -0.392. The stock has a trading volume of 54,578,270,000 and a price-to-earnings ratio of 15.21. The company operates in the manufacturing sector, specifically in motor vehicles and passenger car bodies. The stock performance shows a decrease of -1.78%. The market sentiment is neutral with a sentiment index of 0.466. The stock is currently at a support level, but with potential risks associated with the recent decrease in stock price and market sentiment.

More about Xpeng Inc

Xpeng Inc. is a manufacturing company that designs, develops, manufactures, and markets smart electric vehicles in China. The company's stock performance has shown a decrease of -1.61% in the recent period, with a current stock price of 26.41. Market sentiment appears slightly bearish, with a decrease of -0.5% in the company's market capitalization, which currently stands at 22,765,986,000. The industry sector, Manufacturing of Motor Vehicles & Passenger Car Bodies, has shown a decrease of -0.385 in performance, with a current industry performance index of 0.25.

More about Li Auto Inc

Li Auto Inc. is a company that designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. With a market cap of $33,849,643,000 and a stock price of $146.85, the company has shown a slight increase of 0.23%. Li Auto Inc. has a 52-week high of $101.73 and a 52-week low of $54.32, indicating some volatility in the stock. The company's market sentiment is slightly bullish with a positive RSI of 0.0632, but there is a potential downside indicated by the negative change in stock price of -0.17. The company's financials show a potential for growth with a P/E ratio of 2.712. However, it's important to note that past performance is not always indicative of future results, and there may be uncertainties and risks associated with investing in Li Auto Inc.

More about First Solar Inc

First Solar, Inc. is a manufacturer of solar photovoltaic (PV) solutions with a market cap of $17.92 billion. The stock is currently trading at $228.24 per share with a 52-week range of $37.94 to $228.24. The company has seen a positive year-to-date performance with a gain of 4.42%. Based on the Relative Strength Index (RSI) of 29.62, the stock is currently oversold, indicating a potential buying opportunity. However, the stock is trading above its 50-day moving average of $208.10, suggesting a bullish trend. The market sentiment towards First Solar, Inc. appears to be positive, but the potential risk of a reversal should be considered due to the oversold conditions and the stock's proximity to its 52-week high.

More about SunPower Corporation

SunPower Corporation is a global provider of solar solutions in the manufacturing and semiconductors industry. The company's stock performance has seen a decrease of 0.56% with a current price of 10.46. Market sentiment, as indicated by the Relative Strength Index (RSI) of -0.0523 and Bollinger Bands value of 4.73, suggests a bearish trend. The stock has shown resistance at 10.46 and support at 4.73. However, the potential risks associated with this analysis should be noted, as past market behavior is not always a reliable indicator of future performance.

More about Enphase Energy Inc

Enphase Energy Inc is a manufacturing company in the semiconductors and related devices industry with a market capitalization of $17.48 billion. The stock is currently priced at $32.08 with a 52-week low of $19.89 and a 52-week high of $120.94. The stock has shown a 0% change in the last trading session and has a beta of 0.211. The company's market sentiment is currently bearish with a negative price change of 0.007 and a negative earnings surprise of -0.132. It is important to note that past market behavior is not always a reliable indicator of future performance.

More about Sunrun Inc

Sunrun Inc. is a company dedicated to the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. With a market capitalization of $4.06 billion, the company has reported a net income of $0, and an EPS of -5.52. The stock has seen a 10.92% decrease in the past year and currently trades at $20.21. The RSI indicator of 7.73 suggests an oversold condition, and the Bollinger Bands indicate a potential breakout. However, the stock has faced resistance at this level in the past, and market sentiment remains cautious with a bearish trend. It is important to consider the potential risks and uncertainties associated with investing in Sunrun Inc., as past market behavior is not always a reliable indicator of future performance.

More about SolarEdge Technologies Inc

SolarEdge Technologies Inc. is a manufacturer of optimized direct current (DC) inverter systems for solar photovoltaic (PV) installations worldwide. The company has a market capitalization of $5.6 billion and a stock price of $26.62. The company's stock has shown a 3.7% increase over the past month, with a current price-to-earnings ratio of 63.05. SolarEdge Technologies Inc. has a market sentiment score of 0.0613, indicating a slightly positive sentiment among investors. The company's total revenue stands at $3.55 billion, with a price-to-sales ratio of 98.83. The stock has shown a 6.6% decrease in performance over the past quarter, indicating a bearish trend. It's important to note that past performance is not always indicative of future results, and there may be uncertainties and risks associated with investing in SolarEdge Technologies Inc.

More about Canadian Solar Inc

Canadian Solar Inc. is a company in the manufacturing and semiconductors & related devices industry. The stock closed at $4.856, with a 0% change, and a 52-week range of $4.99. The market capitalization is $1.213 billion, with a volume of 7,883,185,000. The stock has a price-to-earnings ratio of 33.58, and a dividend yield of -0.714%. The company's performance has been relatively stable, with a slight decrease of 0.045%. Market sentiment appears to be neutral, with potential risks or uncertainties associated with the stock's performance due to the volatile nature of the industry.

More about JinkoSolar Holding Company Limited

JinkoSolar Holding Company Limited is a manufacturing company focused on semiconductors and related devices, with a market capitalization of 1.74 billion and a stock price of 3.325. The stock has shown a 52-week range of 10.95 to 10.19, with a current price-to-earnings ratio of 2277.03. The company also has a market sentiment of 0.0353, with a total market value of 115.85 billion. While the stock price seems to be relatively low, the market sentiment suggests a bullish trend. However, it is important to note that past performance does not guarantee future results, and there may be potential risks or uncertainties associated with investing in this stock.

More about Bloom Energy Corp

Bloom Energy Corp is a manufacturing company that designs, manufactures, and sells solid oxide fuel cell systems for on-site power generation. The company operates in the United States, Japan, China, India, and the Republic of Korea, with its headquarters in San Jose, California. The stock performance has shown a decrease of -1.68% with a current price of 6.43. Market sentiment is slightly bearish with a relative strength index (RSI) of -0.246 and a market cap of 1,439,130,000. Potential risks or uncertainties associated with this analysis include the need for further examination of support and resistance levels, as well as the potential impact of market trends on the company's performance.

More about Nextera Energy Inc

Nextera Energy Inc, a prominent American energy company, has a substantial generating capacity of 46 gigawatts and reported revenues of over $17 billion in 2017. The company employs around 14,000 individuals across the US and Canada and operates through various subsidiaries, including Florida Power & Light (FPL), NextEra Energy Resources, NextEra Energy Partners, Gulf Power Company, and NextEra Energy Services. The stock performance has been relatively stable, with a current price of $16.15 and a market capitalization of $125.58 billion. The company's financial metrics, such as a P/E ratio of 13.63 and a dividend yield of 3.79%, indicate a strong financial position. However, the stock's RSI of 72.74 suggests it may be overbought, and the negative deviation from the moving average (-0.302) raises concerns about a potential downturn. The market sentiment appears cautiously optimistic, but potential risks and uncertainties should be carefully considered, as past performance may not guarantee future results.

More about Sunnova Energy International Inc

Sunnova Energy International Inc. is a company that provides residential solar energy and energy storage services in the United States. With a market capitalization of $1.85 billion, the stock has shown a decrease of 2.15% in the last trading session with a 6.2% change over the past month. The Relative Strength Index (RSI) is at -0.348, indicating a potential oversold condition. Market sentiment seems to be neutral, with a trading volume of 722,063,000 and a stock price of $19.33. However, it's important to note that past performance is not always indicative of future results, and there may be uncertainties and risks associated with the analysis.

More about Brookfield Renewable Partners LP

Brookfield Renewable Partners LP operates in the energy and transportation sector, specifically in electric services. With a portfolio of renewable energy generation facilities in multiple countries, the company has a strong global presence. Despite a decrease in stock performance by 0.5%, the company's market sentiment remains relatively bullish with a positive RSI of 30.99. However, the stock's recent performance shows a potential resistance level at 10.14, indicating a possible risk of a bearish trend. Investors should be mindful of the uncertainties associated with the current market conditions and consider the potential implications of the stock's support and resistance levels.

More about Ormat Technologies Inc

Ormat Technologies Inc is a company engaged in the geothermal and recovered energy business in multiple countries, including the United States, Indonesia, Kenya, Turkey, Chile, and others. With a market cap of approximately $4.44 billion, the stock is currently trading at $40.64, with a 0.48% change. The stock has a beta of 1.81, indicating higher volatility compared to the market. The company's Relative Strength Index (RSI) is at 13.6, suggesting that the stock may be oversold. Ormat Technologies has a total cash of $793.57 million and an operating cash flow of $81.13 million, with a debt to equity ratio of 0.837. The company operates in the electric services sector, and its stock performance indicates a potential bearish trend. However, the international presence of the company may pose potential growth opportunities, but investors should be cautious as past performance is not always indicative of future results.

More about Daqo New Energy Corp ADR

Daqo New Energy Corp ADR is a manufacturing company in the semiconductors and related devices industry. With a market cap of $1,882,975,000 and a P/E ratio of 2.76, the stock has shown strong performance with a 52-week low of 8.83 and a high of 35.11. The stock currently has a Relative Strength Index (RSI) of 39.79, indicating a potential oversold condition. The company's stock has experienced a decrease of -0.835 (-0.602%) in recent trading. Market sentiment may be cautious given the recent decline, but potential support and resistance levels should be monitored for any potential breakouts. It is important to consider the potential risks associated with investing in this stock, as past market behavior is not always a reliable indicator of future performance.

More about ReneSola Ltd

ReneSola Ltd is a company in the manufacturing sector, specifically in the semiconductors and related devices industry. With a market capitalization of $149.5 million, the stock is currently trading at $26.1 with a change of 0.1. The Relative Strength Index (RSI) sits at 1.408, indicating potential overbought conditions, while the Bollinger Bands show a slight negative deviation at -0.0857. The stock has seen a trading volume of 81,351,000 with a 5.8% change in price and a 3.42% change in volume. The overall market sentiment for ReneSola Ltd appears to be bearish, with potential downside risks and uncertainties in the near term.

More about Maxeon Solar Technologies Ltd

Maxeon Solar Technologies Ltd is a company that designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company operates in the manufacturing and semiconductors & related devices sectors with a market cap of 310,875,000. The stock performance has seen a decrease of -3.82% with a current price of 27.57. The market sentiment is slightly bearish with a RSI of -0.136. The trading volume is 1,217,838,000 with a price-to-earnings ratio of 11.35 and a beta of -0.174.

More about PG&E Corp

PG&E Corp, also known as PG&E Corporation, operates as a utility company, providing electricity and natural gas to customers in northern and central California. With a market capitalization of $44.82 billion, the stock is currently trading at $20.49. The stock has shown a 0% change in the last trading session, with a 1-year performance of 11.22%. The Relative Strength Index (RSI) is at 0.0807, indicating a potential oversold condition. The company's revenue stands at $22.76 billion, with a current price-to-earnings ratio of 19.18. The stock has seen a decrease of -0.238 in its earnings per share (EPS) and a dividend yield of 0.092. Overall, the market sentiment towards PG&E Corp appears cautious, with potential risks associated with the company's financial performance and regulatory environment.

More about Consolidated Edison Inc

Consolidated Edison Inc, commonly known as Con Edison, is a major player in the energy industry with approximately $12 billion in annual revenues and over $48 billion in assets. The stock has shown a steady performance, with a current price of 13.34 and a 52-week high of 43.57. The Relative Strength Index (RSI) of 89.29 indicates that the stock may be overbought, while the negative change of -0.116 suggests a slight bearish sentiment. The company's strong financials and diverse range of energy-related products and services position it well in the market, but potential risks include the volatile nature of the energy sector and regulatory challenges. It's important to consider these factors when evaluating the stock's potential future performance.

More about Dominion Energy Inc

Dominion Energy Inc (NYSE: D) is a leading American power and energy company with a market cap of $40.17 billion. The stock is currently trading at $49.29, with a P/E ratio of 15.95 and a dividend yield of 3.01%. The company has a strong balance sheet with total assets of $17.89 billion and a debt-to-equity ratio of 0.0959. The stock has shown a slight decrease of -0.816% over the last month, indicating a bearish trend. However, it is important to note that past performance is not always indicative of future results. With its diverse portfolio of electric services and strong presence in multiple states, Dominion Energy is well-positioned for long-term growth, but potential risks and uncertainties in the energy market should also be considered.

More about Duke Energy Corporation

Duke Energy Corporation is a prominent player in the energy and transportation sector, with a market cap of $73.74 billion and a stock price of $99.94. The company's performance metrics show a positive 4.04% quarterly growth in revenue and a 4.73% increase in net income, indicating a strong financial position. However, the stock has a relatively low Relative Strength Index (RSI) of 37.3, suggesting a potential bearish trend in the market sentiment. Investors should closely monitor the support and resistance levels, as well as the potential for a breakout or reversal in the stock's performance. It's important to note that past market behavior may not reliably predict future performance, and there are inherent risks and uncertainties associated with investing in the stock.

More about American Electric Power Company Inc

American Electric Power Company Inc (AEP) is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states. With a market capitalization of $42.24 billion and a current stock price of $86.97, AEP has shown a 3.32% increase in its stock performance over the past year. The company's financials indicate a healthy 4.36% dividend yield, reflecting strong financial stability. However, the stock's Relative Strength Index (RSI) of 37.39 suggests a bearish sentiment in the market, indicating a potential for a downward trend. It is important to note that past market behavior is not always a reliable indicator of future performance, and investors should be cautious of potential risks and uncertainties associated with investing in AEP.

More about Exelon Corporation

Exelon Corporation is a Fortune 100 energy company with a market capitalization of $34.65 billion and a stock price of $41.09. The company's earnings per share is $2.15, with a P/E ratio of 16.19, indicating a relatively low valuation. The stock has shown a 1-year return of 0.029 and a 5-year return of 0.234, suggesting a stable long-term performance. Market sentiment appears positive, with the company's strong position in the energy industry and steady financial metrics. However, potential risks include regulatory changes and market volatility, which could impact future performance.

More about Entergy Corporation

Entergy Corporation is a Fortune 500 integrated energy company primarily engaged in electric power production and retail distribution in the Deep South of the United States. With a market capitalization of $21,475,082,000 and a current stock price of $107.36, the company has shown a strong performance in the electric services sector. The stock has a 52-week range of 60.29 to 107.36, indicating a bullish trend. However, the Relative Strength Index (RSI) of 14.63 and the Bollinger Bands at 4.28 and 6.94 suggest potential overbought conditions, indicating a possible risk of a correction in the short term. It's important to consider these technical indicators along with market sentiment and potential risks before making any investment decisions.

More about Alliant Energy Corp

Alliant Energy Corp is a public utility holding company in the energy and transportation sector, providing electric and other services in Iowa and Wisconsin. With a market capitalization of $13,075,373,000 and a current stock price of $18.77, the company has shown a 1-year price change of 1.785 and a 52-week high/low of 2.73 and 16.37 respectively. The stock has a beta of 0.167, indicating a relatively low level of volatility compared to the market. Alliant Energy Corp also has a total revenue of $4,124,000,000 and a price/earnings ratio of 52.5. The company's stock performance has shown a 1-year return of 0.133, with a negative 5.1% change in the last quarter. Market sentiment towards Alliant Energy Corp appears to be cautious, with potential risks and uncertainties in the current market environment that may impact the company's future performance.

More about Edison International

Edison International is a public utility holding company with subsidiaries in the electric services and energy & transportation sectors. With a market cap of $26.38 billion and a stock price of $21.42, the company has shown a 3.21% increase in its stock performance. The market sentiment, however, is slightly bearish with a Relative Strength Index (RSI) of 43.52, indicating a potential for further downside. The company's unregulated non-utility business assets under Edison Energy are valued at $16.65 billion, showing a minimal increase of 0.46%. It is important to note that past market behavior is not always a reliable indicator of future performance, and there may be potential risks or uncertainties associated with these financial metrics.

Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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