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The Surprising Reason for Solar’s Next Boom


Europe wants to move away from Russian energy as quickly as possible.

That means it needs to transition a lot of its energy consumption to renewable sources.

And it has a bold plan to do so.

The European Commission aims to double its solar capacity by 2025.

That’s huge!

In today’s video, I explain why this is a good time to buy solar stocks.

(If you’d prefer to read a transcript, click here.)


Steve Fernandez

Research Analyst, Strategic Fortunes

Morning Movers


From open till noon Eastern time.

Redbox Entertainment Inc. (Nasdaq: RDBX) operates a network of self-service kiosks where consumers can rent or purchase new-release DVDs and Blu-ray Discs. The stock is up 35% today, continuing the uptrend it has seen this week as more retail investors get interested in the stock.

Siga Technologies Inc. (Nasdaq: SIGA) is a pharmaceutical company that focuses on the health security and infectious disease markets. The stock is up 24%, continuing the climb with other antiviral makers from Thursday on the news of Monkeypox cases in the U.S.

Kronos Bio Inc. (Nasdaq: KRON) focuses on the discovery and development of novel cancer therapeutics. The stock rose 16% on the news that the company’s CEO bought up to $2 million worth of additional stock in the company.

ClearPoint Neuro Inc. (Nasdaq: CLPT) develops and commercializes platforms for performing minimally invasive surgical procedures in the brain. It is up 14% after the European Medicines Agency issued a positive opinion on a gene therapy treatment that it helped develop for PTC Therapeutics.

Deckers Outdoor Corp. (NYSE: DECK) designs, markets and distributes footwear, apparel and accessories for casual lifestyle use and high-performance activities. The stock is up 12% after the company reported results for a record year thanks to high sales of its UGG boots.

Emergent BioSolutions Inc. (NYSE: EBS) focuses on the provision of preparedness and response solutions that address accidental, deliberate and naturally occurring public health threats. The stock climbed 11% on the news of Monkeypox cases in the U.S. because it recently acquired a vaccine for it.

Eve Holding Inc. (NYSE: EVEX) engages in the development of urban air mobility solutions. The stock is up 11% on the positive press and attention around the stock since it completed its SPAC deal and went public last week.

Covetrus Inc. (Nasdaq: CVET) operates as an animal-health technology and services company. It is up 11% after receiving an acquisition offer for $21 per share from private-equity companies Clayton, Dubilier & Rice and TPG Global.

China Evergrande Group (OTC: EGRNF) engages in the property development and real-estate business in China. It is up 10% along with other Chinese real-estate stocks today thanks to the Chinese central bank cutting its benchmark for mortgage rates.

Chimerix Inc. (Nasdaq: CMRX) develops various medicines to enhance the lives of patients living with serious diseases. The stock is up 8%, staging a rebound after sinking earlier this week when the company sold the rights to and divested from its only marketed product.

Watch out if you’re male, over 45, and think you know about investing

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