5 Best Renewable Energy Stocks to Buy Now

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1. JinkoSolar Holding Co., Ltd. (NYSE: JKS)

JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a Shanghai-based manufacturer of solar products. It markets solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. The firm provides solar integration services and also develops commercial solar power projects. It is one of the largest solar panel manufacturing firms in the world. JinkoSolar operates in China, the United States, Japan, Germany, the United Kingdom, South Africa, India, and other countries.

On April 9, the company reported that its quarterly revenues at the end of 2020 rose to $1.44 billion, posting a year-on-year growth of 5%. It also said that it expects the shipments of solar products to rise 30% in 2021 on the back of increased demand as the economy reopens following the pandemic. At the end of the fourth quarter of 2020, 18 hedge funds in the database of Insider Monkey held stakes worth $212 million in the firm, up from 10 in the preceding quarter worth $42 million.

You can also take a peek at 10 Best Biotech Stocks To Buy For 2021, and Top 10 Best Freelancing Platforms and Websites for 2021.

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