5 Best Solar Energy Stocks to Buy Now

3. SolarEdge Technologies Inc (NASDAQ: SEDG)

No of HFs: 31

Total Value of HF Holdings: $553 Million

SolarEdge Technologies is an Israel-based but US-domiciled large-cap smart solutions company that provides power optimizers, solar inverters, and monitoring systems for photovoltaic arrays. They provide a large range of services from PV Professionals to Business Owners. Commercial and residential PV systems are the main business of the company besides distributed energy networks with grid services solutions. The company also benefits from selling solar PV system products such as inverters, software tools, and accessories.

Impax Asset Management had $114,1 million invested in the company at the end of the quarter. Stock gain this year is 231.3% and the compound 3 year revenue growth rate is 42.1%.