Goldman Sachs Solar and Green Energy Stocks: Top 5 Stock Picks

2. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Goldman Sachs’ Q2 Stake Value: $1.7 billion

Number of Hedge Fund Holders: 43

SolarEdge Technologies, Inc. (NASDAQ:SEDG) sells direct current optimized inverter systems for solar photovoltaic installations worldwide. It is based in Herzliya, Israel.

In total, 43 hedge funds were long SolarEdge Technologies, Inc. (NASDAQ:SEDG) in the second quarter, with a total stake value of $1.3 billion

Truist analysts have a Buy rating and a $340 price target on SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares as of August 3.

Follow Solaredge Technologies Inc. (NASDAQ:SEDG)