Name of opportunity: 👀
Sunnova Energy International Inc
Analysts recommended buying 💸
Sunnova Energy has seen an increase in price, going up 8.40% in the past week, and almost 17% in the past day. This renewable energy stock is classified as a growth stock, as it reinvests profits to expand the business.
Sunnova Energy currently has strong revenue and cash flow, and analysts are currently calling this stock a ‘buy’ - is it time to invest?
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Sunnova Energy International Inc might increase from $4.00 to $10.25 in the next 12 months. If you invested $1000, you might profit $1562.50.
One reason why Sunnova has risen in price recently might be because the company has recently raised capital and made changes to its finances. This kind of shift tends to attract investors, as it showcases business strategy.
The renewable energy stock recently announced an amendment to its Second Amended and Restated Credit Agreement which might be part of the reason behind investor attention.
It has also recently dipped, dropping 19.44% in the past month - so analysts are predicting that it may begin to bounce back.
Additionally the inflation reduction act (IRA), climate legislation by Joe Biden, encourages investments into renewable energy technologies through tax incentives. However, this hangs in the balance at the moment, as policies may change under Donald Trump.
Renewable energy company 🌳
Sunnova Energy International Inc is an American energy company that is headquartered in Houston, Texas, United States. The company is a residential solar and energy storage service provider, providing these services across the United States and territories.
Which neme?: 🔍
‘Top Gainers Today’, ‘Green Energy’, ‘Stocks On The Move’.
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