Stock Picks: Alternative Energy – Canadian Solar Inc (CSIQ)

June 28, 2021, 9:46 am EDT

Alternative Energy – Canadian Solar Inc (CSIQ)

When the cost of traditional energy (oil, gasoline) keeps rising to the sky, alternative energy like solar may become a hot product again. This might be the driving force for the recent strength in renewable energy stocks: JKS, FSLR, CSIQ, RUN, NOVA, SPWR, ENPH

We picked CSIQ because it is breaking out today with a gap-up. It seems like CSIQ and it’s industrial just about to emerge after downtrend and bottom.

The protective stop is 38.

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