Array Technologies: Market Leader at a Discount Price – A Bet on America's Energy Transition and the End of Grid Delays
Reading Time: 4 minutes
The new driver: New management and analyst upgrades (TD Cowen: "Buy") create momentum. The valuation: With a P/E ratio of under 10, the stock is historically inexpensive – a rare "value opportunity" in the tech sector. The obstacle: The technology is ready, but the U.S. power grid struggles with connection delays. In the gigantic solar parks of the world – from Nevada to Spain – rigid structures are a thing of the past. Array Technologies (ARRY) provides single-axis trackers that follow the sun's modules. The result: Up to 25%...
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