Nextracker Reaches all-Time High After Record Quarter – Entry Into the eBOS Market Enhances Growth Opportunities!

In the technology sector, solar stocks are currently showing strength as there is more clarity regarding the US tax credits. These are set to remain unchanged until 2028 and are then expected to be gradually phased out a year earlier than previously thought by 2032. Domestic solar module manufacturers are particularly favored over their Chinese competitors. This also benefits Nextracker (NXT) as a provider of solar trackers to maximize energy yield. Significantly, the acquisition of Bentek, announced on May 15 for $78 million, marks Nextracker's...