#7 - Solar Window (OTCMKTS:WNDW)
Whenever I look at a field such as solar energy, I like to provide a little something for everyone. You’ve had some growth picks; and a couple of dividend darlings for income investors. But if you’re a speculator, Solar Window (OTCMKTS: WNDW) may suit your investing style. Solar Window is the creator of LiquidElectricity, a proprietary technology that applies a transparent coating of organic photovoltaic solar cells to glass, plastic, and films. The company has 120 patent claims.
WNDW stock is classified as a penny stock. And it’s down 46% for the year. However, a little perspective is needed. It appears that Solar Window got swept up in the renewable energy fervor that overtook the market at the beginning of 2021. Combine that with the appetite that retail investors had for penny stocks and WNDW stock climbed to over $30 per share. That was not sustainable nor did it fit the company’s history.
If you had bought the stock five years ago, you’d have a 12% gain. That’s nothing to brag about, but it fits a company that has a lot of potential but no product in market at this time.
About SolarWindow Technologies
SolarWindow Technologies, Inc engages in the development of transparent electricity-generating coatings and methods under LiquidElectricity Coatings brand. The company's coatings generate electricity by harvesting light energy from natural sun, artificial light, and low, shaded, or reflected light conditions, which is applied to rigid and flexible glass, and plastic surfaces to transform ordinary surfaces into organic photovoltaic devices.
Read More - Current Price
- $0.39
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
For individuals who embraced solar power in the 1980s, the time of vindication is here. What seemed like fringe, impractical technology is becoming a mainstream alternative as the nation launches its renewable energy future in earnest.
As solar power goes mainstream, solar stocks will start to pass that growth along to investors. And although many of these stocks have given up some impressive gains this year, investors shouldn’t be shy about buying the dip.
But like many speculative sectors, the expression “let the buyer beware” applies to solar stocks. Some solar companies are only in business because of subsidies. That’s not the case, however, with the companies listed in this presentation. These stocks represent some of the quality opportunities available in this sector. And now is as good of a time as any for investors to jump in. Some analysts project the global solar energy market to be worth $223.3 billion by 2026. That would equate to a compound annual growth rate (CAGR) of 20.5%.
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