June 24, 2025
How is Solar Demand Trending in the US into Q2 Earnings Season, and What’s going on in Europe? A number of market pundits are of the mindset a swath of solar companies will (likely) post…
June 23, 2025
We initiate coverage of GE Vernova at BUY with a PT of $702.00 even as investors and analysts increasingly step away from this best-in-class power generation OEM story, citing valuation and a slowing event-path, because…
June 17, 2025
We Move our Rating on SolarEdge from HOLD to SELL on Surprisingly Bearish Senate Tax-and-Spend Bill Language. With SolarEdge still struggling in the US and European markets (discussed below), the expectation from many solar pundits…
June 17, 2025
In the Infamous Words of Famed Children’s Character Porky Pig… “T-T-T-That’s all folks”! In this note, via math and an extremely (simplified) explanation, we detail why, barring SunRun’s ability to (in our opinion) inflate the…
June 16, 2025
Re-Publishing Our Tesla 2025E-26E Estimates and Model for Maintenance Purposes. In this note (Ex. 1-4) we provide our most recent estimates for TSLA. More specifically, we update our quarterly: (a) delivery ests., (b) revenue ests.,…
June 13, 2025
California Solar Initiative (“CSI”) Data Sheds Light on State of Affairs for Module Level Performance Electronic (“MLPE”) Bellwethers Enphase and SolarEdge, as well as U.S. Storage Market. In this note, we provide the key takeaways from…
June 12, 2025
Things Just Keep Getting Better for Cameco. Cameco’s 49% share in Westinghouse is now expected to boost its Q2 results on the back of Westinghouse’s participation in the construction of two new nuclear reactors at…
June 10, 2025
It’s Now Clear… Tesla has a Demand Problem in China. In this note we detail the collapse in TSLA’s China sales year-to-date (“YTD”), based on both new monthly and weekly data released yesterday/today, despite: (a)…
June 6, 2025
So… What is GLJ Research Hearing on What the Senate’s Version of President Trump’s “Big Beautiful Bill” will Offer? Following discussions held today/yesterday with Washington D.C. government contacts on the Hill, in the below we…
June 3, 2025
California Solar Initiative (“CSI”) Data Sheds Light on State of Affairs for Module Level Performance Electronic (“MLPE”) Bellwethers Enphase and SolarEdge. In this note, we provide the key takeaways from March’s CSI data dump, and what…
May 30, 2025
We are Upgrading Sunrun to HOLD from SELL as the “Solar Friendly” Senate is Set to Return from Adjournment Jun. 2nd (i.e., Monday). While we continue to see RUN’s business as structurally flawed (given our…
May 30, 2025
We are Upgrading SolarEdge to HOLD from SELL as the “Solar Friendly” Senate is Set to Return from Adjournment Jun. 2nd (i.e., Monday). While we continue to see SEDG’s business as structurally flawed (given our view…
May 29, 2025
In the Words of Porky Pig… “Ba-Deep, Ba-Deep, That’s All Folks”. We downgrade U.S. Steel’s shares from BUY to SELL, and strongly recommend anyone who purchased when we upgraded to BUY 9/9/24 (when the stock…
May 28, 2025
Cleveland Cliffs is Currently Looking into the Abyss of Market Share Losses and Waning U.S. Auto Demand. On the positive side (if one is an optimist), after two consecutive quarters of EBITDA losses, CLF is…
May 21, 2025
SolarEdge is Up +70.7% Over the Past Month vs. +15.2% for the S&P 500; is the Move Justified? A few weeks back, SEDG reported 1Q25A sales that beat Cons. by +7.5% and GLJe by 11%….