ABB (ABBN.Y) is spending $1 billion to buy Power-One (NASDAQ: PWER), a major player in solar inverters. This is the latest move by a large energy company to buy into solar following Total (TTE) and General Electric (GE -0.18%). Will we see more solar buyouts? Erin Miller sat down with Fool contributor Travis Hoium to find out.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
ABB's investment in Power-One is another bullish sign for solar.
Erin Miller and Fool contributor Travis Hoium have no position in any stocks mentioned. The Motley Fool recommends Total SA (ADR), and owns shares of General Electric and Power-One. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
GE Aerospace
GE
$264.18
(-0.18%)
$0.49
First Solar
FSLR
$170.55
(-0.80%)
$-1.38
Abb
ABBN.Y
TotalEnergies
TTE
$62.08
(%)
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
3 Magnificent S&P 500 Dividend Stocks Down 16% to 20% to Buy and Hold Forever
3 Nuclear Stocks Powering the AI Revolution
Should You Buy Energy Transfer While It's Below $19?
Why Did Oklo Stock Drop Today?
Why USA Rare Earth Stock Is Soaring Higher (Again) Today
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.