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JinkoSolar is the largest solar PV and module manufacturing company, with module shipments reaching 21.4 GW in Q3 2023. The company has a competitive advantage in technology innovation, global distribution network, and vertical integration of supply chains. JKS could reap the benefits of an expanding solar market both in China and globally.
JinkoSolar (JKS) could produce exceptional returns because of its solid growth attributes.
With the Nasdaq taking investors on a roller coaster ride this year, many have sought refuge in mega-cap tech names like Nvidia (NASDAQ: NVDA ). However, some of the best bargains right now are in smaller semiconductor stocks flying under Wall Street's radar.
JinkoSolar (JKS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
JinkoSolar's (JKS) third-quarter earnings surpass estimates. The company benefits from increased shipment of its modules.
China-based energy stock JinkoSolar Holding Co (NYSE:JKS) is enjoying a post-earnings boost today, up 17.2% at $30.35 at last glance.
SHANGRAO, China , Oct. 23, 2023 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2023 before the open of U.S. markets on Monday, October 30, 2023.
JinkoSolar (JKS) continues to maintain its position as a global leader in the modules market. With constant innovations, it strives to create a clean energy ecosystem.
Solar stocks have been under pressure in 2023 as the global energy landscape has shifted. The resurgence of fossil fuels, especially natural gas, has made renewable energy sources less competitive and attractive.
The solar sector has been one of the market's hottest areas this year, with many stocks delivering triple-digit returns. However, over the past couple of months, we've seen a sharp pullback, with many of the same solar stocks down 30-50% from their highs.