Dollar General duo books $5M+ in stock gains

Shares of Shoals Technologies got a big boost Thursday courtesy of Goldman Sachs analyst Brian Lee, who has upgraded to ‘buy’ a number of solar technology names because their valuations have dropped in recent months.

In a note to investors, Lee said the fundamentals of the solar energy market are still in good shape — Shoals executives recently said their core business grew 12 percent in the first quarter and produced higher margins — and that many investors are accounting for only some of the possible catalysts from the Biden administration.