TradingMavericks

SHLS : ASCENDING TRIANGLE / POSITION TRADE

Long
NASDAQ:SHLS   Shoals Technologies Group, Inc
INVESTMENT HIGHLIGHTS :

EBOS : mission critical components for power grids; necessary to carry electric current produced by solar panels to an inverter and power the grid.

Customers : engineering, procurement, and construction firms.

Plug-and-play components : installing components is expensive; products improve reliability and help avoid expensive installation crews, lowering total costs.

Provides a one-stop solution thats hard to obtain from other providers.

9M20 sales growth 28% YoY; sector leading margins: 23% operating margin vs 8% peers

Increasing operating cash flow and already generating profits

Global market for solar PV balance to grow 16% CAGR to $42.2B by 2024

SOURCE: Zarr Pacificador, 5 Feb 2021, Caylum Trading Institute
https://news.caylum.com/uncategorized/st...
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