Home Business Goldman is still positive on the solar industry amid the sell-off — Here are the firm’s top picks

Goldman is still positive on the solar industry amid the sell-off — Here are the firm’s top picks

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Goldman is still positive on the solar industry amid the sell-off — Here are the firm’s top picks

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Aaron Newsom, left, an installer for the solar firm, Sunrun, and Tim McKibben, a senior installer, set up solar panels on the roof of a house in Granada Hills.

Mel Melcon | Los Angeles Times | Getty Images

The current pullback in solar shares is overdone, and with sturdy progress prospects on the horizon the sell-off represents a shopping for alternative for a few of the shares in the area, Goldman Sachs mentioned in a observe to purchasers.

The agency pointed to plenty of causes to stay positive on the industry, together with strong fundamentals, a wholesome financing backdrop, in addition to coverage catalysts.

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