Solar stocks have surged 40% year-to-date as falling yields and a potential Section 232 tariff ruling in June push First Solar and peers to multi-month highs.

"The prevailing dynamic has been 'buy the rumor and buy the news', with momentum building..."

Solar stocks have surged 40% year-to-date as falling yields and a potential Section 232 tariff ruling in June push First Solar and peers to multi-month highs.

Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure.