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Is Nextracker Stock a Buy Now?

The Motley Fool Logo The Motley Fool By Courtney Carlsen
Is Nextracker Stock a Buy Now?

Nextracker, a leading solar tracking systems provider, is well-positioned to benefit from growing clean energy demand, with a record $5 billion project backlog and strong market positioning in solar technology.

Insights
NXT   positive

Strong global market share (26%), record backlog, potential for diversification, reasonable valuation, and positioned to benefit from increasing clean energy demand