Canadian Solar (CSIQ) Hits 2-Year High Ahead of Earnings

We precocious published 10 Stocks Beating the Market with Eye-Popping Gains. Canadian Solar Inc. (NASDAQ:CSIQ) is 1 of the best-performing stocks connected Monday.

Canadian Solar soared to a caller two-year precocious connected Monday, arsenic investors loaded portfolios up of the results of its net show successful the 3rd 4th of the year.

At intra-day trading, Canadian Solar Inc. (NASDAQ:CSIQ) surged to its highest terms of $33.30 earlier paring gains to extremity the time conscionable up by 13.80 percent astatine $32.40 apiece.

In a announcement to investors, Canadian Solar Inc. (NASDAQ:CSIQ) said it would merchandise the results of its 3rd 4th net show earlier marketplace unfastened connected Thursday, November 13. A league telephone volition beryllium held to elaborate connected the results.

Pixabay/Public Domain

In caller news, Canadian Solar Inc.’s (NASDAQ:CSIQ) subsidiary—e-STORAGE—successfully commissioned a caller 220 MWh artillery retention strategy owned by Epic Energy successful Australia.

e-STORAGE was tapped arsenic the Engineering, Procurement, and Construction (EPC) supplier for the project.

Under a semipermanent work agreement, e-STORAGE volition enactment the project’s ongoing show and operational management, demonstrating its committedness to semipermanent worth creation.

“We are delighted to enactment Epic Energy successful reinforcing South Australia’s grid resilience and accelerating the displacement towards cleanable energy…With implicit 1.8 GWh of BESS nether operation successful Australia, e-STORAGE continues to found itself arsenic a starring merchandise and solution supplier successful the region,” said e-STORAGE President Colin Parkin.

Through e-STORAGE, Canadian Solar Inc. (NASDAQ:CSIQ) has shipped implicit 13 GWh of artillery vigor retention solutions to planetary markets, boasting a $3 cardinal contracted backlog arsenic of June 30, 2025.

While we admit the imaginable of CSIQ arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.