SHLS Shariah Compliance
Screening Methodology: AAOIFI
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Shoals Technologies Group Inc. Stock Analysis SHLS
Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. The company is headquartered in Portland, Tennessee and currently employs 1,290 full-time employees. The company went IPO on 2021-01-27. The company encompasses all the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. The company designs, manufactures and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and BESS. Solar BLA solutions offers a range of plug-and-play cable and cabinet solutions that harness the power of solar energy. Load break disconnects and transition solutions provide solutions to reduce feeder sizes or disconnect systems for maintenance and shutdowns.
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Shoals Technologies Group Inc vs S&P 500 Comparative Returns
Analysis of SHLS stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Shoals Technolo... (SHL...) 5.79%
- S&P 500 5.05%
Shoals Technolo... Outperformed S&P 500 by 0.74%
1Y Performance
- Shoals Technolo... (SHL...) -8.74%
- S&P 500 13.06%
Shoals Technolo... Underperformed S&P 500 by 21.80%
3Y Performance
- Shoals Technolo... (SHL...) -64%
- S&P 500 62.03%
Shoals Technolo... Underperformed S&P 500 by 126.03%
5Y Performance
- Shoals Technolo... (SHL...) %
- S&P 500 99.19%
Shoals Technolo... Underperformed S&P 500 by N/A%
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FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.