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3 Undervalued Solar Energy Stocks Investors Should Buy

NEW YORK ( TheStreet) -- Many investors think that the solar industry faces cloudy prospects, as persistently low energy prices continue to batter all types of energy-related stocks. The conventional wisdom is that low oil and gas prices motivate energy consumers to abandon solar power in favor of cheaper fossil fuels.

They should think again. If you subscribe to the common misconception that low energy prices hurt solar, you're missing one of the most exciting investment opportunities to come along in decades. Fact is, the infrastructure for the solar industry is now so pervasive and entrenched, it has precipitated a "price decoupling" between solar and fossil fuels. Solar and other renewable energies are increasingly part of the energy status quo and no longer need high oil and gas prices to attract end users.

Three solar stocks are in the best position to profit from this new pricing dynamic: First Solar (FSLR - Get Report) ...