Demand for solar power and their stocks enjoy huge tailwings. ESG is one. Companies like Blackrock and Exxon Mobil are making ESG a serious priority, for example. Secondly, out electric grid is falling apart. Witness the Texas outage last winer. Third, new homeowners are happy to add solar panels to their roofs as prices of panels keep plunging. Fourth, governments are supporting solar panels more and more; for example, the federal government is offering tax credits, and Biden wants to extend the solar tax credit by 10 years. Also, Biden has slapped tariffs on foreign panels, and the American industry is divided over this. Solar panels need an inverter to work. Micro-inverters are new technology and Enphase is the leader in micros. This is a great long-term growth story and one of his top three solar energy picks.
Enphase Energy is a American stock, trading under the symbol ENPH-Q on the NASDAQ (ENPH). It is usually referred to as NASDAQ:ENPH or ENPH-Q
In the last year, 7 stock analysts published opinions about ENPH-Q. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Enphase Energy.
Enphase Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Enphase Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Enphase Energy In the last year. It is a trending stock that is worth watching.
On 2023-02-03, Enphase Energy (ENPH-Q) stock closed at a price of $222.93.
It reports Wednesday. If you believe in the future of solar power, then this one's a winner.