Enphase and SolarEdge Stocks Down Over 50%: Time to Buy or Broken Thesis?
It's been a brutal 2023 for former solar growth darlings Enphase Energy (NASDAQ: ENPH) and SolarEdge (NASDAQ: SEDG). In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's gone wrong, what to expect, and whether they view either stock as a buy right now.
*Stock prices used were from the afternoon of Dec. 13, 2023. The video was published on Dec. 16, 2023.
Should you invest $1,000 in Enphase Energy right now?
Before you buy stock in Enphase Energy, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Enphase Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.
*Stock Advisor returns as of December 11, 2023
Jason Hall has positions in SolarEdge Technologies. Tyler Crowe has positions in SolarEdge Technologies. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Enphase and SolarEdge Stocks Down Over 50%: Time to Buy or Broken Thesis? was originally published by The Motley Fool
