Enphase Energy (NASDAQ: ENPH) and SolarEdge (NASDAQ: ENPH) were two of the top-performing solar energy stocks in the past decade, but they've fallen on hard times in the past year. Growth is slowing, and there are questions about margins in the future.
In this video, Travis Hoium puts their current struggles in the context of other boom-and-bust cycles in the solar industry. And the takeaway is that more pain may be ahead for these stocks.
*Stock prices used were end-of-day prices of Oct. 13, 2023. The video was published on Oct. 16, 2023.
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Travis Hoium has positions in SunPower. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
