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1 Energy Stock Down 78% That Could Make a Big Comeback

TheMotleyFool

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1 Energy Stock Down 78% That Could Make a Big Comeback: https://g.foolcdn.com/editorial/images/761424/home-with-solar-panels.jpg

The solar industry has had a rough year, and few companies have been hurt more than SolarEdge (NASDAQ: SEDG). The company's revenue dropped in the third quarter, and that's expected to continue in the fourth quarter of 2023 and even into 2024.

But there are some bright spots on the horizon, and in this video Travis Hoium outlines how SolarEdge could be set up for a big year.

*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 16, 2024.

Source Fool.com

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