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1 Incredible Growth Stock Down 58% to Buy Hand Over Fist

TheMotleyFool

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1 Incredible Growth Stock Down 58% to Buy Hand Over Fist: https://g.foolcdn.com/editorial/images/761212/solar-on-roof.jpg

Shares of Enphase Energy (NASDAQ: ENPH) have plunged 58% from their 52-week high, and investors are questioning how bad the next few quarters are going to get. But take a step back, and the residential solar industry is still growing. And long term, this is a company with a valuable position.

In this video, Travis Hoium makes the case for Enphase Energy and why it could have a huge recovery in 2024.

*Stock prices used were end-of-day prices of Jan. 12, 2023. The video was published on Jan. 13, 2024.

Source Fool.com

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