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Burned By ChargePoint Stock? Why Enphase Is a Better Stock to Buy and Hold

TheMotleyFool

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Burned By ChargePoint Stock? Why Enphase Is a Better Stock to Buy and Hold: https://g.foolcdn.com/editorial/images/755531/time-to-sell.jpg

ChargePoint Holdings (NYSE: CHPT) dropped three really bad pieces of news on Nov. 16, compounding its already serious struggles. In this video, Motley Fool contributor Jason Hall breaks down this bad news (involving two sudden senior executive changes and a bad revenue miss) and explains why investors looking for a beaten-down stock to profit from the growth of electric vehicles should buy Enphase Energy (NASDAQ: ENPH) instead.

*Stock prices used were from the afternoon of Nov. 17, 2023. The video was published on Nov. 18, 2023.

Source Fool.com

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