Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Down 55% on the Year, Is Enphase a Buy?

TheMotleyFool

0 0

Down 55% on the Year, Is Enphase a Buy?: https://g.foolcdn.com/editorial/images/747726/installing-solar-panels-on-roof.jpg

Solar-inverter leader Enphase (NASDAQ: ENPH) has been an all-star stock over the past few years. Looking back just five years, you'll see the stock is up by an astounding 2,820%. That's nearly a 30-bagger.

What's more remarkable? The stock is down about 60% over the past year, meaning the returns were even higher if one had sold at the stock's late 2022 top.

Source Fool.com