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