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Enphase Energy Just Reminded Investors of This Timeless Lesson


Enphase Energy (NASDAQ: ENPH) was one of the worst-performing stocks in the S&P 500 last year. Before Wednesday's pop, the start to 2024 was also bad, as Enphase lost 24% of its value from year-end 2023 to Feb. 6.

Enphase is still down for the year, even after surging 16.9% on Wednesday, February 7th. But there are signs the company is heading in the right direction. Here's a brief breakdown of what you need to know from Enphase's recent quarter, some of the hidden gems from the earnings call, and where the growth stock could be headed from here.

Image source: Getty Images.

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Source Fool.com

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