Forget First Solar: SolarEdge Is a Better Renewable Energy Stock
The solar power industry has gone through a major strategic shift over the last five years. Previously, the leading companies were aiming for vertical integration across everything from solar panels and inverters to racking and finance, now the more common approach is for each business to focus on one thing that it can do particularly well. As a result, strength in the industry has aligned around a number of specialists up and down the supply chain.
One company that was ahead of the curve on this trend was SolarEdge Technologies (NASDAQ: SEDG), the power optimizer and inverter manufacturer. And its growth prospects make it a much better buy than solar energy stock First Solar (NASDAQ: FSLR), which is one of the industry's longtime leaders.
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Source Fool.com
