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Is Enphase Energy Stock a Buy?

TheMotleyFool

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Enphase Energy (NASDAQ: ENPH) went on a monster run last year. Shares of the company, which makes microinverters for solar panels, rocketed an eye-popping 452.4%, making it the best performing solar stock by a wide margin. Because of that, it was one of the top-performing renewable energy companies in the last decade.

With shares of the renewable energy company up so sharply in the past year, investors might be wondering whether it has more room to run. Here's a look at the case for and against buying Enphase right now.

Image source: Getty Images.

Source Fool.com

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