This Energy Stock Could Make You Rich. But You'll Need to Be Patient.
The solar energy sector is a densely populated, yet fragmented, market. One of the more innovative solutions available on the market hails from a lesser-known brand, Enphase Energy (NASDAQ: ENPH).
The glaring issue for investors, however, is Enphase's stock price appreciation -- or lack thereof. The stock has cratered over 50% year to date, and it could easily fall further after the company reports third-quarter earnings later this month.
With such small near-term prospects, how can this stock possibly make you rich? Let's dig into the catalysts of the solar energy sector at large and assess how these tailwinds could carry meaningful long-term growth prospects for for Enphase.
Source Fool.com