Why SolarEdge Is Positioned to Thrive
The solar energy industry is driven by one mandate: Make the most energy at the lowest possible price. The industry tries hard to turn everything it touches into a commodity, which often leads to slim margins. But a handful of standouts have found creative ways to differentiate their products and deliver outstanding value for shareholders, while still staying strong enough to thrive in the current turbulent economy. SolarEdge (NASDAQ: SEDG) is a member of this elite club.
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SolarEdge's core product is a solar inverter, which takes the DC energy that comes out of a solar module and converts it into the AC electricity that powers appliances.
Source Fool.com