Enphase Energy (NASDAQ: ENPH) was one of the biggest winners in energy during the pandemic, which gave investors hope that the company would have a big comeback when the market recovered. But when you look at the company’s trends and the state of the industry, conditions may not be as bright, as Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of June 10, 2024. The video was published on June 11, 2024.
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Travis Hoium has positions in SunPower. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.