Tag: ENPH
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Keep an Eye on Enphase Energy
Enphase Energy (ENPH) is showing big signs of life today. Up about $10.60, we believe ENPH could retest $140 next from its last traded price of $114.21. Granted, recent earnings and revenue did fall short of estimates. Second quarter adjusted EPS of 43 cents on revenue of $303.5 million was below expectations for 49 cents…
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Here’s Why First Solar Could Push Higher
Solar stocks, like First Solar (FSLR) are on fire. All thanks to a couple of upgrades. For one, Goldman Sachs recently noted the Inflation Reduction Act (IRA) is one of the “most meaningful policy developments for the US solar and energy storage sector and clears the way for at least a decade-long runway for stable…
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This is Why Solar Stocks Could See Brighter Days Ahead
Solar stocks could see brighter days ahead. For one, they’re some of the many “green” stocks riding the $370 billion clean energy. In fact, “The Inflation Reduction Act of 2022 invests in the technologies needed for all fuel types – from hydrogen, nuclear, renewables, fossil fuels and energy storage – to be produced and used…
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Why Enphase Energy Stock is Up More than $15 Today
Solar stocks are on fire. First Solar (FSLR) is up $3.35 a share Sunrun (RUN) is up $1.83 SunPower (SPWR) is up $1.17 SolarEdge (SEDG) is up about $21 a share That’s all happening as we speak. All thanks to blowout earnings from Enphase Energy (ENPH). The company just posted net income that more than…
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Enphase Energy (ENPH) May Be a Steal on Weakness
Enphase Energy (ENPH) may be a steal of weakness. After plummeting from about $280 to $173, the stock appears to have caught strong double bottom support. Helping, the stock is also severely oversold on RSI, MACD, and Williams’ %R. The last few times the stock became this technically oversold, it bounced back nicely. In October…
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The Top 5 Solar Stocks to Own with Biden in White House
There’s still plenty of time to invest in solar stocks, we noted on January 7. At the time, we highlighted opportunity in: SunPower (SPWR), which ran from $32 to $39 since January 7 Enphase Energy (ENPH), which did pull back from $210 to $200 First Solar (FSLR), which also pulled back slightly from $105 to…