Why is Enphase (ENPH) performing so well?


Enphase has been performing incredibly well (>60% gain YTD) and seems to be more or less unaffected by the broader market conditions. It's trading at around $300 now and its only ~$24/~8% off its 52wk high of $324.84.

I've been wanting to buy in but I don't get why it isn't getting killed like everything else.


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