I feel like there is really no reason not to invest in solar stocks now. It's a high growth industry that has been relentlessly beaten down, and just now, stocks like ENPH have gone down more than 10% after market (due to weakening demand from Europe). Even though solar has been thought of as a 'meme' industry, certain stocks (such as my personal favorite, ENPH), have a positive net income and have a low PE ratio (25 for ENPH, < 20 for other solar stocks). Additionally, there has been significant insider buying for ENPH, which should be a bull indicator.
I feel like this is the bottom – Thanks for coming to my ted talk, I'd love to hear yall's opinions.
Leave a Reply