Enphase stock is down 20% this year. Is the stock a buy right now?
June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.53% this morning as Tesla surged on new EV promises and investors looked ahead to the next round of corporate earnings.
ENPH earnings call for the period ending March 31, 2024.
Investments in green energy are booming, but alternative energy stocks like ENPH and PLUG are underperforming significantly. However, analysts have no problems choosing a favorite.
EQNX::TICKER_START (NASDAQ:SUUN),(CSE:SUUN),(NASDAQ:ENPH),(NASDAQ:FSLR),(NYSE:NEE),(NASDAQ:RUN) EQNX::TICKER_END
The stock market is showing positive signs with all major indexes up year-to-date. Investors are looking for summer stocks and the article analyzes some potential options including SunRun, Delta Airlines,...
One looks compelling, the other is a value trap waiting to spring.
It depends on what it does to replace its pipeline of lithium to produce -- and how much it pays.
The energy technology company believes market conditions are nearing a bottom.