SolarEdge and Enphase: Which Is a Better Solar Stock to Buy Now?

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down recent financial results from SolarEdge (NASDAQ: SEDG) and Enphase Energy (NASDAQ: ENPH), and discuss whether they're worth buying now. Also discussed: First Solar (NASDAQ: FSLR) and Canadian Solar (NASDAQ: CSIQ).

*Stock prices used were from the afternoon of May 10, 2024. The video was published on May 10, 2024.

Should you invest $1,000 in Enphase Energy right now?

Before you buy stock in Enphase Energy, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Enphase Energy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $543,758!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of May 6, 2024

Jason Hall has positions in Canadian Solar, Enphase Energy, First Solar, and SolarEdge Technologies. Tyler Crowe has positions in First Solar and SolarEdge Technologies. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends First Solar and SolarEdge Technologies. The Motley Fool has a disclosure policy. Jason Hall 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.

Advertisement