Solar stocks are having trouble finding their footing. The Invesco Solar ETF ( TAN ) continues to drift lower, though the rate of the downtrend has eased in the past year. Of course, the S&P 500 has soared since October 2023, resulting in Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Enphase Energy (ENPH) closed the latest trading day at $119.74, indicating a +1.02% change from the previous session's end. This change outpaced the S&P 500's 0.29% loss on the day. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.31%. Coming into today, shares of the solar technology company had gained 1.33% in the past month. In that same time, the Oils-Energy sector lost 2.45%, while the S&P 500 gained 1.57%. The investment community will be closely monitoring the ...

Key Takeaways The S&P 500 was essentially flat on Tuesday, Sept. 17, 2024, closing less than 0.1% higher on the last day before the Fed's key rate announcement. Enphase Energy shares soared after the solar tech firm launched a new home battery product and energy management software. Shares of Accenture lost ground amid reports that the consultancy firm will push back employee promotions to June from December. Major U.S. equities indexes finished little changed on the final trading day before the Federal Res ...

FREMONT, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that it has started shipping its most powerful home battery to-date, the IQ® Battery 5P™, in Belgium. Enphase also introduced IQ® Energy Management, its new artificial intelligence (AI) based energy management software to enable support for dynamic electricity rates and the integration of ...

The solar sector represents companies involved in the production, installation, and distribution of solar energy technologies. These firms range from solar panel manufacturers to installers and component suppliers. Solar stocks offer ownership in these renewable energy-focused companies. The sector has gained attention due to growing environmental concerns and the push for clean energy sources. Government incentives and declining costs have boosted solar energy adoption in recent years. Investing in solar s ...

Enphase Energy, Inc. (ENPH) recently offered a penalty-free solution that will allow solar homeowners with legacy net energy metering (NEM) solar energy systems to expand their systems by using Enphase Energy Systems in California. This should expand Enphase's footprint in the solar energy market. How Will the New Solution Benefit ENPH Stock? The rapid growth of solar installation in California has been observed of late due to several factors like favorable geographic conditions, federal tax credit, the dec ...

The latest trading session saw Enphase Energy (ENPH) ending at $112.08, denoting a -0.91% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.3%. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, added 0.25%. The solar technology company's shares have seen an increase of 9.37% over the last month, surpassing the OilsEnergy sector's of 0% and the S&P 500's gain of 3.42%. The investment community will be closely monitoring the performance of ...

FREMONT, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the availability of pre-orders for IQ® Battery 5Ps produced in the United States. Preorders are also available for IQ8HC™ Microinverters, IQ8P-3P™ Microinverters, and IQ8X™ Microinverters produced in the United States with higher domestic content. These products are expected to ship in a f ...

DNY59 We previously covered Enphase Energy, Inc. (NASDAQ:ENPH) in April 2024, discussing why it remained a Buy for investors looking to capitalize on its prospective commercial success and the inherent asset-light strategy, well-balancing the demand destruction observed in the residential solar market. With an excellent upside potential over the next few years, we had believed that the stock offered a relatively attractive risk/reward ratio, despite the inherent premium observed in its valuations and the el ...