Bargain Hunting for Cheap Stocks: Down 34% to 65%, 3 to Buy on the Dip

By Jason Hall and Tyler Crowe – Oct 15, 2023 at 5:03AM

NASDAQ: ENPH

Enphase Energy

Market Cap

$16B

Today's Change

(-0.76%) -$0.87

Current Price

$113.45

Price as of May 20, 2024, 4:00 p.m. ET

One is crazy cheap.

Solar stocks are taking a beating, with Enphase Energy (ENPH -0.76%), Canadian Solar (CSIQ -0.32%), and First Solar (FSLR -0.63%) shares down between 34% and 65% from their highs. In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at all three and break down which are worth buying now.

*Stock prices used were from the morning of Oct. 4, 2023. The video was published on Oct. 15, 2023.

Jason Hall has positions in First Solar. Tyler Crowe has positions in First Solar. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends First Solar. 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.