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The cycle is ugly now, but the secular growth opportunity is enormous.
Shares of Enphase (ENPH 3.80%) and SolarEdge (SEDG 2.81%) have fallen more than 30% in less than two weeks, and a lot more over the past year. In this video, Motley Fool contributor Jason Hall explains why, despite the big sell-off, and weakening business conditions, investors should want to own these stocks for the long term.
*Stock prices used were from the morning of Oct. 27, 2023. The video was published on Oct. 29, 2023.
Jason Hall has positions in SolarEdge Technologies. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends 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.
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