SolarEdge vs. Enphase Energy: Which Is the Better Investment for the Future?

By Travis Hoium – Dec 27, 2023 at 11:00AM

NASDAQ: SEDG

SolarEdge Technologies

Market Cap

$3B

Today's Change

(2.81%) $1.59

Current Price

$58.20

Price as of April 26, 2024, 4:00 p.m. ET

Solar energy stocks are down, but they aren't out. Where should your money be in 2024?

SolarEdge (SEDG 2.81%) and Enphase Energy (ENPH 3.80%) had a rough 2023 as the rooftop solar industry faced headwinds from higher interest rates and policy changes in California. Will 2024 be any better?

In this video, Travis Hoium covers the changes in 2023 for solar energy stocks and lets you know which company has the most potential for 2024.

*Stock prices used were end-of-day prices of Dec. 22, 2023. The video was published on Dec. 27, 2023.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium 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.