Bargain Hunting in Solar Stocks: 1 to Avoid, 2 to Buy

By Jason Hall and Tyler Crowe – May 4, 2024 at 3:33AM

NASDAQ: ENPH

Enphase Energy

Market Cap

$16B

Today's Change

(8.73%) $9.73

Current Price

$121.23

Price as of May 22, 2024, 4:00 p.m. ET

One company has struggled to deliver profits for investors, while the other two have much better track records.

In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why investors should avoid SunPower (SPWR 14.23%) and consider buying Enphase Energy (ENPH 8.73%) or Canadian Solar (CSIQ 14.91%) instead.

*Stock prices used were from the afternoon of April 29, 2024. The video was published on May 3, 2024.

Jason Hall has positions in Canadian Solar, Enphase Energy, and SunPower. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enphase Energy. 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.