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SolarEdge and Enphase: Which Is a Better Solar Stock to Buy Now?

Did residential solar just turn back to growth?

By Jason Hall and Tyler Crowe – May 11, 2024 at 5:03AM EST

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down recent financial results from SolarEdge (SEDG +5.81%) and Enphase Energy (ENPH +12.06%), and discuss whether they're worth buying now. Also discussed: First Solar (FSLR +2.92%) and Canadian Solar (CSIQ +3.30%).

*Stock prices used were from the afternoon of May 10, 2024. The video was published on May 10, 2024.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

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

Stocks Mentioned

Enphase Energy Stock Quote
Enphase Energy
NASDAQ: ENPH
$42.00
(+12.06%)+$4.52
First Solar Stock Quote
First Solar
NASDAQ: FSLR
$234.71
(+2.92%)+$6.65
Canadian Solar Stock Quote
Canadian Solar
NASDAQ: CSIQ
$20.05
(+3.30%)+$0.64
SolarEdge Technologies Stock Quote
SolarEdge Technologies
NASDAQ: SEDG
$42.77
(+5.81%)+$2.35

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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