The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world.

The solar industry is going through some tough times right now, and solar stocks like FirstSolar and Canadian Solar have gotten crushed as a result. With that in mind, David wonders whether he's a bit crazy to be considering a solar stock in this environment. The company in question is Enphase Energy, which just had its IPO. It makes inverters, which are devices that turn DC electricity from solar cells into AC electricity that we can all use. David thinks the company possesses compelling economics and has added it to the top of his Watchlist.

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