S&P 500   4,591.22 (+0.87%)
DOW   35,678.78 (+0.53%)
QQQ   383.64 (+0.96%)
AAPL   152.61 (+2.53%)
MSFT   323.76 (+0.18%)
FB   317.99 (+1.85%)
GOOGL   2,919.86 (-0.15%)
TSLA   1,069.75 (+3.07%)
AMZN   3,472.34 (+2.35%)
NVDA   247.75 (+1.33%)
BABA   169.90 (+0.40%)
NIO   40.54 (+3.13%)
CGC   13.05 (+2.11%)
GE   104.52 (+0.65%)
AMD   120.89 (-1.14%)
MU   69.48 (+1.82%)
T   25.63 (+2.27%)
F   16.84 (+8.58%)
ACB   6.93 (+1.32%)
DIS   170.12 (+0.34%)
PFE   43.15 (+0.42%)
BA   208.60 (+0.96%)
AMC   35.01 (+0.72%)
S&P 500   4,591.22 (+0.87%)
DOW   35,678.78 (+0.53%)
QQQ   383.64 (+0.96%)
AAPL   152.61 (+2.53%)
MSFT   323.76 (+0.18%)
FB   317.99 (+1.85%)
GOOGL   2,919.86 (-0.15%)
TSLA   1,069.75 (+3.07%)
AMZN   3,472.34 (+2.35%)
NVDA   247.75 (+1.33%)
BABA   169.90 (+0.40%)
NIO   40.54 (+3.13%)
CGC   13.05 (+2.11%)
GE   104.52 (+0.65%)
AMD   120.89 (-1.14%)
MU   69.48 (+1.82%)
T   25.63 (+2.27%)
F   16.84 (+8.58%)
ACB   6.93 (+1.32%)
DIS   170.12 (+0.34%)
PFE   43.15 (+0.42%)
BA   208.60 (+0.96%)
AMC   35.01 (+0.72%)
S&P 500   4,591.22 (+0.87%)
DOW   35,678.78 (+0.53%)
QQQ   383.64 (+0.96%)
AAPL   152.61 (+2.53%)
MSFT   323.76 (+0.18%)
FB   317.99 (+1.85%)
GOOGL   2,919.86 (-0.15%)
TSLA   1,069.75 (+3.07%)
AMZN   3,472.34 (+2.35%)
NVDA   247.75 (+1.33%)
BABA   169.90 (+0.40%)
NIO   40.54 (+3.13%)
CGC   13.05 (+2.11%)
GE   104.52 (+0.65%)
AMD   120.89 (-1.14%)
MU   69.48 (+1.82%)
T   25.63 (+2.27%)
F   16.84 (+8.58%)
ACB   6.93 (+1.32%)
DIS   170.12 (+0.34%)
PFE   43.15 (+0.42%)
BA   208.60 (+0.96%)
AMC   35.01 (+0.72%)
S&P 500   4,591.22 (+0.87%)
DOW   35,678.78 (+0.53%)
QQQ   383.64 (+0.96%)
AAPL   152.61 (+2.53%)
MSFT   323.76 (+0.18%)
FB   317.99 (+1.85%)
GOOGL   2,919.86 (-0.15%)
TSLA   1,069.75 (+3.07%)
AMZN   3,472.34 (+2.35%)
NVDA   247.75 (+1.33%)
BABA   169.90 (+0.40%)
NIO   40.54 (+3.13%)
CGC   13.05 (+2.11%)
GE   104.52 (+0.65%)
AMD   120.89 (-1.14%)
MU   69.48 (+1.82%)
T   25.63 (+2.27%)
F   16.84 (+8.58%)
ACB   6.93 (+1.32%)
DIS   170.12 (+0.34%)
PFE   43.15 (+0.42%)
BA   208.60 (+0.96%)
AMC   35.01 (+0.72%)

7 Solar Stocks That Are Ready to Shine - 1 of 7

 
#1 - Enphase Energy (NASDAQ:ENPH)

Enphase Energy logo

If you’re a fan of marketing, then I can give you a good reason why Enphase Energy (NASDAQ: ENPH) tops my list of solar stocks to buy. The company is solving one of the key issues that limit solar power acceptance. And anytime a company does that, it gives customers a reason to buy beyond price.

In this case, Enphase uses microinverter technology which converts direct current (DC) power from solar panels to alternating current (AC) power. The use case is as follows. Solar power does not generate in the evening and on cloudy days. Converting solar energy to AC power allows solar power to be stored and efficiently used at times when solar power is not being generated.

In addition to benefiting consumers, the company’s technology is also being embraced by installers because it doesn’t require a central inverter that could lead to a single-point failure that can take down an entire system.

Investors are concerned about the stock’s valuation. However, according to MarketBeat data on Enphase Energy, the stock may have a 20% upside from its current price of approximately $154. Analysts like the company’s accelerating revenue which for the first half of 2021 has nearly eclipsed the company’s total revenue for all of 2019. 

About Enphase Energy
Enphase Energy, Inc engages in the design, development, manufacture and sale of micro inverter systems for the solar photovoltaic industry. Its products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories and Enlighten & Apps. The company was founded by Raghuveer R.Read More 

Current Price: $222.69
Consensus Rating: Buy
Ratings Breakdown: 20 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $196.91 (11.6% Downside)



Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.