It's been a long time since we've talked about $ENPH-2.0%. Are you still holding? Does it make sense to buy now? 😶
Enphase Energy
ENPHOpen $118.59
Day range $118.59 - $126.19
52 week range $73.49 - $141.63
It's been a long time since we've talked about $ENPH-2.0%. Are you still holding? Does it make sense to buy now? 😶
Same as the banks, they're always being discussed here. 😂 ...anyway I'm here, I had to dilute because I got hasty and now I'm averaging around 140$ ...hence I'm still in the negative. I'm not worried about the company, it's big, operates a lot around the world and is still working on innovations it's good at. As Stepan writes, it has settled in a sideways trend now where I think it might not go down anymore even though I don't expect any earnings growth this year either. But once more and more interest rates are low, I believe there will be demand for solar products again and the company will kick it back up in price per share. So we'll see, but that outlook is certainly long. 😊
I look at this company from time to time, but I don't have their stock in my portfolio and probably don't want to.
I don't invest in the company. This year, it looks like sales and earnings per share are expected to decline even further. Then that should change. If someone wants it for a long term investment, the current price, which is locked in a sideways trend, might not be so bad.