SolarEdge(NASDAQ: SEDG) was once one of the hottest stocks in the solar industry. But the company has run into problems as the market collapses and power optimizers lose market share to microinverters. In this video, Travis Hoium explains why the company is on thin ice.
*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium 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.
