We're experiencing sell-offs across sectors right now, but

We're experiencing sell-offs across sectors right now, but do you have any idea why solar isn't doing well? 🤔

Specifically the last few days I'm seeing the most noticeable declines in my portfolio and that's in $ENPH-2.0%. Yet a few days ago I read that they had a successful entry into South America, across Brazil. So I must be missing some news. But the competition from $FSLR-3.9% or $CSIQ-2.4% is holding up.

Enphase Energy

ENPH

$97.14

-$2.03

-2.05%

Capital Structure

Market Cap

13.2B

Enterpr. Val.

14.3B

Valuation

P/E

50.1

P/S

7.3

Open $100.69

Day range $97.09 - $101.32

52 week range $73.49 - $192.22

Anyone following these stocks and how do you feel about the sector? 😊

Bill Combs

@billcombs 1y

I don't follow this sector much and I don't own any stocks from this sector. However, it is interesting and thank you for the tip.

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Moe Whitehead

@investormoe 1y

I follow solar industry stocks. I'm especially interested in Europe right now, there was a great report yesterday and my favorite company Meyer Burger went up 8%. The German Chancellor announced his support for the solar industry in Germany and I hope he pushes it through the European Commission. The EU needs to support local manufacturers and be competitive with China.

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