Yesterday Enphase Energy (ENPH) closed at $17.92, and jumped up in after hours trading to $18.09. This 11% intra-weekly turnaround from Tuesday's closing of $16.29 just marks this company's strong fundamentals.
The solar energy industry is booming, up more than 65% year to date. And, Enphase Energy is a leader in this industry, besting it by more than 250%!!!
This stock has an average daily rate price increase of 1.7% over the past 50 days. Based upon this I have a conservative short-term price projection of $22.85 for this company. This company is a STRONG BUY!!!
Disclaimer: The contents of this publication are for informational purposes only. It is not to be construed as a recommendation to buy or sell any security. The reader is encouraged to conduct their own research. This article represents the opinion of the author as of the date of publishing. Author does not own this security. Author is not a registered broker, dealer or financial planne