Friday, June 28, 2019 11:26:43 AM
Enphase Energy (ENPH) moving back up
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!!!
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