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Alias Born 06/21/2019

Tuesday, July 09, 2019 12:19:17 PM

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Enphase Energy finishes the week strong at new highs.

Friday Enphase Energy (ENPH) hit a new high of $19.72, and closed at $19.64, up 5.8% from the previous week. ENPH is up 285% year to date, surging more than 97% in the last 60 days!!!

This global technology company is the world's leading supplier of solar micro inverters. It appears investors are gobbling up shares, just as the solar energy industry is gobbling up ENPH products and technologies.

Investment researchers such as Zacks points out that upward revised earnings estimates indications for 2019 and 2020 are a 420% and 32.21% increase on a year over year basis to 52 cents and 69 cents per share, respectively. And, revenue estimates for 2019 and 2020 indications of 53.01% and 14.67% increase year over year to $483.76 million and $554.74 million, respectively.

To think, back a couple of years ago, ENPH was trading a low as .65 cents! And, NOW trading at almost $20 per share! A whopping 2900% comeback!!!

ENPH fundamentals are strong, the technical's are beautiful. Big investors are bullish on this stock. Don't believe me? Check it out for yourself...NOW.



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 planner.

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