Enphase Energy Inc (ENPH)

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Pick up these 'next generation' technology stocks while they're on sale
11:18 am ET March 7, 2020 (MarketWatch)
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By Michael Brush, MarketWatch

Companies such as Twilio, Chegg and Enphase Energy are the FAANGs of the future, says Kevin Landis of the Firsthand Technology Opportunities Fund

While insiders appear to be telling us it's time to start buying the pullback in stocks, not everyone is convinced.

"There is room for a little more freaking out," says Kevin Landis, who manages the Firsthand Technology Opportunities Fund . It's all about the fear of the unknown. "When a panic really gets going, it can be more of an enthusiastic panic than you expected."

Landis would know. He managed money through the wreckage of the tech bubble aftermath two decades ago, and every major "freakout" since.

The good news is that all these slumps taught us a simple lesson. Once the panic subsides, human ingenuity still survives and thrives, and drives progress, with tech leading the way. It's the same with virus scares. The horror of the Spanish flu was followed by the Roaring '20s, which was a great time to invest, points out Landis. Some executives are already buying shares of their own companies (http://www.marketwatch.com/story/executives-are-buying-their-own-companies-beaten-down-stocks-here-are-nine-with-large-purchases-2020-03-03).

Enphase Energy (TICKER:ENPH) and SolarEdge Technologies (TICKER:SEDG)

These companies make inverters, which convert the direct current output of solar panels to alternating current that can be used in homes, or sent to the electrical grid. That makes them a play on new California regulations that require new homes to have solar photovoltaic systems -- a market dynamic that coronavirus won't end.