My Foolish Pitch. Help me out here. Last month, I asked a friend in the solar field if she could recommend a company to invest some retirement money in. Enphase was the only company she was excited about. Thankfully, the stock price dropped 27% during the 30 days I've been checking the company out, yet my due diligence reveals there is tremendous potential for growth here and I may not have to wait until retirement to see a dramatic rise in price. Today's my day to begin diving in to Enphase. Reasoning: 1) is the only significant seller of microinverter systems in the world; 2) owns important valuable patents on technology that makes solar power systems more reliable and productive; 3) the powerful mission and the management, a nicely balanced group of “veterans of the solar, telecom, networking, and software industries”; 4) the employee performance bonus (see SEC filing) to motivate ALL employees, not just management, to help achieve their ambitious financial goal to earn a profit next year; and finally 5) its youth! ENPH is a young, discounted 2012 IPO. (A small cap solar with growing revenues would have demanded a premium price during the booming solar years.) Oh, and incidentally, Enphase recently entered a relationship with Lennar's SunStreet Energy subsidiary to provide microinverters for new home construction. That's my reasoning, but I'm a teachable Fool that's willing to be humbled. I think it's a good time to invest in solar. Solar panels are showing up everywhere here in the West, and the need for improved efficiency isn't going away, so compare this company to any other company involved in the solar field and please tell me what I'm missing....
