Why Enphase Energy Enjoys Abundant Upside

Why Enphase Energy Enjoys Abundant Upside

Enphase Energy (NASDAQ: ENPH) has been on a tear over the last three years, with its stock going from under $1 in the summer of 2017 to hovering around $50 as of this writing. A solar inverter converts the DC energy generated by a solar module into the AC electricity that powers home appliances. Every solar system, large or small, must use at least one inverter if they want to connect to a power grid.