In addition to Barron’s, JP Morgan analysts have ranked this solar company’s stock ‘Outperform’.
SolarEdge Technologies (SEDG)
From The Cutting Edge
Maker of solar optimizers and inverters SolarEdge (SEDG) is up about 10% over the last two days following positive comments from Barron’s over the weekend.
Citing a strong balance sheet, expected growth in international sales, and growing opportunity in the commercial market, analysts at Barron’s believe shares could rise 40% over the next year.
We never put too much weight into institutional opinion but the recognition of SolarEdge is certainly a plus. The company is one of few profitable players in the solar industry right now and is trading at a bargain. If you want to have some stake in the solar market, SolarEdge is a must-own right now.
Jason Stutman, The Cutting Edge, www.angelpub.com, 877-303-4529, March 28, 2017