Jun. 19 at 4:28 PM
$ENPH Last post for me for a few days since I'm basically spamming at this point. Per
$JPM, inventory will clear in Q2, as expected. This is based off a note released 2 days ago. That is should give high confidence for Q2 earnings and future guidance for
$ENPH investors, as margins will see stability. The same cannot be said for
$SEDG or
$SMTGF.
$ENPH shares selling off purely on SMA's inventory glut issues today on the Frankfurt Exchange. In other words, the problems SMA are having are SMA, and likely,
$SEDG specific. We also gained insight on
$ENPH regarding commercial solar in this report. Enphase appears to be gaining market share in commercial solar. So, I think it's a safe dip to buy, but just be careful since the technicals are indeed falling apart. Fundamentals win the day, in the long run. Residential and Commercial Solar firms are seeing social Darwinism in full force over the last year, and
$ENPH is the fittest.