Buy the dip - solaredge on the right track
This might be one for the future, building a portfolio with value you believe in can only be rewarding.
Looks like everyone and their mother are eyeing towards solar one way or another, whether it is to save money every month, or be green, renewable energies will benefit from strong tailwinds in the near future, when inflation is tamed and everyone gets back to spending (mid 2024 ?)
In any case, despite missing estimates, fundamentals of the company remain good, market is still strong, only upside potential.
Target EOY low 240 USD
Looks like everyone and their mother are eyeing towards solar one way or another, whether it is to save money every month, or be green, renewable energies will benefit from strong tailwinds in the near future, when inflation is tamed and everyone gets back to spending (mid 2024 ?)
In any case, despite missing estimates, fundamentals of the company remain good, market is still strong, only upside potential.
Target EOY low 240 USD
Note
Well that didn't age well - let's close this idea for the moment :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.