BUY Conviction3/5 Analysis quality75/100 now
The YouTuber recommends Enphase as the safest option in the struggling solar industry. Despite a recent bounce, the stock remains attractive at 4.2 times price-to-sales, below its one-year average of eight times. Enphase's positive cash flow from operations and free cash flow position it to withstand industry headwinds, especially if solar tax credit expirations are relaxed, which he believes is likely to prevent the collapse of the US solar industry.
“Even on the bounce though, shares are still attractive here at 4.2 times on a price to sales basis versus an average of eight times over the last year.”