Saturday, December 28

Tag: Enphase Energy

Green Investors Were Crushed. Now It’s Time to Make Money.
5Dec By adminNo Comments
Money

Green Investors Were Crushed. Now It’s Time to Make Money.

Updated Dec. 5, 2023 12:06 am ETInvest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Green Investors Were Crushed. Now It’s Time to Make Money.
5Dec By adminNo Comments
Money

Green Investors Were Crushed. Now It’s Time to Make Money.

Updated Dec. 5, 2023 12:06 am ETInvest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Green Investors Were Crushed. Now It’s Time to Make Money.
5Dec By adminNo Comments
World

Green Investors Were Crushed. Now It’s Time to Make Money.

Invest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Solar Inverter Maker: Enphase Energy falls on dour forecast but analysts positive on long-term view
27Oct By adminNo Comments
Business

Solar Inverter Maker: Enphase Energy falls on dour forecast but analysts positive on long-term view

Shares of Enphase Energy hit a three-year low on Friday after the solar inverter maker forecast current-quarter revenue below estimates. The company late on Thursday forecast fourth-quarter revenue to range between $300 million and $350 million, falling far short of analysts' average estimate of $583.9 million, as per LSEG data. It came after the company missed third-quarter revenue estimates over excess inventory levels and lower demand in European markets.Enphase Energy's shares were trading 16.3% lower at $80.53 in early trading, including which the company has lost 70% in its market capitalization since the start of this year. Solar equipment makers like Enphase and SolarEdge have been struggling to offload excess inventory due to weakening demand in key European markets like the Neth...
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Why the Shine Has Come Off Clean-Energy Stocks
25Oct By adminNo Comments
Money

Why the Shine Has Come Off Clean-Energy Stocks

Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies.  The iShares Global Clean Energy ETF reached its lowest level since July 2020 this week. The exchange-traded fund invests in renewable-energy companies and utilities in line with a benchmark compiled by S&P Dow Jones Indices, including First Solar and Plug Power. It has plunged 32% this year.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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