Added to YB: 2024-08-14
Pitch date: 2024-06-30
SEDG [bullish]
SolarEdge Technologies, Inc.
+14.02%
current return
Author Info
No bio for this author
Company Info
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.
Market Cap
$2.2B
Pitch Price
$25.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.45
P/E
-3.77
EV/Sales
1.99
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Fidelity® Stock Selector Mid Cap Fund Added On Portfolio Holding: SolarEdge Technologies, Inc.
SEDG: Israeli solar inverter firm down 64%. Bullish on US/global solar incentives. Temporary headwinds: higher component costs, elevated rates increasing installation prices, dampening demand. Fund added shares despite challenges, seeing long-term potential in optimized inverter systems for solar panels.
Read full article (1 min)