$ENPH isn't the only solar stock, look at $SHLS
Shoals Tech Grp p is a leading provider of electrical balance of system or “EBOS” solutions for solar photovoltaic, energy storage and eMobility.
IBD ranks NASDAQ:SHLS in number 6 of its industry and has a 95 in its relative strength rating.
Looking at the company's valuations, pure fundamentalists would say it's overvalued. But, the technicals clearly signal leadership and strength relative to the market and its industry.
Although, NASDAQ:PLUG , NASDAQ:PI and NASDAQ:FLNC look very good.
Remember, price is king!
IBD ranks NASDAQ:SHLS in number 6 of its industry and has a 95 in its relative strength rating.
Looking at the company's valuations, pure fundamentalists would say it's overvalued. But, the technicals clearly signal leadership and strength relative to the market and its industry.
Although, NASDAQ:PLUG , NASDAQ:PI and NASDAQ:FLNC look very good.
Remember, price is king!