Is Enphase a buy?

[@Funofinvesting]

Great video! Am looking more into ENPH & this was a great watch

[@CarlosFinanceJunkie]

Thanks for watching!

[@Kross_Roads-g4j]

Thanks man!

[@matthewgiraldoloaiza3435]

appreciate the enphase vids there arent that many people covering it i felt alone when i bought in 3 weeks ago so its nice to have this to watch

[@Kross_Roads-g4j]

Thanks for watching! I'll likely have another 1-2 before the EoY.

[@shaolin89]

Great episode. Good to see some Enphase coverage, which is in short supply these days. Cheers guys.

[@Kross_Roads-g4j]

Thanks for watching!

[@igetpaidtowait]

Carlos is the real deal🐐

[@Kross_Roads-g4j]

100%

[@chiwong6138]

Carlos needs no introduction.... finance junkies goat ! ❤

[@Kross_Roads-g4j]

He's an amazing dude!

[@CarlosFinanceJunkie]

Thank you sir

[@Tasosmam37]

Great video, thanks to both of you for the insights! Love ENPH been buying for the last two years 👊🏼

[@Kross_Roads-g4j]

It's a great company to explore!

[@amitinvesting]

letsgoooo

[@Kross_Roads-g4j]

🚀

[@sagig72]

It's true that ENPH will benefit from lower rates, but not nearly as real-estate would, or banks would (like SOFI). Everyone ultimatley benefits from lower rates, but ENPH will have hard time lowering prices (again cause of the business model) so I don't see their benefit be too significant. At end of the day, I much rather have HIMS, SOFI, TMDX, SE, GRAB, MELI as growth plays over ENPH and if I'm looking for value plays I'd much rather go with a good dividend paying REIT (there are lots of them) or even PYPL. I will reconsider ENPH is something very substantial changes in favor of this industry but I don't see even Trump and Elon be able to make it this significant. GREAT interview, I enjoyed listening to you guys.

[@Kross_Roads-g4j]

Agreed that HIMS SOFI and PYPL are more sure plays over the next year.

[@sagig72]

Hi Roy. GREAT video. Lots to say, may take me few comments. Carlos is great and I agree with most what he said. There is no question that Trump is much better, and funny how Elon will become an ambassador for the entire clean energy. The run they had after 2020 election was based on the hype that the democrats will do something for this industry - and they didn't. Same was the story for Cannabis. I made a killing between Nov-2020 and Jan-2021 on Cannabis and Uranium stocks. However, despite that Trump will provide them a much better environment, I don't see this going anywhere near the fomo that happened 4 yrs ago.

[@Mhaydy99]

Great talk. Love ENPH. SEDG is soo tempting too, but I feel like Carlos is right, but it’s so tempting.

[@Kross_Roads-g4j]

I'll admit it is for sure, and it ran accordingly. I'll stick to $ENPH though.

[@dividendportfolio1385]

Badri from enphase and solaredge directors paying 2 million on insider share buying looks good. Some really big buys from company insiders must be a confident sign going forward

[@Kross_Roads-g4j]

Indeed. Timing this thing is hard, but it'll rebound at some point.

[@chiwong6138]

Get Vitaly on to talk about it he's the specialist on the company. Guy knows it inside out, another great investor aswell ! We need the Junkies back 2025 !

[@Kross_Roads-g4j]

He's busy at the moment, but was invited!

[@gerardoarteaga3888]

Great chat guys

[@Kross_Roads-g4j]

Thanks!

[@svengellert5439]

Good to see Carlos talking about Enphase! ❤ Bottom seems to be in soon 😂 Thank you both for the great content, I definitely bought Enphase too early but this is part of the learning process I guess 😅

[@Kross_Roads-g4j]

Our pleasure!

[@karhen685]

Thanks for this episode. I'm down 40% in my ENPH position and definitely feeling at "crossroads" at the moment. 😶

[@Kross_Roads-g4j]

It's a good time to re-evaluate the thesis.

[@RiffMajestic]

Obviously none of us know for sure, but I started a position recently @ $67 and bought a little more @ $60. I feel very bullish longer term (maybe within a year) it can reach $100+ again. I plan on holding a while and will nibble more if it dips under $60 again.

[@sagig72]

Lots of neighbors and friends who use ENPH - all seem to regret it. The price is very high and the ROI (for a customer) is way too low. Further, the fact they aren't vertically integrated, they use "installers" and 3rd party companies mean they have no control over the customers and much less control over their margins - and it shows! I agree with Carlos this is becoming a "value" (not "growth") play. Yes, solar will stay, and Yes ENPH has a much better technology than its competition but I don't see it being enough. I can say that in the $60's the price has baked in a lot of negative news so there's a good chance it'll recover, but I don't see this business becoming a winner.

[@CarlosFinanceJunkie]

They are way better off not installing systems themselves and incurring those costs

[@Kross_Roads-g4j]

Thanks. Is it Enphase they regret, or solar?

[@pransakul]

I am glad you made ENPH Vdo. I Was going to ask you to make it. Thank you Roy.😊

[@Kross_Roads-g4j]

Glad to do so! It helps me clarify a few items related to the thesis.

[@mattanonysaurousrex]

Thanks for the content!

[@Kross_Roads-g4j]

My pleasure!

[@rh4452]

Just two dudes talking stocks, what a day!

[@Kross_Roads-g4j]

Good times!

[@thomascarter-thompson7926]

some info on inverters and types: micro-inverters are basically only good for the residential and very samll commercial projects, Central and string inverters are whats used in utility scale projects and large commercial projects. Important to know if you're looking at TAM.

[@Kross_Roads-g4j]

For sure. This is a residential solar play only.

[@s.lionelmcauley4455]

Reliance Industries announced 20GW of new solar by the end of 2026 using quad microinverter technology. 5 cents per watt vs 7 cents per watt using string/central inverter architecture. Module level monitoring, super high robust array output. Reliance is an Indian company. The technology it uses is from a small publicly listed company SPRQ on the Canadian Venture Exchange. SPRQF OTC Brazil, is seeing large array solar fields using Chinese Hoymiles microinverters. The microinverter is proving to be more durable in high-temperature applications. Microinverter TAM is growing!

[@xgariex5136]

When on Spotify? 😅

[@Kross_Roads-g4j]

Haven't thought about it yet.

[@Gice-Music]

Enphase is my biggest loser I've ever had in my 3+ years of investing (around 65% unrealized loss) , it used to be oatly but I cut my losses and sold out of that one a long time ago, I can't let enphase go yet and Strongly consider selling some tesla and palantir to double or even triple down on enphase, I feel like we are at peak fear but the future of the company is very uncertain

[@Kross_Roads-g4j]

Do you mind elaborating on that last sentence? You likely know the company better than I do, so there may be something I'm missing.

[@Gice-Music]

@Kross_Roads-g4j I'm not an expert like Carlos or vitaly either, enphase is just one of my 10 positions. But the huge divergence between analysts and company guidance says enough, nobody knows what'll happen

[@heinzyketchupy4175]

Hahahaha yeahhhhh

[@Kross_Roads-g4j]

Thanks for your support Heinzy!

[@heinzyketchupy4175]

@ solid interview with C

[@sled5050]

The question is if the energy goes down why do we need solar ? You financing to install, its extra payment to your household. Absolutely not worth it . Sold all my shares at 145 and invested in Tesla

[@Kross_Roads-g4j]

I wouldn't expect energy rates to keep dropping for much longer. Even energy-rich places like Houston are raising rates. Tesla is a great investment however. I sold my starter position of ENPH back around $140 and put that into $TSLA at the time. Worked out well.

[@ADMagazu]

I can't get there on this stock sorry .. not for me.

[@Kross_Roads-g4j]

It's definitely not a play for everyone. It's always best to invest in your highest convictions.

[@violinbite]

EV is not confined to Tesla. So Enphase might benefit from other EV cars who source from solar

[@Kross_Roads-g4j]

Yes, I agree with that. While they do have some charging products, specifically those that own EVS oftentimes want solar. I know this from personal experience. 😂

[@Goham7]

We all know who this guy is 😂

[@redoubt6784]

Are you guys at all concerned about possible tax loss harvesting on ENPH this year? Would it be more advisable to buy in at the beginning of the year?

[@Kross_Roads-g4j]

GREAT question! I think that's part of the reason the stock has been under some pressure. Technically some might do it in Dec too, but usually that's a November phenomenon. I wouldn't be shocked to see it go a bit lower this week, especially on low volume.

[@redoubt6784]

@@Kross_Roads-g4j excellent observation and i agree. I guess its truly the mindset of the investor as these current prices are a steal for a long term hold while the short is questionable as you pretty much are trying to time the market.

[@Kross_Roads-g4j]

Exactly right. This might not be the floor. It's tough to tell.

[@CarlosFinanceJunkie]

This is a GREAT point - wish we discussed this