SHLS - Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary Headwinds
2024-07-28 23:16:44 ET
Summary
- Warren Buffett advises buying high-quality growth companies during temporary setbacks.
- Shoals Technologies Group is facing temporary headwinds in the solar and EV sectors, but it still has a signifiant long-term growth potential.
- Shoals has shown strong revenue growth historically and has improved its financial leverage, positioning it well to benefit from the ongoing expansion in solar energy and EV infrastructure.
Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary HeadwindsThe best thing that happens to us is when a great company gets into temporary trouble… We want to buy them when they're on the operating table. - Warren Buffett