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SHLS - Shoals Technologies: Worth Buying For The Long Term
Shoals Technologies Group Inc.
2024-03-13 21:13:52 ET
Summary
Shoals Technologies is considered one of the best solar energy investments alongside Enphase, with strong expertise and growth potential.
The company plans to expand its operations and create 550 new jobs to meet the rising demand for solar EBOS products.
Despite short-term challenges in the solar market, Shoals has a positive long-term outlook and is undervalued, making it a potential investment opportunity.
Also with a balance sheet that outperforms peers, I believe the stock deserves a Buy rating.