SMTGF - SolarEdge Has The Right Product But The Market Is Pricing Too Much Growth And No Competition

Source: powerstar.co.za

SolarEdge Technologies Inc. (SEDG) provides inverters and power optimizers to the solar industry. Its solution has proven to be the winner as adoption has been massive. However, the stock is pricing too much growth. I think competition will intensify slowing down top-line growth and compressing margins. In this article, I will go over the company and my valuation.

I have been following the solar industry for years. My chosen investment vehicle was Daqo Energy (DQ), a low-cost producer of polysilicon. Here you can find my articles on DQ since