VSLR - Why SolarEdge Is the Top-Performing Solar Stock
As the solar industry has developed over the past two decades, various companies have tried to make their particular niche the high-value position in the supply chain. Solar panel manufacturers attempted to differentiate their wares by delivering higher efficiency, installers tried to create well-known brands that could command a premium, and component suppliers pushed to squeeze themselves into larger segments of the market.
One company that seems to have found a particularly valuable spot in the industry is SolarEdge Technologies (NASDAQ: SEDG), maker of power optimizers and inverters for residential solar systems. Though it supplies only a small number of components, it's worth more than companies like SunPower (NASDAQ: SPWR), Canadian Solar (NASDAQ: CSIQ), or Sunrun (NASDAQ: RUN).