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.
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Shoals Technologies: Worth Buying For The Long Term