ENPH Stock To Bounce Back?
1. ENPH stock has dropped 70% in the last year, now at $41. 2. Weakened demand in residential solar exacerbated by high interest rates. 3. Competitors like Sunrun and SolarEdge also face significant stock declines. 4. Projected interest rate drops may improve financing for solar investments. 5. Strong cash generation and good financial stability observed despite profitability dips.