Cup & Handle on ENPH

2 Ağu 2021

The solar system inverter maker has experienced phenomenal growth over the past three years, as it turned a profit of 10 cents a share in 2018. In 2020, earnings hit $1.37 a share. Wall Street sees continued growth in the bottom line, up 45% this year to $1.98 and rising another 35% in 2022. Sales growth accelerated from a 1% drop in Q3 2020 to gains of 26%, 47% and 152% through Q2 of this year.