These growth stocks should benefit from the secular shift toward zero-trust cybersecurity and renewable energy.
Enphase (ENPH) recently unveiled a new home energy system for the United Kingdom's solar market, powered by IQ Battery 5P and IQ8 Microinverters.
It's no secret that 2023 has been a brutal year for renewable energy stocks, especially the once-red-hot solar energy industry. The Invesco Solar ETF (NYSEMKT: TAN) rose 233.6% in 2020 while most of the stock market was floundering. After a follow-up jolt from the Inflation Reduction Act in 2022, it's been all downhill for solar stocks in 2023.