Why Enphase Probably Bottomed Already

FRAME STUDIO/Moment via Getty Images Enphase Energy, Inc. (NASDAQ:ENPH) is one of my favorite and most exciting companies in the solar industry space. Alternative energy has been under immense pressure as mortgage rates and borrowing costs skyrocketed during the recent interest rate tightening cycle. As rates surged, Enphase's robust sales growth turned negative, declining by a whopping 58% YoY last quarter. There's no debate on whether Enphase's decline has been considerable in recent years. Nonetheless, t ...