SolarEdge: I Was So Wrong, But This Is Too Much
SolarEdge(SEDG) Seeking Alpha·2024-01-01 12:15
KE ZHUANG Is there a more beaten-down growth stock than SolarEdge (SEDG)? 2023 saw tech stocks across the board recover much of their losses suffered in 2022. SEDG appears to be experiencing a delayed reaction, with its stock undergoing the same valuation reset that tech stocks experienced during the crash. There are a lot of similarities this time around, with the higher interest rate environment being the key culprit in collapsing consumer demand. With its growth story clearly broken in the near term, SED ...