J Studios/DigitalVision via Getty Images Introduction Enphase Energy, Inc. (NASDAQ:ENPH) stock has had a rough first half of 2024, up only 2% YTD while the S&P 500 is up 15% YTD. At one point, Enphase stock was down nearly 30%. We can blame high interest rates, clogging channel inventory, and energy policy changes for the stock's underperformance over the last few quarters. Data by YCharts Despite all its challenges, I believe Enphase stock offers decent value for long-term investors, especially since it is ...