Solaredge Technologies

Why I think it's a good investment

Is solar the future? Where is sustainable energy going?

“The future is green energy, sustainability, renewable energy ” - Arnold Schwarzenegger

I don't always quote Arnie, but when I do, it's because I believe in the words spoken.

SolarEdge Technologies, Inc. is a provider of power optimizer,solar inverter and monitoring systems for photovoltaic arrays. These products aim to increase energy output through module-level Maximum Power Point Tracking. Established in 2006, the company has offices in the United States, Germany, Italy, Japan, and Israel (Thanks Wikipedia)

A quick breakdown of $SEDG - I managed to get into Solaredge Technologies at $70 which was a great discount during the recent economic events. This coincided with the previous support/resistance formed in May 18 and Sep 19.

SEDG has an average analyst target of $123 and is currently rated at ‘Out Perform’ - It has had a steady increase in cash flow over the last 5 years along with rising turnover and equity.

It has a current gross margin of around 33% which is excellent.SGA shows a consistent growth along with a steady R&D which indicates to me they have a good business model and have little competition in this sector. They've previously partnered with Tesla on their PV storage and back up power solutions.

Net earnings are running at just over 10%. It’s at the lower end of the spectrum that I usually look for but still acceptable for a long term investment. Renewable energy companies are always worth looking at. As a society we are looking at ways to reduce carbon emissions and to generate cleaner forms of energy. Renewable energy is something that is here to stay and definitely worth investing in for the future.

If you have any conflicting opinions on $SEDG let me know as it’s always good to get another opinion!

This isn’t intended as financial advice and purely my own opinion of this company.


Recent Posts

See All

©2020 by FollowMyTrades

Caution: This website is for educational purposes only. Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognise that for factors outside your control you may lose all of the money in your trading account. Many brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. takes no responsibility for loss incurred as a result of you copying our trades. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our ideas we share  on forex or stock market related products on this website, email or other electronic means. Past performance does not guarantee future results. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with eToro. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. eToro is authorised  and regulated by the FCA.We are not authorised to provide financial advice. By continuing to remain on our website you agree that you have read and agree to the Terms and conditions.

Privacy Policy