Enphase Energy, Inc. ( ENPH ) was a big mover last session, as the company saw its shares rise over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company as the stock has gained nearly 34% in the past one-month time frame.
This provider of microinverter systems to the solar industry has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn't been in trend either. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Enphase Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Better-ranked stocks that warrant a look in the utilities sector include Covanta Holding Corp.
), Yingli Green Energy Holding Co. Ltd.
) and First Solar, Inc.
). While CVA and YGE sport a Zacks Rank #1 (Strong Buy), FSLR carries a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportENPHASE ENERGY (ENPH): Free Stock Analysis ReportCOVANTA HOLDING (CVA): Free Stock Analysis ReportYINGLI GREEN EN (YGE): Free Stock Analysis ReportFIRST SOLAR INC (FSLR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research