TIGHT BASE SEDG BUY LONG TERM 150.70$Next up is SolarEdge Technologies, Inc. (SEDG), which is a leading semiconductor company. SolarEdge stock has been a huge winner over the years, as the company is quite profitable. When we decide on the strongest candidate for long-term growth, we consider many technical areas important to success, with a few for SolarEdge being:
YTD outperformance vs. market: +54.10% vs. SPY
YTD outperformance vs. technology ETF: +41.79% vs. XLK
Historical big money signals
On top of a great long-term technical picture, one should also look under the hood to see if the fundamental picture supports a long-term investment. As you can see, SolarEdge has solid fundamentals:
Three-year sales growth rate: +44.32%
Three-year earnings growth rate: +37%
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