It is imperative for long-term investors to identify companies that are a part of a rapidly expanding addressable market that will allow entities to grow revenue and earnings over time. So, it makes sense to invest in companies part of the clean energy space, given governments all over the world are providing incentives and subsidies driving widespread adoption of these solutions.
In the last few years, clean energy stocks such as SolarEdge (SEDG) and Enphase (ENPH) have crushed the broader markets. However, they are not immune to the market sell-off and are now trading lower in 2022.
