SolarEdge Technologies (SEDG): Examining Valuation After Recent Share Price Strength

SolarEdge Technologies (SEDG) is making waves this week after posting a steady double-digit climb over the past month, drawing new attention from investors wondering if momentum is building. While there hasn’t been a major headline setting off this move, some are now looking for clues in the price action itself, speculating that shifting sentiment around clean energy stocks or the broader tech sector might be playing a role. The stock’s resilience could be signaling a change in expectations, or it might just reflect market players taking new positions ahead of earnings or industry updates.

To put it in context, SolarEdge Technologies’ share price has rebounded about 19% over the past year, following a sharp drop that weighed on much…

Source link