21 Stocks on Jim Cramer’s Radar Like NVIDIA, Tesla and a Wave of Takeovers

19. Enphase Energy, Inc. (NASDAQ:ENPH)

Enphase Energy, Inc. (NASDAQ:ENPH) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. A caller asked if they should add to their position in the stock at the current levels. In response, Cramer said:

Enphase, no, it’s too erratic, too episodic. Frankly, there is, as far as I’m concerned, this thing is one of the hardest stocks in the world to own. I’m going to have to say ixnay on that one.

Enphase Energy, Inc. (NASDAQ:ENPH) develops home solar solutions centered on its microinverter technology, which converts and monitors power at the individual panel level. The company offers home battery storage and EV charging systems, all of which are managed through its cloud-based software. A caller asked about the stock during the April 16 episode, and Cramer replied:

This has been such a disappointing stock. The other day… we talked positively about First Solar. I know you don’t want to hear that; you’re looking more at Enphase. But we think First Solar’s better. And I’ll tell you, Enphase has just been, just been a disappointment for too long.