5 Best Falling Stocks To Buy Now

4. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Year To Date Share Price Losses: 70.71%

Number of Hedge Fund Investors In Q3 2023: 27

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is an Israeli solar company headquartered in Herzliya, Israel. It sells power management and associated systems for solar systems. December is a crucial month for the stock as it will be deleted from the S&P 500 index and relegated to the S&P 600 SmallCap Index instead.

For their third quarter of 2023 shareholdings, 27 out of the 910 hedge funds surveyed by Insider Monkey had invested in the company. SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s largest hedge fund shareholder is Ian Simm’s Impax Asset Management as it owns $121 million worth of shares.

Follow Solaredge Technologies Inc. (NASDAQ:SEDG)