Jim Cramer Highlighted the Top 10 S&P 500 Winners of the Day

Page 9 of 9

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

Number of Hedge Fund Holders: 40

Enphase Energy, Inc. (NASDAQ:ENPH) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. During the episode, Cramer called it a “roughed up solar company,” as he said:

“At the top of that list, that sainted list today, Enphase Energy, oh boy, a roughed up solar company. Oh, it’s driving that possible congressional break that could preserve some solar tax credits.”

Enphase Energy (NASDAQ:ENPH) creates and sells smart energy systems that include microinverters, batteries, and software for monitoring and controlling solar power. Moreover, the company provides energy storage, EV charging, cloud-based services, and support for system design and permitting. In the first week of 2025, Cramer mentioned the company as he said:

“Finally, there’s Enphase, which is a solar equipment company that has the misfortune of making some of its equipment in China. Given that Trump won over solar advocate Vice President Harris, we can expect that much higher tariffs are looming on Chinese goods. I think it’s amazing that Enphase was only down 48% for the year. But hey, there’s always 2025.”

While we acknowledge the potential of Enphase Energy, Inc. (NASDAQ:ENPH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ENPH and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9