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Jim Cramer Says Enphase (ENPH) Has Been a “Disappointment for Too Long”

Enphase Energy, Inc. (NASDAQ:ENPH) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. When a caller asked Cramer about the stock, he said:

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.

A stock market chart. Photo by Arturo A on Pexels

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. During the July 1, 2025, episode, Cramer was similarly bearish on the company, noting that it was the “second-worst performer in the S&P through June.” He said:

Next, the second-worst performer in the S&P through June was Enphase Energy, that’s a solar power play, with the stock down 42%. Now this one is just political. The solar industry relies on tax credits, but the Big Beautiful Bill that just passed the Senate will cut those tax credits, starting in a couple of years. Doesn’t help that Enphase reported the latest in a long line of weak quarters in late April.

This was once one of the greatest growth stories around. Now, it’s basically untouchable as the fundamentals stink, and the regulatory backdrop is likely to get much worse for the company. Sadly, the solar industry’s become a partisan football.

While we acknowledge the risk and potential of ENPH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ENPH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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