Top 5 Stocks to Watch Today

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In this article, we discuss the top 5 stocks to watch today. If you want to see some more companies trending on Tuesday, go directly to Top 10 Stocks to Watch Today.

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

Number of Hedge Fund Holders: 59

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) rose over five percent this morning after the energy technology company announced that it has extended its partnership with renewable energy firm BayWa r.e.

According to the terms of the agreement, BayWa r.e. will distribute Enphase Energy’s inverters and batteries in Germany and Benelux. Enphase Energy, Inc. (NASDAQ:ENPH) expressed its pleasure over the latest collaboration, saying the installer customers in the region will now have more access to its microinverters and battery systems.

Despite macro headwinds, Enphase Energy, Inc. (NASDAQ:ENPH) shares have performed well so far in 2022. The stock has jumped nearly 60 percent on a year-to-date basis.

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