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I mean, it was at 23 pre-Covid and is at 32 now. That sure looks like a 35+% jump (which is equal to lots of other hype). The P/E ratio is good and should see plenty of growth long term—-but definitely not a short term play.
Subject Expert
Yes. I had pre at 25 and post at 30 to 31 = 25%. The 20 day SMA line is creeping up to 30 while the 50 day line is around 27-27.5.
I am looking at it as a long term wheel strategy with covered calls to boost some return with the elevated IV. I would likely sell puts if it drops under the 20 day SMA line to enter.
Subject Expert
I dig it, i love solar over the next 10 years
Subject Expert
Also, 35% on top of prepandemic is not that overpriced in this market.
Invest it for the long term I believe solar is the future. I love it. Bought it at 28 dollars. It’s been above 20 days sma .