Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/e_baO4jpdyw.

Solar stocks have been plummeting as evident by the nearly 40% year-to-date drop of the largest solar ETF, TAN. The three largest solar stocks - Enphase, SolarEdge and First Solar - are showing mixed results. While SEDG and ENPH are down 70% since the start of the year, FSLR is up 1%. That's mainly because the two largest producers of inverters have seen revenues plummet as numerous solar projects are being canceled because of higher interest rates. Digging into SolarEdge, the situation appears a lot worse than it actually it, at least according to management which expects things to recover slowly over a few quarters. Enphase appears to be in better shape with margins staying in the 40s while SolarEdge expects them to fall to single digits next quarter. That's mainly because fixed costs take time to catch up with declining revenues, or so we're told. If you're invested in solar stocks, or thinking about going long here, this is the video to watch.

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