Enphase Power has a $2.2 billion cash position that has grown by $60 million in the past three years.
The stock is also trading at a high price of $1,700 per share.
The energy company is now up more than 70% since the beginning of the year.
The company is also the third-largest U.S. electricity producer, according to FactSet.
Enphase has recently signed deals to sell assets, including its coal assets, to power producers including Southern California Edison, Duke Energy and Southern California Gas & Electric Co. The Enphase deal, which could raise Enphase’s total cash position by another $50 million, is subject to approval by the U.N. climate change panel.
Enviro-Energy (ENV) shares were trading at $1.40 a share on Tuesday.
The Energy Investment Association reported the Energy Investment Corporation’s fourth quarter earnings in May showed Envro-Energy had generated $3.4 billion in profits.
The analyst said the company had not had a “positive year” in recent years.