Demand for solar power and their stocks enjoy huge tailwings. ESG is one. Companies like Blackrock and Exxon Mobil are making ESG a serious priority, for example. Secondly, out electric grid is falling apart. Witness the Texas outage last winer. Third, new homeowners are happy to add solar panels to their roofs as prices of panels keep plunging. Fourth, governments are supporting solar panels more and more; for example, the federal government is offering tax credits, and Biden wants to extend the solar tax credit by 10 years. Also, Biden has slapped tariffs on foreign panels, and the American industry is divided over this. One of his three favourite solar stocks is First Solar. FS makes its own panels and proprietary technology. They're sold out for 2021 and nearly for 2022. They have an excellent balance and trades at 21x earnings. You can buy a partial position write now or buy on dips.
First Solar Inc. is a American stock, trading under the symbol FSLR-Q on the NASDAQ (FSLR). It is usually referred to as NASDAQ:FSLR or FSLR-Q
In the last year, 9 stock analysts published opinions about FSLR-Q. 9 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First Solar Inc..
First Solar Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for First Solar Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered First Solar Inc. In the last year. It is a trending stock that is worth watching.
On 2023-06-02, First Solar Inc. (FSLR-Q) stock closed at a price of $206.74.
Our PAST TOP PICK with FSLR has achieved its target at $214. To remain disciplined, we recommend covering half the position at this time and trailing up the stop to $171. When combined with our previous recommendation, this investment has a net investment gain of 52% so far.