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This Week’s Stock Picks & BNN Top Picks Summary: CSU-T, TD-T and 24 Stock Top Picks (Nov 17-23)Stocks extend rebound3 Energy Stocks: The safe, the spec and the ETFOne of the few solar stocks that makes money. Have suffered from higher costs in raw materials and shipping, so reported a loss last year. This year, they are guiding for a high $7-8 EPS and $13 EPS in 2024. Trades at a cheap 12x 2024 PE. They sell to commercial customers much more than homeowners, so is less exposed to higher rates. Demand for products is high with orders through 2026. They make a superior product, using 98% fewer semi materials than their peers, therefore cheaper to produce. Shares have pulled back, so attractive.
Likes it because it's one of the few solar panel companies that is actually profitable. Shares are up 30% YTD, despite weakness in the group. It's best in breed.
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 2023-11-27, First Solar Inc. (FSLR-Q) stock closed at a price of $154.65.
Recently reported earnings for FSLR easily exceeded analyst expectations, thanks to a 27% increase in revenues. Total US solar installs are up 20% on the year and analysts expect a bigger year of growth ahead in the industry. FSLR trades at 12x forward earnings and under 3x book value. We recommend placing a stop-loss at $129, looking to achieve $234 -- upside potential of 46%. Yield 0%
(Analysts’ price target is $234.27)