Top 10 Solar Stocks To Buy Right Now: First Solar Inc.(FSLR)
First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company?s solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. Its integrated solar power systems activities include the project development; engineering, procurement, and construction services; operating and maintenance services; and project finance. The company sells solar modules to project developers, system integrators, and operators of renewable energy projects; and solar power systems to investor owned utilities, independent power developers and producers, and commercial and industrial companies, as well as other system owners. It operates in the United States, Germany, France, Canada, and internationally. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 a nd is headquartered in Tempe, Arizona.
Advisors' Opinion:- [By Travis Hoium]
Earnings and First Solar's guidance
First Solar (NASDAQ: FSLR ) was the biggest newsmaker this week when it met with investors to give guidance and a technology roadmap for the future. I took a detailed look at the presentations here, but there are a few takeaways for the whole industry. - [By Dan Caplinger]
Finally, earnings continue to have big impacts not only on individual stocks but on entire industries. First Solar's (NASDAQ: FSLR ) report last night has sent the shares for a loop: They're dropping 9% after the company missed earnings estimates. Yet the company didn't pull back from its more optimistic assessment of its future as it continues efforts to bolster its already impressive backlog of solar projects. The stock drop brings two potential opportunities. If you think First Solar's long-te! rm prospects will stay in line with its management's projections, then today's drop is a bargain opportunity. Meanwhile, if you think the reason for First Solar's drop is tied only to the company specifically, then rival SunPower (NASDAQ: SPWR ) , which is the efficiency leader in the U.S. solar market and which has fallen almost 4% in concert with First Solar today, could be the better buy.
- [By Sue Chang]
First Solar Inc. (FSLR) late Thursday reported third-quarter adjusted profit of $2.28 a share, crushing the average estimate of $1.05 a share forecast by analysts. Shares of the solar-energy company jumped over 8% in after hours.
- [By Travis Hoium]
Contrast to U.S. suppliers
Take Trina's numbers and contrast them with recent reports from First Solar (NASDAQ: FSLR ) and SunPower (NASDAQ: SPWR ) . Both stocks have jumped in 2013 because they're reporting higher profits than expected as their end markets stabilize. This is a stark contrast to what we're seeing in China.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-solar-stocks-to-buy-right-now-3.html
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