Increased solar installation activities across the United States in recent times should bode well for U.S. solar stocks.  The Inflation Reduction Act (IRA) benefits have been proven to be a solid growth catalyst for U.S. solar stocks and are expected to continue to boost the industry in the near term. However, declining module pricing and an expected decline in residential installation might continue to hurt their near-term prospects to some extent. Nevertheless, considering the impressive projections for s ...

grandriver/E+ via Getty Images Investment Thesis In spite of my pen name, a non-dividend-paying growth business can still catch my interest if the investment thesis is compelling enough. First Solar (NASDAQ:FSLR) is an example of such a business, and I currently rate the stock a Buy because I believe that the current stock price offers a reasonable valuation for a high-quality, high-growth business with some margin of safety. There are many reasons why I like First Solar and why I recently added to my p ...

This is an election year in the United States, and it’s increasingly looking as though U.S. citizens will be treated to a Biden-Trump rematch. If President Joe Biden can successfully surmount his opponent, investors should expect a continuation of the well-known Biden administration’s legislative achievements. Notably, the administration has signed several legislations, including the CHIPS Act, the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act. All of these have earmarked bill ...

First Solar (FSLR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this largest U.S. solar company have returned -12.6% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Solar industry, to which First Solar belongs, has lost 19.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ...

The global shift towards sustainability and clean energy technologies has sparked a new green energy revolution. Over the next few decades, the global energy mix will be flipped on its head. Government’s around the world are working together to cut global GHG emissions and transition towards more green energy sources, and these green energy stocks will be the first to benefit. The U.S. is making bold steps to make this happen with the Inflation Reduction Act signed into law in August 2022. This includes bol ...

The latest trading session saw First Solar (FSLR) ending at $148.87, denoting a -1.71% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq added 0.36%.Shares of the largest U.S. solar company have depreciated by 11.91% over the course of the past month, underperforming the Oils-Energy sector's loss of 5.22% and the S&P 500's gain of 2.4%.The upcoming earnings release of First Solar will be of g ...

First Solar (FSLR) closed the most recent trading day at $151.46, moving +1.03% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 0.43%.Shares of the largest U.S. solar company have depreciated by 12.02% over the course of the past month, underperforming the Oils-Energy sector's loss of 5.56% and the S&P 500's gain of 2.08%.The upcoming earnings release of First Solar ...

TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) today announced that it has acquired a 1.2 million square foot facility in Troy Township, Ohio. The facility, formerly known as Peloton Output Park, is expected to be repurposed into a new distribution center serving First Solar’s Ohio manufacturing footprint, which comprises three manufacturing facilities with a combined annual nameplate capacity of approximately 6 gigawatts (GW) of capacity at the end of 2023. “As we prepare to expand our ...

First Solar (FSLR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this largest U.S. solar company have returned -3.3%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Solar industry, which First Solar falls in, has lost 13.6%. The key question now is: What could be the stock's future direction?Wh ...

Renewable energy stocks had a rough year in 2023. The iShares Global Clean Energy ETF (NASDAQ:ICLN), which holds some 135 different clean energy public companies, fell more than 20% in 2023. Similarly, the Global X Solar ETF (NASDAQ:RAYS), which holds about 54 different solar names, plummeted 35.1%. Renewable energy companies had not convinced equities traders and investors that they were worth investing in last year, especially as U.S. oil and gas prices continued to hit new lows. Nonetheless, we have come ...