Buy First Solar Stock on the Dip. Solar Energy Will Be Too Good an Opportunity for President-Elect Trump to Pass Up.

Core Viewpoint - The growth of solar power is unstoppable despite political uncertainties, and First Solar is well-positioned to benefit from this trend [1][2][3] Industry Overview - Solar power production capacity in the U.S. grew a record-breaking 32.4 gigawatts last year, accounting for over half of the country's electricity-generating potential expansion [5] - The U.S. Energy Information Administration projects a 15% increase in electricity demand by 2050, with renewables like solar expected to contribute significantly to capacity growth [16] Company Positioning - First Solar has a backlog of 73.3 gigawatts of solar panels yet to be delivered, indicating strong demand despite recent stock price declines [11][12] - The company primarily serves the North American market and is largely insulated from potential tariffs due to its domestic manufacturing [10] Technological Advantage - First Solar's use of Cadmium Telluride (CdTe) photovoltaic panels offers durability and efficiency, making them attractive investments for utility-scale buyers [13] Market Sentiment - Despite recent stock price volatility, analysts maintain a strong buy rating for First Solar, with a consensus price target of $280.79, nearly 50% above its current price [17]