Analyst Recommends This Top AI Energy Stock – ‘Cheap Play on AI’

Core Viewpoint - First Solar, Inc. (NASDAQ:FSLR) is identified as a promising investment opportunity in the context of rising energy demands and supportive U.S. energy policies, particularly in relation to AI and solar energy production [1][2]. Group 1: Analyst Insights - Doug Clinton from Deepwater Asset Management considers First Solar a cheap energy stock, emphasizing its potential role in addressing power shortages for data centers [1]. - The company is highlighted for its domestic manufacturing of solar panels, which aligns with current U.S. administration policies [1]. - First Solar is trading at a low double-digit EPS, suggesting it is undervalued in the context of AI-related investments [1]. Group 2: Market Position and Demand - Ariel Global Fund notes that First Solar is the only U.S.-based solar module manufacturer of scale, positioning it to benefit from increasing AI power demands and "America First" energy policies [2]. - The company is reported to be sold out through 2026, indicating strong demand for its products [2]. - As the final rules of the Inflation Reduction Act become clearer, First Solar's contract wins are expected to accelerate, particularly as developers aim to secure capacity for subsidies [2].