First Solar Stock Flashing Intriguing Contrarian Signal
Alternative energy stock First Solar (FSLR) has quietly been on a tear this year, up over 55%. year to date and brushing off frequent political headwinds. While the rest of the broader market struggled this month, FSLR hit a Nov. 5, 12-month high of $281.55, and is headed for a seventh-straight monthly win and fifth consecutive daily gain. Amidst this rise, Despite conventional wisdom suggesting a cooling off period, the equity is also now flashing a quantitative signal that should intrigue contrarian trade ...