Jim Cramer on First Solar: “We Gotta Wait Another Quarter for That One”

Company Overview - First Solar, Inc. (NASDAQ:FSLR) specializes in manufacturing advanced thin-film solar modules, providing a cleaner and more sustainable alternative to traditional silicon panels [2] Recent Performance - The company recently reported a disappointing quarter, which has raised concerns among analysts and investors [1] - Jim Cramer highlighted the poor performance, indicating that it was a "really bad quarter" and suggested waiting for another quarter to reassess [1] Investment Sentiment - A caller mentioned purchasing shares of First Solar on margin at $275, to which Cramer advised against margin buying, stating that the stock is not strong enough to justify such a strategy [2] - The stock is currently trading at 16 times earnings, which Cramer acknowledged but still recommended cutting losses instead of holding on [2] Analyst Opinions - Freedom Capital has downgraded First Solar's stock, suggesting that while there is potential, other AI stocks may offer greater upside with less downside risk [3] - The discussion indicates a shift in focus towards undervalued AI stocks that could benefit from current market trends, such as tariffs and onshoring [3]