2024-07-16 10:30:43 ET
Summary
- Solar stocks have fallen due to concerns over IRA subsidies and political factors.
- First Solar stands out with operational excellence, superior technology, and strong growth potential.
- Despite risks, FSLR appears undervalued at current prices, offering a good buying opportunity with technical support and growth prospects.
Thesis Summary
Solar stocks have taken quite a beating in the last few months. Some of it has to do with fundamental business reasons, while politics has also become an important factor.
The current dip allows us to get exposure to quality solar companies, and there is none better, in my opinion, than First Solar ( FSLR )....
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For further details see:
First Solar: I'm Buying The Solar Dip Hand Over Fist