FSLR: First Solar, Inc.
About
First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
Current Value
$187.161 Year Return
Current Value
$187.161 Year Return
Key Details
Market Cap
$20.06B
P/E Ratio
16.14
1Y Stock Return
18.13%
1Y Revenue Growth
21.77%
Dividend Yield
0.00%
Price to Book
2.6
Strategies that include FSLR
Stock's related to FSLR
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| RUN | 65.77% | $2.18B | -16.08% | 0.00% |
| ENPH | 65.33% | $8.29B | -37.59% | 0.00% |
| CSIQ | 59.88% | $731.89M | -46.36% | 0.00% |
| ARRY | 57.43% | $926.85M | -60.03% | 0.00% |
| SEDG | 56.91% | $606.45M | -86.74% | 0.00% |
| NXT | 52.74% | $5.23B | -7.21% | 0.00% |
| AMRC | 49.88% | $1.39B | -4.40% | 0.00% |
| JKS | 48.65% | $1.07B | -40.03% | 0.00% |
| SHLS | 48.11% | $691.80M | -70.53% | 0.00% |
| ORA | 47.20% | $4.80B | +20.68% | 0.61% |
| NOVA | 46.91% | $429.84M | -67.33% | 0.00% |
| AES | 46.71% | $9.78B | -17.86% | 5.04% |
| BLDP | 44.41% | $398.23M | -61.89% | 0.00% |
| NEP | 43.87% | $1.48B | -32.95% | 22.91% |
| BEPC | 43.34% | $11.50B | +18.73% | 4.57% |
| CWEN | 42.96% | $3.26B | +22.27% | 5.84% |
| DQ | 41.14% | $1.20B | -29.81% | 0.00% |
| BEP | 40.81% | $7.22B | +4.20% | 5.54% |
| PLUG | 40.67% | $1.75B | -46.14% | 0.00% |
| BLNK | 40.63% | $156.82M | -57.53% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PG | -0.04% | $402.15B | +14.14% | 2.33% |
| TPST | -0.05% | $37.75M | -77.59% | 0.00% |
| ELV | 0.05% | $91.42B | -16.23% | 1.61% |
| SMMT | -0.18% | $14.74B | +910.10% | 0.00% |
| CI | 0.31% | $89.70B | +12.57% | 1.68% |
| GILD | 0.41% | $109.36B | +17.49% | 3.47% |
| WHLM | -0.43% | $17.64M | -29.34% | 0.00% |
| WTW | 0.46% | $30.98B | +26.60% | 1.13% |
| CB | -0.53% | $114.43B | +26.00% | 1.24% |
| EDSA | 0.54% | $7.11M | -21.79% | 0.00% |
| K | 0.64% | $27.77B | +52.50% | 2.79% |
| PRPH | -0.65% | $18.14M | -82.61% | 0.00% |
| GYRE | 0.68% | $1.21B | +1.49% | 0.00% |
| RELY | -0.70% | $3.96B | -7.42% | 0.00% |
| XBIT | -0.78% | $203.32M | +87.36% | 0.00% |
| CMBT | -0.81% | $2.46B | -29.63% | 13.05% |
| GRAL | 0.94% | $459.22M | -13.00% | 0.00% |
| DXCM | 0.96% | $29.25B | -31.28% | 0.00% |
| NLOP | 0.97% | $458.04M | +94.60% | 0.00% |
| REYN | 0.99% | $5.79B | +3.76% | 3.35% |
ETF's related to FSLR
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAN | 76.56% | $864.71M | 0.67% |
| ICLN | 76.14% | $1.69B | 0.41% |
| ACES | 67.83% | $124.79M | 0.55% |
| QCLN | 66.96% | $574.08M | 0.59% |
| ERTH | 63.10% | $162.01M | 0.67% |
| PBD | 62.05% | $89.54M | 0.75% |
| PBW | 60.13% | $301.18M | 0.65% |
| FAN | 55.04% | $163.64M | 0.6% |
| HDRO | 53.56% | $164.26M | 0.3% |
| EFAA | 47.94% | $117.38M | 0% |
| AIRR | 47.70% | $2.51B | 0.7% |
| GRID | 44.92% | $1.94B | 0.57% |
| VBK | 43.41% | $19.31B | 0.07% |
| DRIV | 42.97% | $417.14M | 0.68% |
| IMCG | 42.56% | $2.42B | 0.06% |
| NUSC | 42.56% | $1.27B | 0.31% |
| VXF | 42.54% | $21.54B | 0.06% |
| ISCG | 42.52% | $640.00M | 0.06% |
| SCHM | 42.51% | $11.59B | 0.04% |
| BATT | 42.45% | $70.90M | 0.59% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -38.91% | $388.04M | 1.43% |
| USDU | -26.53% | $201.97M | 0.5% |
| UUP | -24.12% | $309.25M | 0.77% |
| VIXY | -21.89% | $195.31M | 0.85% |
| CTA | -17.01% | $350.27M | 0.78% |
| AGZD | -9.44% | $142.76M | 0.23% |
| EQLS | -7.67% | $76.08M | 1% |
| TAIL | -7.66% | $67.98M | 0.59% |
| BILZ | -7.28% | $563.02M | 0.14% |
| KMLM | -5.56% | $353.87M | 0.9% |
| IAK | -5.32% | $760.79M | 0.39% |
| XBIL | -5.30% | $637.70M | 0.15% |
| MINT | -3.66% | $11.62B | 0.35% |
| XHLF | -3.30% | $874.27M | 0.03% |
| FMF | -3.27% | $244.61M | 0.95% |
| BOXX | -1.40% | $4.43B | 0.1949% |
| WEAT | -1.33% | $120.27M | 0.28% |
| GBIL | -0.48% | $5.60B | 0.12% |
| DBMF | -0.27% | $1.02B | 0.85% |
| TBIL | -0.02% | $4.38B | 0.15% |
News
Yahoo
The solar manufacturer's revenue declined 10.8% year over year as the clean energy regulatory environment remains unstable.
Yahoo
As markets (^DJI,^GSPC, ^IXIC) cool from the rally fueled by former President Donald Trump's reelection, F/m Investments senior vice president and senior portfolio manager Francisco Bido joins Wealth! Host Brad Smith to discuss his strategy amid current market conditions ahead of Trump's second term in the White House. Bido indicates he expects the market's "choppiness" to continue, given ongoing geopolitical uncertainty with Ukraine launching US-made missiles into Russia after receiving the OK from US President Joe Biden, saying, "That's going to be part of life in 2025." The strategist says, "I like three companies in particular. I like First Solar (FSLR). I like AMD (AMD). And I like Burlington (BURL). And for different reasons." Bido explains, "First Solar is super interesting for me because I think the combination of Trump and Elon Musk is good for solar." He adds, "I think AMD is a good buy. You know it has the right earnings and revenue acceleration despite the fact that it just took a little bit of a downturn." The strategist says Burlington is also "a good pick" because "it's in the retail space. And if you think about it, I'm going a little bit diversified here, poking in all different directions." Watch the video above for more on Bido's strategy and why he chose First Solar, AMD, and Burlington as top picks. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.
SeekingAlpha
First Solar is a strong investment choice with superior technology, government support, and robust financial performance. See our bullish thesis on FSLR stock.
Finnhub
NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. . Such investors are advised to contact Danielle Peyton at...
Yahoo
We recently compiled a list of the 10 Most Promising Energy Stocks According to Hedge Funds. In this article, we are going to take a look at where First Solar, Inc. (NASDAQ:FSLR) stands against the other promising energy stocks. In the next decade, global power demand is expected to grow by over 30%, largely fueled by […]
Yahoo
According to the average brokerage recommendation (ABR), one should invest in First Solar (FSLR). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.