First Solar Stock Is Up 100%. Is There More Room to Run? - The Motley Fool
First Solar Stock Is Up 100%. Is There More Room to Run? | The Motley Fool
First Solar ( FSLR-6.16%) has been the hottest stock in the solar industry, and for good reason. The company has expanded margins and revenue is growing, but have shares gotten ahead of the business? Travis Hoium covers the company's trends and valuation and explains why he may sell shares.
*Stock prices used were end-of-day prices of June 12, 2024. The video was published on June 14, 2024.
Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.