Reported 4 months ago
The article discusses how First Solar (NASDAQ:FSLR) is cheaply valued and benefiting from AI-driven electricity demand, leading to a recent surge in its stock price. UBS identified First Solar as a major winner in the AI sector, and China's decision to end price wars in the solar industry is expected to benefit established players like First Solar. Analysts have raised price targets for the company, projecting significant earnings per share growth by 2027. Despite some downside risk according to average price targets, First Solar's cheap valuation and potential for growth make it an attractive investment.
Source: YAHOO