Is First Solar a Top Solar Stock?

By Travis Hoium – Apr 17, 2013 at 4:06PM

NASDAQ: FSLR

First Solar

Market Cap

$19B

Today's Change

(-1.46%) -$2.62

Current Price

$177.48

Price as of April 24, 2024, 4:00 p.m. ET

Higher guidance and efficiency make First Solar a top solar stock.

First Solar (FSLR -1.46%) recently announced that earnings for 2013 would be higher than expected and that it will acquire a high-efficiency module company. This changes the strategic position of First Solar and should give investors more confidence in the future. But is this the stock you should buy? The Motley Fool's Erin Miller sat down with Motley Fool contributor Travis Hoium to find out.

Erin Miller has no position in any stocks mentioned. Motley Fool contributor Travis Hoium manages an account that owns shares of SunPower. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, and Long Jan 2015 $15 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.