First Solar (FSLR 0.17%) saw its profits fall by almost half last year, while the stock trades near its all-time high. Moreover, it's actually really attractive at these prices. So what gives? In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down First Solar's huge advantages, including a massive pile of cash, a profitable business model, and a giant backlog of orders it must expand to fill. 

*Stock prices used were from the afternoon of March 2, 2023. The video was published on March 23, 2023.