New subsidies could be a boost for parts of the solar industry.
First Solar (FSLR -2.09%) went crazy late last week on news of finalized subsidy rules that could help domestic solar manufacturers. But in the video below, Travis Hoium highlights why that may not be the best stock for investors looking to get a boost from new subsidies.
*Stock prices used were end-of-day prices of May 12, 2023. The video was published on May 15, 2023.
Travis Hoium has positions in First Solar and SunPower. The Motley Fool recommends Enphase Energy, First Solar, and SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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