Why the Hottest Solar Energy Stock May Cool Down

By Travis Hoium – May 7, 2024 at 11:13AM

NASDAQ: FSLR

First Solar

Market Cap

$21B

Today's Change

(1.53%) $2.97

Current Price

$197.59

Price as of May 17, 2024, 4:00 p.m. ET

First Solar's position in the market isn't as strong as it once was.

The one solar energy company that's been insulated from the downturn in the market has been First Solar (FSLR 1.53%), and it's done so by being focused on unique technology and the utility-scale market. But the dynamics that have insulated First Solar are starting to shift, which Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of April 4, 2024. The video was published on May 6, 2024.

Travis Hoium has positions in First Solar. The Motley Fool recommends First Solar. 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.