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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is First Solar, Inc. (FSLR) the Best Solar Energy Stock to Buy According to Hedge Funds?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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80% Informative

The overall energy industry has fallen by almost 8% since the beginning of the year .

Solar energy has emerged as a leading candidate in the current global green transition’, thanks in large part to its cost, reliability, availability of supply chain, and speed of construction.

Solar and storage accounted for 84% of all new electric generating capacity added to the grid last year .

First Solar, Inc. (NASDAQ:FSLR) ranks 1st on our list of the best solar energy stocks to buy according to hedge funds.

The company's Q4 EPS of $ 3.65 fell below expectations by $ 1.08 due to potential challenges in cost management and unforeseen expenses.

FSLR 's overall net income for the full-year 2024 still surged by a hefty 55.5% YoY.

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