First Solar (FSLR stock) has doubled this past year, with a market cap of $22 billion. Is the stock still a buy at these highs, or is it time to sell? In this video, I'll make predictions about First Solar's future and go through FSLR's most recent annual report and Q2 financial statements.

First Solar manufactures photovoltaic solar panel modules. Separating First Solar from others in the industry is their focus on thin film Cadmium Telluride (CaTe) modules. Despite lower efficiency, these modules are cheaper to manufacture than conventional crystalline silicon modules. This is primarily driven by FSLR's modules only requiring 2% to 3% of the amount of semiconductor material used in crystalline silicon modules.

The company has several operational production facilities around the world, including 3 in the U.S., one in Malaysia, and one in Vietnam. FSLR is also building 2 more facilities in the U.S., one in India, and is expanding its existing facility in Ohio.

Although First Solar appears to have solid financials, I am not currently a shareholder of FSLR stock. I'd like to research more solar companies in the industry before purchasing a solar stock. Subscribe to the channel so you don't miss any of my future solar energy videos!

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Disclaimer:
The content of this video & its comment section is not financial advice. Stock Probe is not accountable for any financial losses of its viewers. Do your own research before making any investment decision.

Disclosure: I do not hold any positions in FSLR at the time of publishing.

#firstsolar #FSLR #investing

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Stock Probe by Calvin Moses
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