First Solar (FSLR) looks attractive.

Oversold, analysts at Barclays just upgraded the stock to an overweight rating. At the moment, they believe the FSLR stock trades at a sizable discount to competitors. 

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“In an environment where there is uncertainty around the trajectory of utility-scale growth, we think FSLR’s contracted backlog, domestic content advantages, and current valuation offers an attractive entry point,” they said, as quoted by CNBC.

About a month ago, analysts at Bank of America also reiterated a buy rating on the stock.  All thanks to FSLR’s attractive valuation and earnings potential.


Ian Cooper