Monday, December 19, 2016 11:07:18 AM
Continuing my call from 11/17 - I believe this is still a great entry point ($35) for FSLR.
Trump's 35% tax shot-over-the-bow for products manufactured overseas and shipped into the country bodes extremely well for First Solar, which will manufacture the new Series 6 module for North American consumption in Ohio (and overseas consumption primarily in Malaysia). I predict that these modules, which will further extend First Solar's lead in efficiency and durability over the Chinese, will produce even higher margins than reported due to the tax (ie the Chinese will not be able to compete in the US, period).
I am also predicting normal positive updates from FSLR management over the next 6-12 months regarding the timing for production of the Series 6 modules, which I believe will begin to roll off the production line in Ohio much earlier than previously reported (I previously predicted full production by Q1 2018). I believe there is a strong possibility that these modules will also surprise on efficiency.
My 12-month target on FSLR is $55. GLTA
Recent FSLR News
- First Solar, Inc. to Announce First Quarter 2024 Financial Results on May 1, 2024 • Business Wire • 04/04/2024 09:35:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:20:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:18:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:17:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:14:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:13:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:10:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:07:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:05:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:04:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 05:37:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 03:54:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:18:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:14:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:34:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:33:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:32:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:30:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:29:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:29:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:28:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:27:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 05:27:31 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 04:08:55 PM
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