Filed under: Stocks to Buy, Technology
For long-term plays, the preferred investment is a company with a demonstrated business model (10 years), in an established market, with an average total annual return on equity of 20% during that span.
To be sure, First Solar (NYSE: FSLR) does not fit that profile, but it’s worth a review, given both macro fundamentals and the company’s outlook. Note: Underscoring, this is a high-risk stock.
First Solar uses an advanced, thin-film technology which uses cadmium telluride semiconductor material to convert sunlight into electricity. With a global polycrystalline silicon shortage holding back some producers of solar cells, First Solar’s glass as substrate, coated with cadmium telluride can march ahead, while others await their raw materials.
Continue reading First Solar: Potential, but not for the squeamish
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