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First Solar Stock Could Still Have Room to Run

TheMotleyFool 
0 0 30.11.17
First Solar Stock Could Still Have Room to Run
 
First Solar Stock Could Still Have Room to Run

First Solar (NASDAQ: FSLR) stock has more than doubled in the past year on stronger-than-expected solar demand for the industry overall. And it hasn't hurt that the fear of solar tariffs has given developers an incentive to lock up First Solar's tariff-free panels in long-term contracts. 

There's also reason to think First Solar's stock has room to run higher, because conditions in the solar industry more broadly look favorable and are especially likely to help First Solar in particular. Here's how shares could get a further boost. 

Image source: First Solar.

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Source: Fool.com

First Solar Inc. Stock

€203.80
4.290%
A very strong showing by First Solar Inc. today, with an increase of €8.38 (4.290%) compared to yesterday's price.
The stock is one of the favorites of our community with 39 Buy predictions and 1 Sell predictions.
As a result the target price of 222 € shows a slightly positive potential of 8.93% compared to the current price of 203.8 € for First Solar Inc..
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