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First Solar's Massive Subsidy Risk Exposed

TheMotleyFool

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First Solar's Massive Subsidy Risk ExposedPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.midjourneyapi.xyz/temp/138548fd-aba2-4b3e-b9ee-93725b372952.png

First Solar (NASDAQ: FSLR) is one of the most valuable companies in the solar industry, but U.S. subsidies drive its profits. Is that sustainable? Travis Hoium uses recent numbers from the company to show why this may be the top for the stock.

*Stock prices used were end-of-day prices of Nov. 4, 2024. The video was published on Nov. 4, 2024.

Source Fool.com