Here's How Canadian Solar Inc. Crushed It in 2017
Shares of Canadian Solar (NASDAQ: CSIQ) are up 50% so far in 2017, a surprising result for a company that's barely making money. But the performance was driven largely by low expectations coming into the year and solar energy's surprisingly strong year.
What's less clear is if Canadian Solar's performance will continue into 2018. Here's a look at why 2017 was so good and what to expect next year.
Image source: Getty Images.
Source: Fool.com
Canadian Solar Inc. Stock
€16.22
-0.700%
Our community is currently high on Canadian Solar Inc. with 10 Buy predictions and 4 Sell predictions.
Based on the current price of 16.22 € the target price of 44 € shows a potential of 171.35% for Canadian Solar Inc. which would more than double the current price.
