First Solar Inc Stock Forecast Returns 7.70% in 30 Days

First Solar Inc (FSLR)

First Solar was a top 10 stock pick recommended to I Know First subscribers on June 9th for the 1-month time horizon. FSLR had a strong signal of 36.87 and a predictability of 0.11. As predicted, FSLR surged 7.70%.

 

 

First Solar Inc. provide solar energy solutions through two segments, Components and Systems. The component segment designs, manufactures, and sells solar modules.  The Systems segment provides turn-key solar photovoltaic (PV) power systems, such as project development, operating and maintenance, and PV power system owners.  The Solar Energies Industries Associated reported a 79% jump in PV units installed year over year. This translated into a 26% revenue gain for FSLR and a 3% jump in their profit margin. First Solar has just received the approval for financing Latin America’s largest photovoltaic solar power plant.

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