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Enter Symbol:
 
First Solar, Inc. (FSLR) [hlAlert]

Rating:
Buy FSLR
up 17.89 %

First Solar, Inc. (FSLR) rated Buy with price target $51 by Argus

Posted on: Friday,  Aug 9, 2013  10:25 AM ET by Argus

Argus rated Buy First Solar, Inc. (NASDAQ: FSLR) on 08/09/2013, when the stock price was $40.58. Since
then, First Solar, Inc. has gained 17.89% as of 01/15/2016's recent price of $47.84.
If you would have followed this Argus's recommendation on FSLR, you would have gained 17.89% of your investment in 889 days.

First Solar, Inc. designs and manufactures solar modules using a thin film semiconductor technology. Its solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It has long-term solar module supply contracts (the Long Term Supply Contracts) with 12 European project developers and system integrators. Its customers develops, owns and operates solar power plants or sells turnkey solar power plants to end-users that include owners of land, owners of agricultural buildings, owners of commercial warehouses, offices and industrial buildings, public agencies, municipal government authorities, utility companies, and financial investors that desire to own large scale solar power plant projects.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/9/2013 10:25 AM Buy
None
40.58 51.00
as of 12/13/2013
1 Week down  -7.27 %
1 Month down  -16.21 %
3 Months up  40.73 %
1 YTD up  32.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2013 9:25 AM Buy
None
44.75 55.00
5/7/2012 10:25 AM Hold
None
16.82
9/28/2010 9:25 AM Buy
None
150.45 180.00
2/3/2009 8:25 AM Buy
None
142.06 209.00

(*) Stock Price at the time of the recommendation.
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