Back to top
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Bear Of The Day: First Solar (FSLR)
I hate to rain on the solar parade, but even the sunniest sector can cast a shadow—and right now, that shadow’s falling squarely on First Solar (FSLR - Free Report) . Once the golden child of American clean energy, FSLR has lately been looking less like a renewable rocket and more like a deflating weather balloon.
Today’s Bear of the Day, First Solar is a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.
The stock is currently a Zacks Rank #5 (Strong Sell). The reason for the unfavorable rank does not stem from growth expectations or anything like that. Rather, it’s because twelve analysts cut their expectations for the current year while eleven have done so for next year.