close
close

The leading solar stock is up 100%. Is there more room to run?

The leading solar stock is up 100%.  Is there more room to run?

First solar (NASDAQ:FSLR) has been the hottest stock in the solar industry, and for good reason. The company has increased margins and revenue is growing, but has the stock taken over the company? Travis Hoium covers company trends and valuation and why he may sell shares.

*Stock prices used are closing prices on June 12, 2024. The video was published on June 14, 2024.

Should you invest $1,000 in First Solar right now?

Before buying First Solar stock, consider this:

THE Motley Fool Stock Advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now…and First Solar was not one of them. The 10 selected stocks could produce monster returns in the years to come.

Consider when Nvidia made this list on April 15, 2005…if you had invested $1,000 at the time of our recommendation, you would have $808,105!*

Equity Advisor provides investors with an easy-to-follow plan for success, including portfolio building advice, regular analyst updates, and two new stock picks each month. THE Equity Advisor the service has more than quadrupled the return of the S&P 500 since 2002*.

See the 10 values ​​»

*Stock Advisor returns June 10, 2024

Travis Hoium holds positions at First Solar. The Motley Fool recommends First Solar. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn extra money to support their channel. Their opinions remain their own and are not affected by The Motley Fool.