First Solar (NASDAQ: FSLR) is one of the best companies in the solar industry. But after a strong run the last few years, the company is reporting less backlog and profits may come under fire due to subsidy reductions. In this video, Travis Hoium looks at the company’s trends and why now may be a great time to sell the stock.
*Stock prices used were end-of-day prices of Dec. 7, 2024. The video was published on Dec. 9, 2024.
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Travis Hoium has positions in 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 some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
