First Solar Stock Is Up 100%. Is There More Room to Run?

By Travis Hoium – Jun 15, 2024 at 9:45AM

NASDAQ: FSLR

First Solar

Market Cap

$24B

Today's Change

(-9.79%) -$24.46

Current Price

$225.46

Price as of June 28, 2024, 4:00 p.m. ET

Shares are on fire, but have they gone too far?

First Solar (FSLR -9.79%) has been the hottest stock in the solar industry, and for good reason. The company has expanded margins and revenue is growing, but have shares gotten ahead of the business? Travis Hoium covers the company's trends and valuation and explains why he may sell shares.

*Stock prices used were end-of-day prices of June 12, 2024. The video was published on June 14, 2024.

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.