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BLDR, FSLR & TSLA Among 16 Top Charts
Friday, August 14, 2020 - 10:06am | 356Builders FirstSource, Inc. (NASDAQ: BLDR) has a beautiful chart as it stair-steps its way higher. It looks to me like it's completed 4 waves, and started the 5th wave up on Wednesday with a pop of 3.30, or 12.2%, to 30.36 on 7.4 million shares traded. Watch for an extension to about 34. First...
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Outlook for Solar in the U.S. and Canada Brighter in 2013
Wednesday, June 12, 2013 - 8:26am | 539Solar installations in the U.S. increased by 33 percent in Q1, representing nearly half of all new electric capacity added during that period, according to Bloomberg. Washington-based Solar Energy Industries Association (SEIA) said in a statement issued Tuesday that it expects 5.3 gigawatts to...
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Citi Maintains Hold Rating On First Solar
Monday, June 27, 2011 - 7:57am | 130According to Citi, First Solar (NASDAQ: FSLR) Hold rating is maintained. Citi said that, with the credit committee having met last week, it expects the DOE to announce conditional commitments - possibly as early as this week - to 2, and perhaps all 3, of FSLR's outstanding loan apps. “Last week's...
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Bank Of America Reports First Solar Earnings Estimates
Monday, June 6, 2011 - 8:09am | 102According to Bank of America, First Solar (NASDAQ: FSLR) 2011 earning estimates remain at $9.65. Bank of America said that excess inventory in Europe may take until July/August to be worked off, causing a difficult 2Q for the solar industry. “First Solar should be in decent shape, however, given...
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Citi Reports Disappointing First Solar Results
Wednesday, May 4, 2011 - 7:28am | 271According to Citi, First Solar (NYSE: FSLR) maintains Hold rating for now. Citi said that by maintaining C2011 EPS guide but guiding CQ2 way below its/Street estimates, it's hard to see this as anything but a disappointing Q that creates a higher 2H risk profile. “While true, and lumpiness/...
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Auriga Reports Zero French Expectations On First Solar
Thursday, March 24, 2011 - 9:10am | 108According to Auriga, First Solar's (NASDAQ: FSLR) Hold rating is reiterated. Auriga reported that, while it makes no change to its model until a formal announcement about the French expansion is released, it briefly compares its current model against one that would not include the French facility...
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FSLR 4Q Costs Dropped $0.02 Sequentially, Piper Jaffray Reports
Friday, February 25, 2011 - 8:34am | 164First Solar, Inc. (NASDAQ: FSLR) 2011 guidance increases for the bottom line pointing to better margins than originally guided for, Piper Jaffray writes. “After 3Q10 manufacturing costs rose as efficiency improvements were implemented, 4Q10 costs dropped $0.02 sequentially with management...
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Wunderlich Raises PT On First Solar To $125
Wednesday, February 9, 2011 - 8:05am | 28Wunderlich Securities has raised the price target on First Solar, Inc. (NASDAQ: FSLR) from $90 to $125 and maintains its Sell rating.
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German Government's Proposed Subsidy Cut Hurts Solar Stocks
Wednesday, January 20, 2010 - 10:59am | 154Shares of solar company stocks were down after the German government proposed a 15% cut in subsidies that it provides to companies in the solar power industry. Although the move mostly affected German stocks, it was a setback for at least one American firm as well. The shares of Tempe, Ariz. based...