First Solar, Inc. (FSLR)

On a technical basis, at $121+ FSLR is way oversold. Since the 3Q earnings report on Oct 28, FSLR has had downgrades, negative press, and reduced revenue and EPS estimates.
Although there is a burgeoning price war among the polysilicon makers and increasing competition, causing polysilicon prices to plunge, First Solar's cost structure is the lowest in the solar industry. This selloff is overdone and the stock is due for a snapback rally to around 140 or so.

from fools
"Suntech Power, Energy Conversion Devices, and First Solar are among the companies whose investors have found that without the helping hand of government, they simply can't compete with other forms of energy. With solar also facing a supply glut of polysilicon, wafers, and PV panels, it may just take industry consolidation to sort out the problems."

The green industry is growing fast, and FSLR is at the top of the "solar shoot". They are the most efficient money wise in producing solar cells compared to anyone else in their industry.

low cost leader in growing industry, should not have fallen this much just because of an earnings miss. The news is not as bad as the market thought.

Mmm...solar energy...

I understand we are in a new era of corporate culture at first solar. Only dedicated (if overworked) people remain. Solar is not just coming, it is here and it is profitable and growing rapidly.

Growth stock that was punished.

Upthumb. Excellent cash flow. Very high historical sales growth of 200%. However, slowing sales in recession. But company technology is best-in-class. High gross margins. Soaring receivables. Reports of balance sheet and sales games. Need to get through the controversy.

Leader in it's industry. No one can compete on cost. Once the economy turns around in a year or so and investment starts up again First Solar has the capacity to capitalize unlike competitors.

If their technology is proved second rate they have the capital to buy up competitors to catch up.

Down to a reasonable multiple and into the S&P 500. Solar is now highly commoditised but I would imagine that First Solar remain as one of the market leaders.

combination of 2 things here:

1. Operational excellence
2. Still some market opportunity that hasn't been factored into the price.

Cost advantage of thin-film has been erased by the drop of polysilicon, putting FSLR in a commodity pricing environment against the PV makers.

BEST OF BREED SOLAR PLAY!

I have been studying everything about this stock for hours. Opinions, balance and income sheets, news articles, etc. No stock is guaranteed to go up, but for the life of me I cannot figure out why this isn't trading higher than $225. This looks better than AAPL, ISRG, UA, and SUNH (all which have treated me good). I'm tempted to invest 20% of my net worth into this one company. SOMEONE PLEASE SHOW ME WHY I AM WRONG BEFORE I BUY HUNDREDS OF SHARES WITH REAL MONEY.

See previous reasons.

Tremendous growth ahead, and very reasonable record low P/E for the stock. Even if competitors emerge strongly, there is plenty of demand for this one ahead. If the promise of growth continues, then the investment will become unbeatable.

There has been recent reports from Yahoo finance that growth for solar panel shipments can range from 5 to 60 percent in the next year. Only some companies will obviously have 60% growth, but First Solar was one of the companies mentioned in the article for potantial growth.

First Solar (FSLR) is a high growth company in an emerging renewable energy industry. The Company has
embarked on an ambitious production capacity expansion plan as countries around the world begin the process
of converting to sustainable energy economies. Module production has increased 144% from last year and the
Company shipped its first gigawatt in March 2009. Technological innovation continues to be made with
sustainable energy being as cost effective as fossil fuels. Module manufacturing cost per watt decreased 12% to
an important milestone below $1 per watt. The Company’s production capacity enables it to possess an
excellent economy of scale as they reduce production costs and increase production capacity. First Solar is an
international company with facilities and projects in the United States, Germany, Italy, France, Spain, and
Malaysia. Extremely high growth has been achieved with revenues increasing 880% from 2004 and profits
increasing 860% since its first profitable year in 2006. Returns on equity and profit margin are a healthy 19.83%
and 33.94% respectively. The Company has a huge amount of liquid assets indicated by a current ratio of 3.4.
First Solar could pay all its long-term debt within 4 months on just profit alone. This indicates First Solar is able
to make heavy capital investments without taking on too much debt risk. A PE ratio of 19.61 is below the
industry average indicating undervaluation. First Solar is valued at $242.00 for FY2009. With a current price of
$133.09 (September 14, 2009), the stock is 81.83% undervalued for the fiscal year. The Company does not pay
a dividend. PB and PS ratios are both above the industry average. Free cash flow may be negative this year
though First Solar had its first positive free cash flow in 2008. Risks include increases in credit interest rates,
reliance on a small number of customers and suppliers, lack of long-term operating history, intense competition
which could result in oversupply, new product risks, technological risks, macroeconomic difficulties, reduction
of governmental renewable energy subsidies, etc.

http://betapeg.com/stock_picks__reports

This stock is so shady that I can no longer trust their ability to assess their own finances. Just to meet the earnings expectations they set up seperate entities and basically bought their own product to put it on their balance sheet. This is the same principle what Enron did only not to the extent.