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JoaquinEsteban
Oct 31, 2016 6:00 PM

BUY First Solar inc (Fundamentals) Long

First Solar, Inc.NASDAQ

Description

I believe 2017 is gonna be the year for this stock. Solar panels are gonna be a boom. The renewable energy is growing exponentially and many countries parlaments are pressuring government to invest in this kind of energies(example Argentina). And not only countries, but companies are demanding solar panels aswell(TESLA example) To me its pretty clear that the sales of the company are gonna increase every Quarter. I will make a price target for 2017 when the next earnings report is posted.

We clearly see on the chart that the price is already moving up since late september. Does somebody know something we dont?

Comment

Closed position here. Got other better options

Trade closed: target reached

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