First Solar Is Eyeing Long-Term Growth
The solar industry has felt pressure from a number of sides recently as interest rates rise and commodity and labor costs increase. That's sent solar stocks plummeting, and there are questions about the industry's trajectory.
What First Solar (NASDAQ: FSLR) confirmed with its recent earnings report is that the solar industry is alive and well. Profits may be turbulent, but demand for solar products is improving, and there could be significant growth ahead.
Image source: Getty Images.
Source Fool.com