Why First Solar’s Tariff Windfall May Not Be as Big as You Think
There's a general view in the market that First Solar (NASDAQ: FSLR) is going to be the biggest winner among the solar companies if the Trump Administration puts tariffs on solar imports. Logically, that seems to be true because the company's thin-film panels aren't included in the trade case and First Solar has the biggest solar manufacturing plant in the country.
What that view doesn't take into account is the amount of product in 2018 (when tariffs would take effect) and beyond that First Solar has already booked. It may not be getting as big a windfall as most investors are expecting.
Image source: First Solar.
Source: Fool.com
Tesla Inc Stock
€213.60
5.560%
Our community is currently high on Tesla Inc with 74 Buy predictions and 28 Sell predictions.
With a target price of 248 € there is a slightly positive potential of 16.1% for Tesla Inc compared to the current price of 213.6 €.
