Clean energy stocks tanked on Trump's win. Should you buy the dip? [Fortune]
First Solar, Inc. (FSLR)
Last first solar, inc. earnings: 2/20 04:05 pm
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Source: Fortune
having their best day since 2022, investors fled renewables after America picked the “ drill, baby, drill ” candidate. But while many see Trump as a scourge for clean energy, some analysts believe the market has overreacted—and that quality stocks in the sector can be had at a bargain. One reason is that, while Trump has lambasted the environmental provisions in President Biden's Inflation Reduction Act (IRA) as the “Green New Scam,” it is unlikely to repealed. This is not least because the law, which included billions in subsidies for renewables, has contributed to a clean energy boom in several red states, particularly when it comes to wind and solar projects. Jay Hatfield, the CEO of Infrastructure Capital Advisors, believes the act will be modified, but he said existing providers should not have much to worry about. “There's going to be sensible development of wind and solar,” he told F ortune . “Is there a catalyst for people to all of a sudden get excited about it? Probabl
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News
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FSLR
Earnings
- 10/29/24 - Miss
FSLR
Sec Filings
- 11/8/24 - Form SC
- 11/4/24 - Form 4
- 10/31/24 - Form 144
- FSLR's page on the SEC website