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Stock impact report

First Solar Could Become Rare Market Bright Spot [Seeking Alpha]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Seeking Alpha
Summary This $5.4 billion market cap photovoltaic module manufacturing company may interest growth-oriented energy, utility supply, and ESG investors. It does not pay a dividend. A new Covid-19 hot spot is Iran, near the site of a Chinese solar installation. First Solar's business is mostly domestic. Challenges for Chinese solar competitors may benefit FirstSolar. Despite the eventual expiration of a tax credit, state solar targets and mandates through 2050 suggest ample U.S. utility demand for solar; U.S-based First Solar is a logical supplier. Any investment decisions should factor in current negative overall market momentum, given the large declines in the last few days. The market drop reflects extreme concern over the breadth and length of the Covid-19 virus’ impact on business and trade, especially with China. Global resulting impact could be over $1 trillion A recent jolt has been increased infections and casualties outside of China Indeed, the source of Covid-19 virus cluster Show less Read more
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