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First Solar, Inc. Message Board

  • mamboman1965 mamboman1965 Jun 9, 2010 2:08 PM Flag

    Case for Bullishness: Political Angle

    It's been a confusing few weeks for the solar trade. There have been multiple price target downgrades, and one reiterated target of $145 by Oppenheimer. FSLR believes business will continue to boom in light of their desire to double capacity at their Frankfurt plant.

    What I think all of the analysts are missing is the political angle in regards to clean energy. If an election were held today in the US, clean energy would top health care as the #1 election issue. Democrats would use "drill baby drill" against the Republicans, and both parties would propose huge subsidies for alternative energy - including solar.

    I'm betting that solar subsidies in Europe will NOT end because the voting public wants to embrace clean energy. Governments will simply give the people what they want to get re-elected.


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60.99-0.37(-0.60%)Feb 12 4:00 PMEST