|Bid||113.64 x 20000|
|Ask||114.06 x 20000|
|Day's Range||114.32 - 115.52|
|52 Week Range||54.18 - 118.50|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||30.23|
|Earnings Date||Apr 27, 2022 - May 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||99.16|
Shares of First Solar (NASDAQ: FSLR) have nearly doubled in a month on the back of strong earnings and the passage of the Inflation Reduction Act, and this may just be the start of the company's momentum. First Solar is building two new manufacturing plants at a time when solar panel prices are rising, and demand is growing around the world. The thin-film solar panels First Solar makes work better in extreme conditions, like in deserts or near coastlines, and that's allowed the company to charge a premium versus commodity crystalline silicon solar panels.
Clean energy related stocks have been the clear winners of the Democrats' climate bill called the Inflation Reduction Act (IRA). Solar panel makers, fuel cell manufacturers and energy storage companies all stand to benefit from the measure.
Yahoo Finance's Ines Ferré breaks down the stocks gaining the most in anticipation that the Inflation Reduction Act will be signed into law.