First Solar jumps on strong quarter, record backlog in rare bright spot for beaten-down renewable sector
Publishing timestamp: 2024-02-28 12:35:49
Summary
First Solar has weathered the downturn in the solar sector, with a record order backlog and strong financial performance. Analysts are optimistic about the company's future growth potential, although potential headwinds such as changes to U.S. tax credits and oversupply in the solar module market could pose risks.
Sentiment: POSITIVE
Keywords: business news, breaking news: markets, guggenheim solar etf, markets, energy, first solar inc,