5 New Stocks to Buy In 2021 According to Jos Shaver’s Electron Capital

3. First Solar Inc. (NASDAQ:FSLR)

Electron Capital Partners’ Stake Value: $40.8 million

Percent of Electron Capital Partners’ Portfolio: 1.97%

Number of Hedge Fund Holders: 31

First Solar, Inc. (NASDAQ:FSLR), headquartered in Arizona, operates in the solar energy industry. It provides photovoltaic solar energy solutions, including modules and systems. The company operates internationally with significant operations in the US, Canada, France, Australia, India, and Japan. It was founded in 1999.

According to the database of Insider Monkey tracking 873 hedge funds in Q2 2021, 31 have stakes in First Solar, Inc. (NASDAQ:FSLR), worth $317 million. This number has increased from 24 in the Q1 of 2021, worth $304 million.