First Solar, Inc. (FSLR) No Longer the Shining Star of Solar Stocks

What SolarCity Corp (NASDAQ:SCTY) and SunPower are transitioning to is an energy solution model, where they provide energy monitoring, storage, efficiency, as well as solar modules. In the utility space, First Solar is just competing on cost, but in an effort to improve efficiency in the residential market is why First Solar bought TetraSun.

First Solar stock priced for perfection
Combine all of the factors above with the fact that First Solar, Inc. (NASDAQ:FSLR)’s stock is trading at 11 times trailing earnings, and the only conclusion is that it’s asking a lot of the company’s growth. Unless First Solar can start up TetraSun’s production without hiccups, and fill backlog more quickly in coming quarters, I don’t think it looks like a value.

The article First Solar No Longer the Shining Star of Solar Stocks originally appeared on Fool.com and is written by Travis Hoium.

Fool contributor Travis Hoium owns shares of SunPower in personal and managed accounts and personally has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, Long Jan 2015 $15 Calls on SunPower, and Long Jan 2015 $25 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned.

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