Jul. 18 at 5:20 PM
$FSLR $TAN
Net Cash Position:
$2.00 billion (8.3% of Market Cap)
Why Should You Buy FSLR?
Annual revenue growth of 23.3% over the past two years was outstanding, reflecting market share gains this cycle
Free cash flow flipped to positive over the last five years, indicating the company has passed a significant test
Rising returns on capital show management is finding more attractive investment opportunities
First Solar's stock price of
$223.44 implies a valuation ratio of 11.5x forward P/E. https://finance.yahoo.com/markets/stocks/articles/2-cash-heavy-stocks-buy-142522104.html