Tuesday, December 22, 2009

First Solar is Top Growth Stock for 2010

First Solar, Inc. (FSLR) has been selected by thestockmasters.com has one of the top growth stocks for 2010:

First Solar (FSLR)
NFY (Next Fiscal Year) Revenue Growth: 32.78%
I have nothing new to add to the Solar Energy argument. However, I will say that FSLR is a well run company and Wall Street expects Revenue to grow 32.78% in 2010. That’s pretty big for a company that already generates $1.86B on an annual basis. Just looks at the fundamentals on FSLR, Profit Margins are generous, Revenue and Earnings are growing like nobody’s business. First Solar is the kingpin and best of breed of Solar Stocks. This week they released news of a major capacity expansion. With such a strong financial profile, it's no surprise that First Solar is comfortable expanding its current capacity by nearly 50%.


www.thestockmasters.com

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