First Solar, Inc.
(NASDAQ:FSLR) is trading slightly higher at $13.72, +0.12 (0.90%) while the markets are taking a beating. The stock is trading at attractive valuation levels and is also a buyout target. In addition, recent tariff rules were passed in the United States on China solar companies. This tariff stands at approximately 30%. This makes First Solar one of the lowest cost solar producers around. The way this stock is trading in an ugly market makes it possible a bottom is at hand.
Related: Trina Solar Limited (ADR) (NYSE:TSL), SunPower Corporation (NASDAQ:SPWR) and LDK Solar Co., Ltd (ADR) (NYSE:LDK).