FirstSolar is different than most of the solar company, it's solar panel is based on thin film which is in low cost. Solar companies are benefiting from the run up on oil prices. FirstSolar's sales and earnings are up in a fast pace due to high demand of solar panels and low cost of thin film. In short term, FirstSolar will out run most of other solar stock.
A close above the resistance level of $291.99 could trigger a buy signal,and I suggest buying at that time. I see this stock as a good long investment and will continue to grow in our economy as the world searches for ways to "green" up the enviroment.
$281.60999 (05/07/08)
