Saturday, January 12, 2008

First Solar from a couple Gurus (FSLR)


"First Solar (NASDAQ: FSLR) is my favorite speculation for 2008,” says Bernie Schaeffer, a technical analyst, noted contrarian, and editor of Schaeffer’s Investment Research.

The alternative energy play is also the favorite speculation of Dan Sullivan, an expert in relative strength analysis and editor of The Chartist. Here, the two advisors take a look at this leading player in solar energy.

Bernie Schaeffer says “First Solar is a specialized semiconductor company that is a play on the alternative-energy theme.

" FSLR designs, manufactures and sells solar electric power modules. With a price-earnings (PE) ratio of 178 and the stock posting gains of nearly 700% in 2007, investors in FSLR should expect a potentially wild ride...MORE