Friday, June 27, 2008

TheStreet.com Takes Down First Solar (FSLR)

I'm lifting this from Clusterstock:
What's currently taking First Solar (FSLR) down over 10 points (~4%) today? Possibly Jim Cramer's TheStreet.com analyst Larsen Kusick: First Solar, on the other hand, is trading at almost 50 times 2009 expectations. This multiple may seem attractive relative to the high rate of expected earnings growth of over 96%, but I'm more concerned with the sustainable five-year earnings growth rate....MORE

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