First Solarの空売り状況は、投資家がFirst Solarの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

First Solar (NASDAQ:FSLR) 株価情報, 空売り情報

First Solar

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

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今年の株式市場は、インフレーション圧力の緩和、企業の強い利益、およびAI（人工知能）技術の潜在的な利益に対する楽観的な期待を受けて、連邦準備制度が9月に金利を引き下げるとの期待が高まっています。

S&amp;P500上半期終了も史上最高値を更新せず

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水曜日、議会議員が中国の太陽光発電会社に対する調査を求めるという報道が出たことを受け、ファースト・ソーラー、イング、サンパワーコーポレーションなどの太陽光関連株が大幅に急伸しました。

中国の太陽光発電会社などに調査　米国議会

First Solar Inc

FIRST SOLAR ORD

For most investors, how much a stock&#39;s price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you&#39;d invested in First Solar (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fslr#NASDAQ">FSLR</a>) ten years ago? It may not have been easy to hold on to FSLR for all that time, but if you did, how much would your investment be worth today?
<h2>First Solar&#39;s Business In-Depth</h2>
With that in mind, let&#39;s take a look at First Solar&#39;s main business drivers.
Headquartered in Tempe, AZ, First Solar, Inc. is the world&#39;s largest thin-film PV solar module manufacturer and the largest PV solar module manufacturer in the Western Hemisphere. The company is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. The company sells its products to project developers, system integrators and renewable energy project operators primarily in Europe and Germany in particular. First Solar also engages in designing and deploying commercial solar projects for utilities. The company also develops and sells PV solar power systems that primarily use the modules it manufactures. Additionally, it provides operations and maintenance (&quot;O&amp;M&quot;) services to system owners.
The company was founded in 1999 and incorporated in 2006. Formerly known as First Solar Holdings, LLC, the company changed its name to First Solar Holdings, Inc. and subsequently to First Solar, Inc. in 2006. For the year ended 2021, the company made changes in the reportable segments to align with revisions to its internal reporting structure and long-term strategic plans. Following this change, the modules business represents First Solar&#39;s only reportable segment.
Modules Segment: This segment designs, manufactures, and sells solar modules, which convert sunlight into electricity. In early 2023, First Solar started producing its latest generation of modules, Series 7. For 2023, net sales from this segment amounted to $3.30 billion, comprising 99.3% of total sales.
Other: It comprises First Solar&#39;s residential operations and Systems business activities, which include project development, engineering, procurement and construction services as well as O&amp;M services. During 2023, net sales from &quot;Other&quot; amounted to $0.22 billion, including 0.7% of total sales.
<h2>Bottom Line</h2>
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in First Solar ten years ago, you&#39;re likely feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in October 2014 would be worth $3,790.31, or a 279.03% gain, as of October 1, 2024. Investors should keep in mind that this return excludes dividends but includes price appreciation.
In comparison, the S&amp;P 500 gained 192.17% and the price of gold went up 109.16% over the same time frame.
Analysts are forecasting more upside for FSLR too.
First Solar is the largest PV solar module manufacturer in the United States, the company is investing heftily to expand its manufacturing capacity. Such manufacturing capacity expansion plans should enable it to duly meet its production target of 15.6-16 gigawatts of solar modules by 2024-end. Our model projects the company&#39;s topline to increase year over year in the 2024, 2025 and 2026 period respectively. The stock has outperformed the industry in the year-to-date period. However, the company&#39;s trailing 12-month EV/SALES TTM ratio is higher than that of its industry. Termination or reduction in imposed tariffs on crystalline silicon solar cells from China poses risks for the stock. The structural supply-demand imbalance in the solar market may lead to pricing volatility, thereby adversely impacting First Solar&#39;s operating results.
Shares have gained 9.71% over the past four weeks and there have been 3 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.
<a href="https://www.zacks.com/stock/news/2343856/here-s-how-much-you-d-have-if-you-invested-1000-in-first-solar-a-decade-ago?cid=CS-BENZ-FT-tale_of_the_tape|investing_$1000-2343856">To read this article on Zacks.com click here.</a>

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Here's How Much You'd Have If You Invested $1000 in First Solar a Decade Ago

Elon Musk is at it again, igniting the solar conversation with a tweet Tuesday.
&#8220;Solar power is growing super fast,&#8221; Musk said on his X platform. &#8220;In the very long-term (Kardashev Scale), solar will be &gt;99% of all power generation.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Solar power is growing super fast. In the very long-term (Kardashev Scale), solar will be &gt;99% of all power generation. <a href="https://t.co/CLFpGoL3OT">https://t.co/CLFpGoL3OT</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1841122348742680715?ref_src=twsrc%5Etfw">October 1, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
His words couldn't come at a better time for the sector. According to a Reuters <a href="https://www.reuters.com/sustainability/sustainable-finance-reporting/us-unveil-first-two-decisions-more-solar-tariffs-2024-09-30/">report,</a> U.S. trade officials are set to announce potential tariffs on solar panels from four Southeast Asian countries, which could reshape the landscape for solar stocks.
<h1 class="wp-block-heading">Tariff Decisions Loom Over Solar Manufacturers</h1>
This week, the U.S. Department of Commerce will decide on trade cases brought by U.S. manufacturers, including Hanwha Qcells and First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), aiming to counteract what they call unfair subsidies from competitors in Malaysia, Vietnam, Thailand and Cambodia.
The stakes are high: tariffs could either protect American jobs or inflate costs for solar developers already facing a challenging market.
<h1 class="wp-block-heading">Optimism In U.S. Solar Sector</h1>
Despite the tariff uncertainty, optimism is brewing among investors in the U.S. solar sector. Companies such as Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) and SolarEdge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) are eyeing double-digit growth in the solar market by 2025.
Recent insights from JPMorgan analyst Mark Strouse highlight a wave of positivity following the RE+ renewables industry conference, suggesting a resurgence in U.S. solar demand, driven by lower interest rates and stable utility pricing.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40816556/enphase-solaredge-sunrun-eye-double-digit-growth-as-solar-market-rebounds-on-kamala">Enphase, SolarEdge, Sunrun Eye Double-Digit Growth As Solar Market Rebounds On Kamala Harris Election Odds</a>
<h1 class="wp-block-heading">Tax Incentives Benefit Enphase, SolarEdge</h1>
Enphase and SolarEdge aren't just riding the wave; they're positioned to benefit significantly from tax incentives, including a 36% domestic content ITC adder that could bolster their profit margins. 
As the U.S. focuses on expanding domestic solar manufacturing, these companies are well-poised to capitalize on the growing appetite for clean energy solutions.
<h1 class="wp-block-heading">Investors Keep A Close Eye On U.S. Solar Stocks</h1>
Meanwhile, the situation across the pond is less rosy. Europe is grappling with dwindling demand, particularly in the Netherlands, where policy uncertainty has caused a staggering 70%-80% drop year-over-year.
This divergence highlights the U.S. solar market as a beacon of hope amid global challenges.
With Musk&#8217;s bold vision for solar power resonating in the investment community, now is the time to keep a close eye on solar stocks like Enphase, SolarEdge and First Solar and solar stocks-tracking ETFs such as the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>).
Will tariffs bolster American manufacturing or inflate project costs? 
One thing's for sure: the solar energy landscape is heating up, and investors need to stay tuned!
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41111038/elon-musk-gets-bold-font-removed-from-xs-main-timeline-because-of-excessive-use-my-eyes-are-bleeding">Elon Musk Gets Bold Font Removed From X&#8217;s Main Timeline Because Of &#8216;Excessive&#8217; Use: &#8216;My Eyes Are Bleed</a><a href="https://www.benzinga.com/news/24/10/41111038/elon-musk-gets-bold-font-removed-from-xs-main-timeline-because-of-excessive-use-my-eyes-are-bleeding">ing&#8217;</a></li>
</ul>
Photo: Courtesy SolarEdge

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Elon Musk's Solar Vision Sparks Excitement: What's Next For Enphase, SolarEdge, First Solar?

Deep-pocketed investors have adopted a bullish approach towards First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FSLR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for First Solar. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 58% leaning bullish and 33% bearish. Among these notable options, 12 are puts, totaling $701,960, and 24 are calls, amounting to $2,315,304.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $310.0 for First Solar during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for First Solar's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across First Solar's significant trades, within a strike price range of $120.0 to $310.0, over the past month.
<h3>First Solar Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727723732_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$23.0</td>
<td>$22.6</td>
<td>$22.6</td>
<td>$270.00</td>
<td>$1.0M</td>
<td style="text-align: right;">234</td>
<td style="text-align: right;">453</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$28.95</td>
<td>$28.7</td>
<td>$28.95</td>
<td>$280.00</td>
<td>$133.1K</td>
<td style="text-align: right;">438</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$153.95</td>
<td>$152.0</td>
<td>$153.9</td>
<td>$120.00</td>
<td>$123.2K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$45.5</td>
<td>$45.3</td>
<td>$45.3</td>
<td>$280.00</td>
<td>$117.7K</td>
<td style="text-align: right;">123</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$10.55</td>
<td>$10.35</td>
<td>$10.48</td>
<td>$250.00</td>
<td>$111.9K</td>
<td style="text-align: right;">737</td>
<td style="text-align: right;">155</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Following our analysis of the options activities associated with First Solar, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of First Solar</h3>
<ul>
<li>Currently trading with a volume of 895,483, the FSLR's price is down by -2.56%, now at $249.2. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 29 days.</li>
</ul>
<h3>Professional Analyst Ratings for First Solar</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $321.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Truist Securities downgraded its action to Buy with a price target of $300. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on First Solar, maintaining a target price of $343. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for First Solar, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

A Closer Look at First Solar's Options Market Dynamics

STOCK MOVED HIGHER THROUGHOUT THE DAY AND CLOSED NEAR THE HIGH
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="909" height="800" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1.png" alt="" class="wp-image-1502" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1.png 909w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1-300x264.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1-768x676.png 768w" sizes="(max-width: 909px) 100vw, 909px" /></figure>
First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 11:02 AM on September 26th, a significant trading signal occurred for First Solar, Inc. as it demonstrated a Power Inflow at a price of $248.87. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Amazon&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in First Solar&#8217;s stock price, interpreting this event as a bullish sign.
Power Inflow Description
Order flow analytics, aka transaction or market flow analysis, separates and studies the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted by active traders as a bullish signal.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for FSLR, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $248.87. The returns on the High price ($256.48) and Close price ($255.56) after the Power Inflow were respectively 3.1% and 2.7%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case the high of the day and close were very close but that is not always the case
Past Performance is Not Indicative of Future Result

Tradepulse Power Inflow Alert: First Solar Inc. Moves Over 3% Higher After Receiving Tradepulse Alert

Truist Securities analyst Jordan Levy initiated the coverage on First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy rating <a target="_blank" href="https://www.benzinga.com/quote/FSLR/analyst-ratings" rel="noreferrer noopener">and price forecast of $300.</a>
The company&#8217;s technology, ongoing R&amp;D investments, and substantial &#8220;contracted backlog&#8221; are key factors that strengthen First Solar&#8217;s competitive edge for both current and future module technology advancements, Levy says.
While the broader utility-scale solar market remains volatile, First Solar presents investors with a compelling long-term growth profile, especially in light of rising data center power demand, all while minimizing short-term fluctuations, Levy writes.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41050711/stocks-rise-as-china-signals-more-stimulus-billionaire-david-tepper-bets-big-on-everythi" rel="noreferrer noopener">Stocks Rise As China Signals More Stimulus, Billionaire David Tepper Bets Big On &#8216;Everything&#8217; China-Related</a>
Ongoing technology enhancements are expected to enhance the competitiveness of First Solar&#8217;s modules compared to its peers, the analyst adds.
Further, Levy forecasts about $640 million in R&amp;D spend in aggregate from 2024 to 2026.
Per the analyst, the company&#8217;s strong cash flow generation &amp; ability to invest heavily in R&amp;D will prove invaluable both in terms of near-term tech improvements &amp; longer-term next-gen modules.
The analyst views the company&#8217;s manufacturing process as having a structural cost advantage per watt over traditional silicon module manufacturers.
With the ongoing push to onshore U.S. manufacturing, the company will &#8220;remain in the driver&#8217;s seat&#8221; for U.S. module manufacturing.
For fiscal year 2024, Levy estimates the company to register revenues of $4.426 billion.
Overall, the analyst is e positive on the company&#8217;s vertically integrated model and business strategy amid a favorable regulatory environment.
Price Action: First Solar shares are trading higher by 4.1% to $251.6 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/social-media/24/09/41045271/trumps-djt-stock-rallies-after-sharp-sell-off-but-technicals-signal-tough-times-ahead" target="_blank" rel="noreferrer noopener">Trump&#8217;s DJT Stock Rallies After Sharp Sell-Off, But Technicals Signal Tough Times Ahead</a></li>
</ul>
Image: AI generated

Analyst Ratings

General

First Solar To 'Remain In The Driver's Seat' Amid Ongoing Push To Onshore US Manufacturing: Analyst

First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) has outperformed the market over the past 10 years by 3.36% on an annualized basis producing an average annual return of 14.74%. Currently, First Solar has a market capitalization of $26.97 billion. 
Buying $1000 In FSLR: If an investor had bought $1000 of FSLR stock 10 years ago, it would be worth $3,827.99 today based on a price of $251.92 for FSLR at the time of writing.
<h3>First Solar's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727371812_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning First Solar Stock In The Last 10 Years

WIIM

First Solar shares are trading higher after Truist Securities initiated coverage on the stock with a Buy rating and announced a price target of $300.

Truist Securities analyst Jordan Levy initiates coverage on First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy rating and announces Price Target of $300.

Price Target

Initiation

Truist Securities Initiates Coverage On First Solar with Buy Rating, Announces Price Target of $300

Financial giants have made a conspicuous bullish move on First Solar. Our analysis of options history for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) revealed 14 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $1,215,907, and 5 were calls, valued at $167,234.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $190.0 to $270.0 for First Solar over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for First Solar's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of First Solar's whale activity within a strike price range from $190.0 to $270.0 in the last 30 days. 
<h3>First Solar 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726860797_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$23.3</td>
<td>$22.8</td>
<td>$22.8</td>
<td>$230.00</td>
<td>$228.0K</td>
<td style="text-align: right;">227</td>
<td style="text-align: right;">556</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$23.2</td>
<td>$22.45</td>
<td>$22.45</td>
<td>$230.00</td>
<td>$224.5K</td>
<td style="text-align: right;">227</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$22.65</td>
<td>$21.4</td>
<td>$22.6</td>
<td>$230.00</td>
<td>$212.4K</td>
<td style="text-align: right;">227</td>
<td style="text-align: right;">207</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$23.0</td>
<td>$22.8</td>
<td>$22.8</td>
<td>$230.00</td>
<td>$200.6K</td>
<td style="text-align: right;">227</td>
<td style="text-align: right;">268</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$22.75</td>
<td>$22.6</td>
<td>$22.6</td>
<td>$230.00</td>
<td>$113.0K</td>
<td style="text-align: right;">227</td>
<td style="text-align: right;">216</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
After a thorough review of the options trading surrounding First Solar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of First Solar</h3>
<ul>
<li>Currently trading with a volume of 943,307, the FSLR's price is down by -1.93%, now at $235.8. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 39 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for First Solar, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Smart Money Is Betting Big In FSLR Options

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/09/2024-09-20_08h35_26-1.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h3 class="wp-block-heading">Nuclear Power Revival</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-quad-witching-nuclear-power-revival-ceg-mc-09202024">click here</a> for an enlarged chart of Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of CEG is being used to illustrate the point.</li>
<li>To feed the power hungry AI data centers, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is signing a power purchase agreement with CEG.</li>
<li>The chart shows the gap up on CEG news.</li>
<li>The chart shows that CEG is in the resistance zone.</li>
<li>RSI on the chart shows that CEG is very overbought.&nbsp; An overbought stock tends to pullback.</li>
<li>Based on the quantitative screen of The Arora Report's ZYX Change Method, CEG is way overvalued at this time.&nbsp; However, CEG will benefit from AI, and as such, it is on our radar to give a signal when it is appropriate.</li>
<li>To provide the power, CEG will restart Three Mile Island Unit 1.&nbsp; This reactor was shut down about five years ago due to economic reasons.&nbsp; Three Mile Island Unit 2 is famous for a partial melt down, which caused the most serious nuclear accident on U.S. soil.&nbsp; In addition to CEG, there are opportunities in other energy producers that will help meet the massive power demand for AI.
<ul>
<li>Quanta Services Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>) is a contractor to electric utilities and is benefiting from the AI power demand.&nbsp; As full disclosure, PWR is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio. PWR is long from $37.&nbsp; </li>
<li>First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), which provides solar power to data centers. As full disclosure, FSLR is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.</li>
<li>A new name that is on The Arora Report&#8217;s radar is Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>). As full disclosure, a signal may be given when appropriate.</li>
</ul>
</li>
<li>We shared with readers yesterday that quad witching was to the upside.
<ul>
<li>A part of the strength in the stock market yesterday was due to quad witching and not due to the Fed's 50 bps interest rate cut.</li>
<li>About $5 trillion notional value of stock derivatives are expiring today.&nbsp; This is a huge amount but not a record.</li>
<li>This morning, expiring futures are exerting downward pressure on the market after yesterday's runup.&nbsp; Futures are expiring this morning.</li>
<li>Options will expire in the afternoon.</li>
</ul>
</li>
<li>Historically, gains due to quad witching tend to reverse in the following week and sometimes even on the expiration day.</li>
</ul>
<h3 class="wp-block-heading">Japan</h3>
In a relief to U.S. stock investors, the Bank of Japan (BOJ) left interest rates unchanged.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>).
In the early trade, money flows are neutral in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and MSFT.
In the early trade, money flows are negative in NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Trump's advocacy continues to bring buying into Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). Here is the key question: Will bitcoin whales take advantage of the strength to sell as is their pattern?
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

$BTC

AAPL

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TSLA

$5 Trillion Worth Of Quad Witching, AI Leading To Revivial Of Nuclear Power

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said he likes Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) and recommended <a href="https://www.benzinga.com/quote/PFE/analyst-ratings">buying more of the stock.</a>
On Sept. 16, Cantor Fitzgerald analyst Louise Chen reiterated Pfizer with an Overweight rating and maintained a $45 price target.
&#8220;Six Flags (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUN#NYSE">FUN</a>), I don't know, it feels like it's two flags,&#8221; Cramer said. &#8220;This has just been a merger from hell. I'm not really into the stock.&#8221;
On Sept. 16, JPMorgan analyst Matthew Boss maintained Six Flags Entertainment with an Underweight rating and lowered the price target from $48 to $43.
Cramer said he likes First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), adding that it is an &#8220;up stock.&#8221;
On Sept. 16, BofA Securities analyst Julien Dumoulin-Smith maintained First Solar with a Buy and raised the price target from $320 to $343.
The &#8220;Mad Money&#8221; host said Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) is an &#8220;amazing&#8221; stock, and added that it's a &#8220;total winner.&#8221;
On Sept. 16, several analysts, including, Scotiabank, Evercore ISI Group and JPMorgan, raised their price targets on the stock.
Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) has been a &#8220;big disappointment,&#8221; Cramer said.
Moderna announced on Tuesday that Health Canada approved its vaccine, SPIKEVAX, which aids in preventing COVID-19 in people six months of age or older.
&#8220;On a pullback, absolutely,&#8221; Cramer said when asked about Vertiv Holdings Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>). &#8220;I think it's a winner.&#8221;
On Sept. 11, Vertiv named Frank Poncheri as chief human resources officer.
Cramer said Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) is a buy.
On July 30, Powell Industries reported better-than-expected third-quarter GAAP EPS and sales results.
Price Action:
<ul>
<li>Pfizer shares slipped 0.8% to settle at $29.83 on Tuesday.</li>
<li>Powell shares rose 2.5% to close at $174.44 during the session.</li>
<li>First Solar shares rose 2.9% to close at $239.98 during Tuesday's session.</li>
<li>Six Flags shares gained 2.3% to settle at $41.52.</li>
<li>Equity Residential shares fell 0.6% to close at $77.34 on Tuesday.</li>
<li>Moderna shares gained 4.1% to settle at $71.99 on Tuesday.</li>
<li>Vertiv shares gained 0.4% to close at $87.29.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/09/40898216/cramer-hewlett-packard-is-a-very-inexpensive-stock-likes-this-big-tech-stock">Cramer: Hewlett Packard Is A &#8216;Very Inexpensive&#8217; Stock, Likes This Big Tech Stock</a></li>
</ul>
Photo: s_bukley/Shutterstock.com

MRNA

POWL

Jim Cramer Labels Moderna A 'Big Disappointment,' But Suggests Doubling Down On Another Pharma Powerhouse

High-rolling investors have positioned themselves bearish on First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in FSLR often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for First Solar. This is not a typical pattern.
The sentiment among these major traders is split, with 25% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $4,110,000, and 7 calls, totaling $336,341.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $200.0 to $260.0 for First Solar over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for First Solar's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of First Solar's whale trades within a strike price range from $200.0 to $260.0 in the last 30 days. 
<h3>First Solar Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726582574_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.2</td>
<td>$12.65</td>
<td>$13.7</td>
<td>$200.00</td>
<td>$4.1M</td>
<td>9.5K</td>
<td>3.0K</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$7.5</td>
<td>$7.05</td>
<td>$7.25</td>
<td>$260.00</td>
<td>$126.8K</td>
<td>496</td>
<td>183</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$25.0</td>
<td>$23.0</td>
<td>$24.0</td>
<td>$240.00</td>
<td>$64.8K</td>
<td>1.2K</td>
<td>27</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$4.0</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$240.00</td>
<td>$33.8K</td>
<td>3.4K</td>
<td>208</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$8.2</td>
<td>$6.55</td>
<td>$8.2</td>
<td>$232.50</td>
<td>$32.8K</td>
<td>663</td>
<td>46</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
After a thorough review of the options trading surrounding First Solar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of First Solar</h3>
<ul>
<li>Trading volume stands at 271,464, with FSLR's price up by 1.54%, positioned at $236.9.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 42 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for First Solar with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With FSLR

In the preceding three months, 12 analysts have released ratings for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $303.25, a high estimate of $360.00, and a low estimate of $250.00. This upward trend is apparent, with the current average reflecting a 3.56% increase from the previous average price target of $292.83.
<img src="https://www.benzinga.com/files/images/story/2024/1726520427_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive First Solar is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$343.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$290.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$360.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$286.00</td>
<td>$311.00</td>
</tr>
<tr>
<td>Chris Dendrinos</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$326.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$250.00</td>
<td>$219.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$282.00</td>
<td>$262.00</td>
</tr>
<tr>
<td>Chris Dendrinos</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Biju Perincheril</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$285.00</td>
<td>$258.00</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$307.00</td>
<td>$344.00</td>
</tr>
<tr>
<td>Corinne Blanchard</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$280.00</td>
<td>$215.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Solar. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of First Solar compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of First Solar's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of First Solar's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FSLR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Solar analyst ratings.</a>
<h2>Unveiling the Story Behind First Solar</h2>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
<h3>First Solar: Financial Performance Dissected</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: First Solar's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 24.65%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: First Solar's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 34.57% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): First Solar's ROE excels beyond industry benchmarks, reaching 4.94%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): First Solar's ROA stands out, surpassing industry averages. With an impressive ROA of 3.21%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: First Solar's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating First Solar: Insights From 12 Financial Analysts

B of A Securities analyst Julien Dumoulin-Smith maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy and raises the price target from $320 to $343.

B of A Securities Maintains Buy on First Solar, Raises Price Target to $343

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/09/2024-09-16_08h12_24.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Silver Is The New AI Play</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-silver-new-ai-play-slv-mc-09162024">click here</a> for an enlarged chart of silver ETF iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).
Note the following:
<ul>
<li>The chart is a monthly chart to give you the long term perspective.</li>
<li>In The Arora Report analysis, silver has the potential to become an AI play.&nbsp;&nbsp;
<ul>
<li>Silver is extensively used in electronics that go into AI data centers.</li>
<li>AI data centers are power hungry.&nbsp; Some data centers are being built next to huge solar farms.&nbsp; Silver is used in solar cells.&nbsp; First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) is the leader in utility scale solar farms.&nbsp; As full disclosure, First Solar is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.</li>
</ul>
</li>
<li>Silver also moves with gold.&nbsp; We have previously shared with readers that gold has hit a new high.</li>
<li>The chart shows that silver is far from a new high.</li>
<li>The chart shows the resistance zone.&nbsp; If the resistance zone is broken, silver can go much higher.</li>
<li>The chart shows the trader magnet for silver.</li>
<li>RSI on the chart shows that silver is overbought.&nbsp; Overbought commodities tend to pullback.</li>
<li>In The Arora Report analysis, Wall Street positioning in silver is very low.&nbsp; This can lead to an explosive up move once the move starts going.&nbsp; Positioning is an important Wall Street mechanic.&nbsp; Investors who learn Wall Street mechanics gain important edges.&nbsp; It is difficult to learn the nuances of Wall Street mechanics because Wall Street professionals keep these nuances close to the chest due to their very high value.&nbsp; </li>
<li>The move in silver will come down to three factors:
<ul>
<li>If the Fed lowers rates by 25 bps or 50 bps</li>
<li>How gold reacts to the Fed</li>
<li>Does a short squeeze start in silver? &nbsp;In The Arora Report analysis, silver is prone to short squeezes.&nbsp;&nbsp;</li>
</ul>
</li>
<li>The move in silver in 2021 was the result of silver becoming a meme crowd favorite and the resulting short squeeze.</li>
<li>The Arora Report gold and silver ratings are used across the globe by individual investors, hedge funds, institutions, bullion dealers, and jewelers.&nbsp;</li>
<li>The chart shows that The Arora Report gave a back up the truck and buy silver signal when silver was in the $17 range. The Arora Report gave a sell signal on silver hours before silver peaked.&nbsp;</li>
<li>Not only that, right at the peak around $50, The Arora Report gave a signal to short sell signal and gave a target for silver to fall to $34 in a matter of weeks.</li>
<li>As full disclosure, Silver ETF SLV is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio.&nbsp; </li>
<li>Last week a big weekly reversal occurred in S&amp;P 500.&nbsp; Last week was one of the best weeks.&nbsp; The prior week was one of the worst weeks.&nbsp; Since 1957, there have been 10 such reversals when the stock market was near a high.&nbsp; S&amp;P 500 has been higher an average of 5.2% over the next three months 90% of the time.</li>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is falling today after Ming-Chi Kuo said that demand for the iPhone 16 is lower than expected.&nbsp; In the past, analysis from Ming-Chi Kuo has almost always proven spot on.</li>
<li>This is a Fed week.&nbsp; FOMC will announce its decision at 2pm ET on Wednesday.</li>
<li>In the early trade, the momo crowd is buying, but some selling is coming in tech stocks on Ming-Chi Kuo's report.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are neutral in Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>).
In the early trade, money flows are negative in AAPL, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust SLV.  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing light selling.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Commodities

Silver Is The New AI Play – Trader Magnet Is Much Higher, Fed Week

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares rocketed 98.32% after the company announced it raised&nbsp;<a href="https://www.benzinga.com//node/40833208" target="_blank" rel="noreferrer noopener">$235 million&nbsp;in net proceeds</a>.</li>
<li>BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) stock gained 31.77% in the last week after GSK halted development of the Herpes Simplex Virus Vaccine, clearing the path for other contenders like Moderna and BioNTech.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock jumped 28.38% as several analysts raised<a href="https://www.benzinga.com/quote/app/analyst-ratings" target="_blank" rel="noreferrer noopener"> the price target on the stock</a>.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) stock escalated 21.37%. The stock possibly jumped amid sympathy with Petco Health and Wellness Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) after the company <a href="https://www.benzinga.com//node/40822147" target="_blank" rel="noreferrer noopener">reported&nbsp;financial results</a>.</li>
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) shares increased 20.81%. The stock may be up amid a <a href="https://www.benzinga.com//node/40852990" target="_blank" rel="noreferrer noopener">rebound in some chip stocks</a>.</li>
<li>Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares gained 20.50% after Raymond James initiated coverage on the stock with an Outperform rating and announced <a href="https://www.benzinga.com/quote/arm/analyst-ratings" target="_blank" rel="noreferrer noopener">a $160 price target</a>.</li>
<li>MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) stock upped 18.74% after the company announced purchasing 18,300 bitcoins (CRYPTO: BTC/USD).</li>
<li>Kinross Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) shares increased 17.14% after the company announced it completed a Preliminary Economic <a href="https://www.benzinga.com//node/40788842" target="_blank" rel="noreferrer noopener">Assessment for the Great Bear project</a>.</li>
<li>Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) stock gained 17.10% in the last week on continued strength after a recently announced multi-year partnership with Charter to integrate linear video and streaming services to enhance flexibility and value in video bundles.</li>
<li>Vertiv Holdings, LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) stock upped 17.02%.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40869968/moderna-tyson-foods-and-adobe-are-among-top-10-large-cap-stock-losers-last-week-sep-8-sep-14-are-t">Moderna, Tyson Foods And Adobe Are Among Top 10 Large Cap Stock Losers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?</a></li>
</ul>
Image via Chewy

AVGO

BNTX

CHWY

EXAS

MSTR

ORCL

ROKU

SMMT

WOOF

Chewy, Broadcom And MicroStrategy Are Among Top 10 Large Cap Stock Gainers Last Week (Sep 8-Sep 14): Are The Others In Your Portfolio?

Whales with a lot of money to spend have taken a noticeably bearish stance on First Solar.
Looking at options history for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $187,095 and 6, calls, for a total amount of $330,758.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $210.0 to $280.0 for First Solar over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for First Solar's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of First Solar's whale trades within a strike price range from $210.0 to $280.0 in the last 30 days. 
<h3>First Solar Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726154249_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$4.75</td>
<td>$3.15</td>
<td>$4.25</td>
<td>$280.00</td>
<td>$106.2K</td>
<td style="text-align: right;">300</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$17.4</td>
<td>$16.4</td>
<td>$17.05</td>
<td>$210.00</td>
<td>$85.2K</td>
<td style="text-align: right;">110</td>
<td style="text-align: right;">54</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$26.85</td>
<td>$25.3</td>
<td>$25.6</td>
<td>$250.00</td>
<td>$74.3K</td>
<td style="text-align: right;">616</td>
<td style="text-align: right;">34</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$28.15</td>
<td>$28.1</td>
<td>$28.1</td>
<td>$240.00</td>
<td>$53.3K</td>
<td style="text-align: right;">270</td>
<td style="text-align: right;">70</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$44.05</td>
<td>$43.4</td>
<td>$44.05</td>
<td>$270.00</td>
<td>$48.4K</td>
<td style="text-align: right;">151</td>
<td style="text-align: right;">11</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
<h3>Current Position of First Solar</h3>
<ul>
<li>Trading volume stands at 988,423, with FSLR's price down by -1.21%, positioned at $236.94.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 47 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for First Solar with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Wall Street witnessed a broad sell-off on Wednesday, except for the tech sector, as investor optimism over disinflation progress cooled following a <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40812986/inflation-slows-to-2-5-in-august-lowest-rate-since-february-2021-core-index-remai">mixed August inflation report.</a>
The Consumer Price Index (CPI) rose 2.5% year-over-year, slightly below the 2.6% estimate and down from July&#8217;s 2.9%, marking the slowest pace of inflation since February 2021. The bulk of this decline came from energy-related categories.
However, core inflation — excluding the more volatile components like food and energy — rose 0.3% month-over-month, surpassing expectations of 0.2%. The annual core CPI remained at 3.2%, reflecting persistent inflation in service-related sectors.
A key driver of inflation continues to be shelter costs, which rose 0.5% from the previous month—the sharpest increase since January — and account for nearly a third of the total CPI.
The report dashed hopes for a Federal Reserve rate cut in the upcoming meeting. Market expectations for a 50-basis-point cut plummeted to just 13%, down from 34% the day before, as per CME FedWatch. 
The inflation data gave the U.S. dollar a lift and nudged Treasury yields higher across the board. Sectors most sensitive to interest rates, such as real estate, materials and financials, led the sell-off.
In contrast, tech stocks defied the broader market slump, driven by strong gains in the semiconductor space. 
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged 4.5%, buoyed by the market's reaction to the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40817347/donald-trump-lost-debate-to-kamala-harris-will-lose-ground-in-the-polls-polymarket-traders">latest U.S. presidential debate</a> between Vice President Kamala Harris and former President Donald Trump. 
The two candidates engaged in a back-and-forth about <a href="https://www.benzinga.com/general/politics/24/09/40731719/goldman-sachs-kamala-harris-victory-bodes-well-for-us-economy-trump-tariffs-will-drive-up-inflat">tariffs on goods</a>, which would impact inflation and the chipmaking industry.
Solar stocks also rallied, with the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) jumping over 4%, as the prospect of a Harris administration increased <a href="https://www.benzinga.com/markets/equities/24/09/40817317/solar-shares-climb-as-harris-gains-momentum-post-debate-against-trump-7-top-gainers-in-clean-ene">optimism for renewable energy policies.</a> First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) was the top performer within the industry, jumping over 12%. 
Elsewhere, gold remained flat, while oil prices rebounded over 2% after Tuesday&#8217;s sell-off. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) dropped more than 2%.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,865.96</td>
<td>0.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,476.37</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,092.21</td>
<td>-0.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,436.47</td>
<td>-0.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:50 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091124&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.3% lower to $547.10.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.7% to $405.59.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.2% higher to $459.93.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.4% to $207.30.</li>
<li>The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.9%. The Financials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) was the laggard, down 1.4%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
<ul>
<li>Lithium-related stocks surged on Wednesday after reports of production disruptions in China sent the price of the commodity climbing. Albemarle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>), one of the world&#8217;s largest lithium producers, rallied 9.7% on the news.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) surged 8.6% to $93.63 after Bank of America analyst Omar Dessouky reiterated a Buy rating and raised the price target from $100 to $120.</li>
<li>Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) rallied 8.1% amid bullish remarks from Bank of America analyst John Murphy, CFA who expects the Gravity SUV to get a large total addressable market.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) tanked 13.8% as revenue missed expectations last quarter. </li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) plummeted 12.8% in reaction to the presidential debate. </li>
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Stocks Fall As Inflation Data Chills Rate-Cut Excitement, Chipmakers, Solar Sector Soar On Harris-Linked Boost: What's Driving Markets Wednesday?

First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) shares are pushing higher Wednesday as solar stocks climb following Tuesday night's debate between Vice President <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40816556/enphase-solaredge-sunrun-eye-double-digit-growth-as-solar-market-rebounds-on-kamala">Kamala Harris and Donald Trump.</a>
The Details:
First Solar shares are climbing Wednesday as investors react to Vice President Harris&#8217;s <a href="https://www.benzinga.com/news/24/09/40808499/trump-vs-harris-debates-results-are-in-flash-poll-shows-resounding-majority-pick-vice-president-as-w">Tuesday's debate</a> against Republican nominee Donald Trump. 
Read Next: <a href="https://www.benzinga.com/news/24/09/40797656/whats-going-on-with-palantir-stock">What&#8217;s Going On With Palantir Stock?</a>
Harris emphasized her support for alternative energy sources during the debate. Coco Zhang, an ESG research analyst at ING Group, <a href="https://www.benzinga.com/markets/equities/24/09/40817317/solar-shares-climb-as-harris-gains-momentum-post-debate-against-trump-7-top-gainers-in-clean-ene">highlighted</a> Harris's track record of promoting clean energy development, including her support for a carbon tax and a ban on fracking.&nbsp;
&#8220;My position is that we have got to invest in diverse sources of energy so we reduce our reliance on foreign oil,&#8221; Harris said during the debate.&nbsp;
The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) is climbing higher Wednesday, boosted by gains from SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) and Sunrun, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) as investors see a Harris win as more likely following the debate.&nbsp;
<h3 class="wp-block-heading">Will FSLR Stock Go Up?</h3>
When trying to assess whether or not First Solar will trade higher from current levels, it's a good idea to take a look at analyst forecasts. 
Wall Street analysts have an average 12-month price target of $299.64 on First Solar. The Street high target is currently at $360 and the Street low target is $250. Of all the analysts covering First Solar, 11 have positive ratings, no one has neutral ratings and no one has negative ratings.
In the last month, one analyst has adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering First Solar have performed in recent history. 
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. First Solar is 36.26% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.
For a broad overview of everything you need to know about First Solar, visit <a href="https://www.benzinga.com/quote/FSLR">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.
FSLR Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, First Solar shares are up 11.4% at $232 at the time of publication Wednesday.
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What's Going On With First Solar Stock?

Jobs numbers have been lackluster and constantly revised downward. Unemployment is holding steady at around 4.2% but up since March. Sept. 18 is Fed day, and the market is already pricing in a 25-basis points rate cut, maybe even 50 points. That means the most important thing about that decision next week will be what Fed Chairman Jerome Powell ultimately says about it afterwards.
&ldquo;I think strong overall economic indicators, falling inflation, and a shift from defensive assets into equities have driven stocks higher so you have to wonder what additional benefits could a rate cut provide now,&rdquo; said Naeem Aslam, an external consultant for AvaTrade in London.
&ldquo;The most immediate impact would be on highly leveraged companies that would benefit from reduced interest expenses and improved refinancing conditions, but growth stocks, particularly in sectors like tech, could easily see continued momentum in their favor,&rdquo; he said.
The Nasdaq is up around <a href="https://www.nasdaq.com/market-activity/index/ndx">20.6% over the last 12 months</a> ending Sept. 10. Investors in the Invesco Nasdaq ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) have beaten the index, up 23% in 12 months.
<img alt="benzinga_qqq.jpg" src="https://www.benzinga.com/files/u1625319/benzinga_qqq.jpg" style="height:329px; width:624px" />
The Nasdaq 100 Index is likely to move towards the 20,000 price level if markets like what Powell has to say next week. However, if his talk suggests a recession is possible in the months ahead, Nasdaq could fall to 16,900.
For now, &ldquo;It&rsquo;s hard to be bearish,&rdquo; said Vladimir Signorelli, president of Bretton Woods Research, a macro investment research firm in Long Valley, NJ.&nbsp;
The Fed&rsquo;s campaign of contraction that began in early 2022 is beginning to bear fruit. Non-farm payrolls are consistently being <a href="https://www.cnn.com/2024/08/21/economy/bls-jobs-revisions/index.html">revised lower</a>.
&ldquo;We have had 340 thousand jobs revised downward this year alone. That&rsquo;s huge. How do you miss that? Job market weakness is accelerating and so on Sept 18 we will see a rate cut, and maybe even a 50 basis points rate cut,&rdquo; Signorelli said. &ldquo;My hunch is that if Powell wants 50 basis points, he can persuade Christopher Waller (Federal Reserve Board of Governors) to go up from 25.&rdquo;
Waller has already said he was willing to &ldquo;front-load rate cuts&rdquo; if needed in case of economic contraction.&nbsp;
The Fed is being blown out of the water by these lagging indicators, or coming in at the lower quartile of their estimates. They&rsquo;ve been outside the median in their calls because the slowdown has accelerated.
The latest Bureau of Labor Statistics <a href="https://www.bls.gov/news.release/empsit.nr0.htm">data</a> showed 25,000 manufacturing jobs were lost in August alone with &ldquo;little net change over the year.&rdquo;
The Federal funds rate is 5%, with an upper limit of 5.5%.&nbsp;
One part of the market that is focused on guessing interest rate moves has already made their play. They are long equities and have been since mid-summer. But there is more to next week&rsquo;s rate cut than the cut itself.
&ldquo;We are going to be evaluating how Powell characterizes this reduction in rates, the first one since 2020,&rdquo; Signorelli said.
Interest rate cuts will have multiplier effects. Powell&rsquo;s suggestion easing was enough to trim around 140 basis points from the 30-year Treasury bond this year. A single rate cut of around 25 bips could easily take the 10-year from 3.7% yield today to around 3.3% later next week, said Signorelli. Where will that money go? Probably equities. But that will depend on whether the market is worried about a recession.
&ldquo;Heading into the end of the year, U.S. stocks will probably continue to beat European stocks thanks to stronger economic fundamentals and stronger consumer base,&rdquo; said Aslam. &ldquo;If the Federal Reserve is nearing the end of its rate-hiking cycle, I&rsquo;d buy growth sectors like tech because they may continue to see portfolio money coming in,&rdquo; he said.
Valuations are still relatively high, however. Investors are paying more for those equities that they are for stocks on the S&amp;P 500. QQQ is trading at 31x, compared to the SPDR S&amp;P 500 (ARCA:SPY) trading at 21x. Amazon (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>)&nbsp;has a price to earnings ratio of 41x. Delta Airlines (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dal#NYSE">DAL</a>) is around 7x PE, despite the increase in airline travel, according to a July JP Morgan <a href="https://www.jpmorgan.com/insights/global-research/travel/airline-outlook">report</a>.
Higher valuations could limit upside potential for those stocks even with lower interest rates, said Aslam. See Intel (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) for instance, with a PE of over 79 times earnings. &ldquo;Stay away from those, especially if earnings growth slows or macroeconomic data suggests a recession is coming.&rdquo;
<h3>Five Nasdaq Stocks With A&nbsp;PE Under 20</h3>
Believe it or not, some of these stocks on the Nasdaq are priced below the average index PE. If Intel and Broadcom (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>) look expensive, here are five companies with current P/E ratios under 20.
Applied Materials (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>): 19.96x
Cisco Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/csco#NASDAQ">CSCO</a>): 19.17x
Cognizant (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctsh#NASDAQ">CTSH</a>): 17.34x
First Solar (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fslr#NASDAQ">FSLR</a>): 18.26x
Sirius XM Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/siri#NASDAQ">SIRI</a>): 8.41x
&ldquo;Buying 100x PE stocks in the Nasdaq is a high-risk, high-reward strategy,&rdquo; said Aslam. &ldquo;Lower rates could push valuations even higher quickly, but magnifies the risk if growth expectations aren&#39;t met.&rdquo;
The current environment suggests caution for buying the high value names.
&ldquo;Investors that are comfortable with volatility and are willing to bet on sustained low interest rates and strong growth may see some upside, but the downside risk of overpaying is significant if market conditions change or if these high priced companies fail to deliver,&rdquo; Aslam said.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

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