First Solar Looks Vulnerable — Short the Hype, Trade the Facts
First Solar (FSLR) still trades like a growth story despite weakening top-line trends, policy uncertainty and legal noise. At roughly $174, the stock is trading at ~10.7x trailing earnings and an EV/FCF north of 11x while quarterly revenue is contracting. We downgrade to a short-rated swing trade: entry $174.35, target $145.00, stop $190.00, horizo…