Is First Solar (FSLR) the Best Electrical Infrastructure Stock to Buy According to Analysts?

Insider Monkey04:17

We recently published a list of the 12 Best Electrical Infrastructure Stocks to Buy According to Analysts. In this article, we are going to take a look at where First Solar, Inc. (NASDAQ:FSLR) stands ...

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In this article, we are going to take a look at where First Solar, Inc. (NASDAQ:FSLR) stands ...</p>\n\n<a href=\"https://finance.yahoo.com/news/first-solar-fslr-best-electrical-201710530.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BGHQF417.EUR","symbol_name":"GUINNESS SUSTAINABLE ENERGY \"C\" (EUR) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/first-solar-fslr-best-electrical-201710530.html","article_id":"2493224364","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EBiGgVMqA7TduvrBEU7QFQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/1178c453a155b2a1b49a48a61681af45"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493224364","pubTimestamp":1734898630,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of the 12 Best Electrical Infrastructure Stocks to Buy According to Analysts. 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This uptick signals a sustained period of growth, marking a departure from two decades of stagnant demand and potentially reshaping the electricity landscape in profound ways.On the other hand, transformations in policy, market dynamics, and technological advancements are also driving significant shifts in electricity generation, presenti","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BGHQF417.EUR":"GUINNESS SUSTAINABLE ENERGY \"C\" (EUR) ACC","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","TSYW.SI":"TESLA 3xLongSG261006","PSQ":"纳指反向ETF","BK4588":"碎股","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","QLD":"纳指两倍做多ETF","BK4141":"半导体产品","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC",".IXIC":"NASDAQ Composite","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","FSLR":"第一太阳能","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4519":"光伏太阳能","USJW.SI":"ALPHAB 3xLongSG261006","LU0323239441.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AC\" ACC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1983299162.USD":"SCHRODER ISF GLOBAL ENERGY TRANSITION \"A\" (USD) ACC","BK4596":"哈里斯概念","SQQQ":"纳指三倍做空ETF","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","QID":"纳指两倍做空ETF","NVIW.SI":"NVDA 3xLongSG261006","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4585":"ETF&股票定投概念","LU2298322129.HKD":"BGF SUSTAINABLE ENERGY \"A2\" (HKDHDG) ACC","LU2211814178.USD":"ALLIANZ CLEAN PLANET \"AT\" (USD) ACC","TQQQ":"纳指三倍做多ETF","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","USAW.SI":"AMZN 3xLongSG261006","IE00B3CCJ633.GBP":"GUINNESS SUSTAINABLE ENERGY \"C\" (GBP) ACC","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD"},"translate_title":"分析师认为First Solar（FSLR）是最值得购买的电力基础设施股票吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSLR":1,".IXIC":0.9,"NVIW.SI":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"TQQQ":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"USJW.SI":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"We recently published a list of the 12 Best Electrical Infrastructure Stocks to Buy According to Analysts. In this article, we are going to take a look at where First Solar, Inc. (NASDAQ:FSLR) stands against the other best electrical infrastructure stocks to buy according to analysts.\nThe United States is witnessing a notable surge in electricity demand, driven by unprecedented electrification, the rapid expansion of AI-driven data centers, and a resurgence in industrial reshoring and manufacturing. As of September 2024, electricity demand rebounded with a 1.8% increase, reversing a 1.7% decline during the same period in 2023, aided by favorable weather conditions. This uptick signals a sustained period of growth, marking a departure from two decades of stagnant demand and potentially reshaping the electricity landscape in profound ways.\nAccording to Deloitte, this demand has spurred a corresponding increase in power generation. By September 2024, utility-scale power generation reached approximately 3,287 billion kWh, reflecting a 3% year-over-year growth. Renewable energy, particularly solar, led the charge, with a 30% increase compared to 13% during the same period in 2023. In that same vein, solar energy is expected to be the fastest-growing energy source by year-end, potentially achieving a 34% growth rate. Moreover, the rapid adoption of digitalization and AI has significantly heightened the demand for data centers across the United States. To keep pace with this adoption, McKinsey projects that data center power requirements might triple by 2030, increasing from 3–4% of the nation’s total electricity demand to approximately 11–12%. This will necessitate a substantial rise in electricity production, signaling a dramatic shift in a country where power demand has remained relatively flat since 2007. By 2030, data centers could account for 30–40% of all net new electricity demand, alongside rising needs from domestic manufacturing, electric vehicles, and electrolyzers.\nFurthermore, in response to escalating climate-driven disasters and an electricity grid increasingly reliant on intermittent renewable energy, the U.S. is rapidly deploying large-scale battery systems to help prevent power outages. From minimal installations just a few years ago, the country has now added over 20 gigawatts of battery capacity to its electric grid, with 5 GW installed in the first seven months of this year alone, according to the EIA. This rapid expansion is equivalent to adding the output capacity of 20 nuclear reactors to the grid in just four years. The EIA forecasts that this capacity could double to 40 GW by 2025 if planned expansions proceed as expected.\nOn the other hand, transformations in policy, market dynamics, and technological advancements are also driving significant shifts in electricity generation, presenting new challenges for the US electric grid. Much of the country's high-voltage transmission infrastructure dates back to the 1960s and 1970s, leaving it ill-equipped to handle current and future grid demands. Policy changes could further shape the landscape. For instance, Bernstein analysts have highlighted potential risks to electrical infrastructure stocks if the incoming Trump administration repeals the $7,500 electric vehicle tax credit. Such a move, reportedly under consideration as part of broader tax reform, would eliminate a key driver of electrical distribution infrastructure investment. EV charging typically occurs at home, and a growing EV installed base has been a significant catalyst for grid investments. Bernstein estimates that repealing the tax credit would lower electricity demand growth from EVs, reducing the compound annual growth rate from 0.6% to 0.4% over the next five years. To illustrate the potential impact, they pointed to Germany’s rollback of EV subsidies in 2023, which led to a 30% drop in EV-related demand year-to-date in 2024.\nAll things considered, leading electrical infrastructure stocks are poised for substantial gains, supported by the approval of over 46,000 infrastructure projects spanning a wide range of industries, and a monumental $1.2 trillion investment allocated by the U.S. administration.\n A solar panel farm with an orange sky illuminating the vast landscape. \nOur Methodology\nTo compile our list of the best electrical infrastructure stocks to buy according to analysts, we analyzed various stock screeners and ETFs, selecting stocks based on their upside potential as of December 16. The stocks are ranked by their average upside potential, from lowest to highest, based on price targets. Additionally, we included the number of hedge funds holding stakes in these stocks, using Insider Monkey’s Q3 hedge fund data.\nWhy do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\nFirst Solar, Inc. (NASDAQ:FSLR)\nAverage Analyst Upside: 47.33%\nNumber of Hedge Fund Holders: 59\nFirst Solar, Inc. (NASDAQ:FSLR) is a leading force in the renewable energy sector, specializing in utility-scale solar power plants. The company has delivered numerous large-scale photovoltaic (PV) installations globally, contributing significantly to the adoption of solar energy. With an installed generation capacity of approximately 25 gigawatts and a growing project backlog, First Solar is well-positioned to expand its market share.\nOn December 12, Truist Securities reaffirmed its Buy rating on First Solar, Inc. (NASDAQ:FSLR) and maintained a $300 price target, highlighting the company's robust growth outlook. This follows First Solar’s announcement of a Tax Credits Sale agreement with Visa Inc., under which the energy company will transfer $645 million in tax credits to Visa for $616 million—a purchase price of $0.955 per dollar. Truist projects that First Solar, Inc. (NASDAQ:FSLR) will generate $1 billion in tax credits in 2024 and $1.6 billion in 2025, with expectations of similar monetization deals for its 2025 credits.\nThe company is also making significant strides in manufacturing expansion. First Solar, Inc. (NASDAQ:FSLR) recently inaugurated a $1.1 billion facility in Alabama, which will add 3.5 gigawatts of vertically integrated nameplate solar manufacturing capacity. Furthermore, the company is on track to commence operations at its Louisiana facility in the second half of 2025, further enhancing its U.S.-based production capabilities.\nOverall, FSLR ranks 1st on our list of best electrical infrastructure stocks to buy according to analysts. While we acknowledge the potential of FSLR, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FSLR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493224364"}