First Solar Stock Sees Relative Price Performance Flare Up

First Solar (FSLR) stock had its Relative Strength (RS) Rating upgraded from 66 to 72 Friday — a welcome improvement, but still below the 80 or higher score you look for.

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This exclusive rating from Investor’s Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the market’s biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if First Solar can continue to show renewed price strength and hit that benchmark.

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Is First Solar Stock A Buy?

First Solar stock is trying to complete a consolidation with a 232.00 buy point. See if the energy stock can break out in heavy trade. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

The solar energy company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 450%. Revenue rose from 16% to 45%.

First Solar stock holds the No. 1 rank among its peers in the Energy-Solar industry group. Solarmax Technology (SMXT) and Nextracker (NXT) are also among the group’s highest-rated stocks.

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