The Hot Stock: First Solar Soars 4.8\%

From Stocks To Watch Today
January 11, 2017 - 4:40pm

First Solar (FSLR) soared to the top of the S&P 500 today. First SolarĀ gained 4.8\% to $35.00 today, while the S&P 500 rose 0.3\% to 2,275.32. Here comes the boiler plate: As has generally been the case with First Solar recently, there was no easily identifiable news to prompt the big move. This is the third time in under six weeks that First Solar has led the S&P 500 with no apparent catalyst in sight. And it's not like the market is expecting great things from the solar sector this year. Consider this 2017 outlook from CFRA's Angelo Zino, which was released on Monday:

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