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Aditya Sarawgi

Is First Solar Stock Underperforming the Nasdaq?

First Solar FSLR NXT

Tempe, Arizona-based First Solar, Inc. (FSLR) is a photovoltaic (PV) solar technology and manufacturing company. With a market cap of $18.8 billion, the company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Companies worth $10 billion or more are generally described as "large-cap stocks", and First Solar fits this description perfectly. The company is one of the few U.S.-based names among the world's solar giants. FSLR focuses on sustainable, efficient, and eco-friendly solar energy solutions.

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