Is First Solar Stock Underperforming the S&P 500?

With a market cap of $13.6 billion, First Solar, Inc. (FSLR) is a solar technology company providing photovoltaic (PV) solar energy solutions in the United States and internationally. Founded in 1999, the Tempe, Arizona-based company manufactures and sells PV solar modules that provide a lower-carbon alternative to conventional PV solar modules.

Companies valued at more than $10 billion or more are generally considered “large-cap stocks”, and FSLR fits this criterion perfectly. The company benefits from an innovative portfolio of solar solutions and increased consumer confidence in alternate fuel sources.