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If President Donald Trump’s “Big Beautiful Bill” passes, it would not be so beautiful for companies in the solar industry. This reality was evident in the meltdown that solar stocks witnessed on news that the Senate version of the bill looks to fully phase out both solar and wind power tax incentives by 2028.
So, where does that leave First Solar (FSLR), whose shares have corrected by nearly 18% already this year? In a pretty good place, if analysts are to be believed.