First Solar (FSLR) Gained Spotlight Ahead of RE+ Conference and U.S. Factory Speculation

First Solar, Inc. (NASDAQ:FSLR) ranks among the best performing S&P 500 stocks in the last 3 months. JPMorgan reaffirmed First Solar, Inc. (NASDAQ:FSLR) as a “top pick” on August 25, setting the company’s price target for December 2025 at $241. In anticipation of the RE+ conference on September 8 and a possible announcement of a U.S. factory, the bank advises purchasing September call spreads on First Solar, Inc. (NASDAQ:FSLR) in order to position for upside.

The firm backs First Solar’s risk-reward profile, noting the company’s greater insight into medium-term growth potential due to backlogs that will stretch this decade. JPMorgan also notes that First Solar’s production in the United States gives it an advantage over competitors due to more U.S. credits and lower tariff exposure.

First Solar, Inc. (NASDAQ:FSLR) is an American solar technology company and a global supplier of sustainably produced eco-efficient solar modules.

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Disclosure: None. This article is originally published at Insider Monkey.