Analyst Recommends This Top AI Energy Stock - 'Cheap Play on AI'

We recently published Trending Analyst Calls: 10 Stocks to Buy and Sell. First Solar, Inc. (NASDAQ:FSLR) is one of the trending analyst calls.

Doug Clinton from Deepwater Asset Management said in a recent program on CNBC that he believes First Solar is a cheap energy stock. Here is how the analyst made his bull thesis:

“I think for solar and maybe solar in general has sort of been just thrown out entirely. I think a lot of the excitement around energy production maybe as a as a era for AI has been around nuclear, not solar. And I think solar is inevitable as part of the solution to addressing how do we how do we fix this problem where we don’t have enough power to power all these data centers that we’re building. So First Solar Inc (NASDAQ:FSLR), it’s an American company. They build some of their panels in America. And I think that’s very important in this environment and with this administration. And our models have loved First Solar Inc (NASDAQ:FSLR) almost all year. Trades very low double digit EPS. And so it feels like kind of a cheap play on AI as hard as that is to believe.”

Ariel Global Fund stated the following regarding First Solar, Inc. (NASDAQ:FSLR) in its second quarter 2025 investor letter:

“We also added First Solar, Inc. (NASDAQ:FSLR), a U.S.-based photovoltaic solar technology and manufacturing company. As the only US based solar module manufacturer of scale, we believe the company stands to benefit from growing AI power demands as well as “America First” energy policy tailwinds. As of today, FSLR is sold out through 2026. However, as the final Inflation Reduction Act rules become clearer, we believe FSLR’s contract wins should accelerate, particularly as developers seek to secure as much capacity as possible to pre qualify modules for subsidies before they expire.”

While we acknowledge the potential of FSLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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