Key Points
- Last week, First Solar announced an $80 million acquisition of Swedish solar technology group Evolar AB.
- A positive tax law development is also making the stock shine again.
- The addition of Evolar is expected to bolster First Solar’s competitive position in the thin film photovoltaics space.
- Many bulls are on board — and could be in control for months to come.
- 5 stocks we like better than First Solar
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