5 Best Debt-Free S&P 500 Stocks to Buy Now

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In this article, we will list the 5 Best Debt-Free S&P 500 Stocks to Buy Now. Please visit 10 Best Debt-Free S&P 500 Stocks to Buy Now if you would like to see the extended list and the methodology behind it.

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5. First Solar, Inc. (NASDAQ:FSLR)

On May 27, 2026, GLJ Research analyst Gordon Johnson upgraded First Solar, Inc. (NASDAQ:FSLR) to Buy from Hold with a price target of $315, up from $207.82. Johnson cited resolved cancellation risk and the launch of the company’s Series 6 CuRe, or Copper Replacement, at its manufacturing campus in Perrysburg, Ohio.

Earlier in the month, Freedom Broker upgraded First Solar, Inc. (NASDAQ:FSLR) to Buy from Hold with a price target of $260, up from $250, following the Q1 report. Freedom Broker said Section 232 tariffs could bring upside to First Solar’s U.S. business and materially increase domestic demand for the company’s products.

Last month, First Solar, Inc. (NASDAQ:FSLR) reported Q1 EPS of $3.22, ahead of the consensus estimate of $2.98. Revenue totaled $1.04B, below the consensus estimate of $1.05B. CEO Mark Widmar said First Solar delivered a “strong start” to 2026, with record first-quarter revenue, record sales in India, margin expansion, and adjusted EBITDA above the top end of its first-quarter preview range. Widmar also cited the company’s differentiated technology, domestic manufacturing footprint, and independence from Chinese crystalline silicon supply chains.

First Solar, Inc. (NASDAQ:FSLR) provides photovoltaic solar energy solutions in the United States, France, India, Chile, and internationally.

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