5 Best Quality Stocks to Buy and Hold for the Next 5 Years

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

On May 5, 2026, Freedom Broker upgraded First Solar, Inc. (NASDAQ:FSLR) to Buy from Hold and raised its price target to $260 from $250 following the company’s Q1 results. The firm said Section 232 tariffs could provide upside for First Solar’s U.S. business by increasing domestic demand for the company’s products.

Meanwhile, UBS has lowered its price target on First Solar, Inc. (NASDAQ:FSLR) to $290 from $300 previously while maintaining a Buy rating on the shares.

On April 30, 2026, First Solar, Inc. (NASDAQ:FSLR) reported Q1 EPS of $3.22, versus the $2.98 consensus estimate, while revenue came in at $1.04B compared to expectations of $1.05B. CEO Mark Widmar said the company delivered a strong start to 2026 with record first-quarter revenue, record sales in India, margin expansion, and adjusted EBITDA above the high end of its preview range. Widmar added that First Solar’s competitive position continues to benefit from its technology, domestic manufacturing footprint, and independence from Chinese crystalline silicon supply chains.

First Solar, Inc. (NASDAQ:FSLR) provides photovoltaic solar energy solutions across the United States and international markets.