5 Best Solar Energy and Battery Stocks To Buy Now

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In this article, we discuss 5 best solar and battery stocks to buy. If you want to read our detailed discussion on the solar and battery industry, head over to 12 Best Solar and Battery Stocks To Buy Now.

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

Number of Hedge Fund Holders: 39

First Solar, Inc. (NASDAQ:FSLR) is a global provider for photovoltaic cells. Focusing on the cadmium telluride solar modules, the company is a major supplier in Europe, Asia, and Australia. On June 6, the company announced that it had secured $1 billion in a credit line, with JPMorgan acting as the lead arranger in the process. In addition to this, First Solar, Inc. (NASDAQ:FSLR) revealed that it is developing a research and development Center in Ohio, worth $370 million and expected to be completed in 2024. First Solar, Inc. (NASDAQ:FSLR) is one of the best solar energy stocks to watch.

As per Insider Monkey’s database for the first quarter of 2023, 39 hedge funds were bullish on First Solar, Inc. (NASDAQ:FSLR), in contrast to 44 funds in the last quarter. Robert Pohly’s Samlyn Capital remains a prominent investor in the company, with 558,868 shares worth over $121.5 million. 

Follow First Solar Inc. (NASDAQ:FSLR)

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