5 Best Upside Stocks To Buy Now

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

Latest Share Price Upside: 50%

Number of Q3 2023 Hedge Fund Investors: 49

First Solar, Inc. (NASDAQ:FSLR) is a solar panel manufacturer headquartered in Tempe, Arizona. Like other solar power companies, its shares have been facing downward pressures recently as high rates take a bit out of large spending. Naturally, this also leaves First Solar, Inc. (NASDAQ:FSLR) with a sizeable share price upside.

During Q3 2023, 49 out of the 910 hedge funds surveyed by Insider Monkey were First Solar, Inc. (NASDAQ:FSLR) shareholders. Robert Pohly’s Samlyn Capital was the largest shareholder since it owns $293 million worth of shares.

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