5 Best Wind Power and Solar Stocks To Buy

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This article presents an overview of the 5 Best Wind Power and Solar Stocks To Buy. For a detailed overview of such stocks, read our article, 12 Best Wind Power and Solar Stocks To Buy.

5. First Solar Inc (NASDAQ:FSLR)

Number of Hedge Fund Investors: 47

First Solar Inc (NASDAQ:FSLR) ranks fifth in our list of the best solar and wind stocks to buy according to hedge funds. As of the end of the fourth quarter of 2023, 47 hedge funds had stakes in First Solar Inc (NASDAQ:FSLR). The biggest stake in First Solar Inc (NASDAQ:FSLR) is owned by Robert Pohly’s Samlyn Capital which owns a $309 million stake in First Solar Inc (NASDAQ:FSLR).

Earlier this month, BofA analysts set a $272 price target on First Solar shares. This price target presents a strong upside potential based on the February 20 stock price of $156.

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