First Solar shines after J.P. Morgan comments

|By:, SA News Editor

First Solar (FSLR +7.3%), already +73% YTD and +127% in the past 12 months, soar again as J.P. Morgan analysts say FSLR is one of their top picks in the clean-tech sector along with EnerNOC (ENOC +0.8%) and SolarCity (SCTY -2.3%).

The firm says it remains optimistic FSLR will be able to achieve its 2014-15 targets given at the recent Analyst Day; FSLR's pipeline appears more robust with recent contract wins and with projects that are held longer, resulting in higher margins.