Canadian Solar: Overstated Tariff Fears Offer Excellent Pay-Off
Summary
- Canadian Solar is one of the largest solar panels manufacturer in the world.
- The company's subsidiary, Recurrent Energy, secured a $500m investment from BlackRock, providing financial and reputational value.
- CSIQ faces risks due to its heavy dependence on China for production and potential tariffs on Chinese imports, but the company is taking steps to mitigate these risks.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CSIQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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