Why I Am Not Chasing Canadian Solar's Recent Rally Yet
Summary
- Canadian Solar Inc.'s recent stock rally is driven by optimism around its shift to integrated energy infrastructure, but underlying financial issues persist.
- CSIQ faces significant challenges, including margin erosion, tariff risks, and negative cash flow, despite promising growth in its energy storage division.
- Heavy short interest indicates market skepticism, but strategic wins like the Colbún deal show potential for future growth if execution improves.
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