Is Now the Time to Invest in Solar while Stock Prices are Cheap?
Solar stocks have had an interesting history the last two years. Take First Solar Inc. (FSLR) for instance. From January 2007 to April 2008, the stock boomed more than 900% as demand for renewable energy prices surged along with rising oil prices. However, this growth did come to an end as with most rapid-growth stories and the stock fell from over $300 a share to just $140. Recently, Forbes explained what happened in an article entitled “The Great Solar Shakeout." Here’s what they had to say, “Hidden behind these glowing [compounded annual growth rates] CAGRs is a mass of shadows,…