As the solar industry develops into a formidable force to compete with fossil fuels, companies are starting to separate themselves from the pack. And amid an industry dominated by commodity solar manufacturers, First Solar (NASDAQ: FSLR) and SunPower (NASDAQ: SPWR) are developing differentiation from competitors that should serve them well long-term. Here's a look at why they're our picks as the perfect stocks for a solar powered future.
Like all other solar stocks. First Solar's shares are going to go through wild swings as investors continue to view this industry through a growth lens instead of a cyclical lens. As a result, investors can now pick up shares at an incredibly cheap price to tangible book value of 0.62 times. If you want to buy into the future of solar, then First Solar needs to be on your list.
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The author(s) may have a position in any stocks mentioned.