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Wednesday, February 29, 2012

Stocks with Strong Financial Metrics (NASDAQ: FSLR)

Shares of FSLR fell by 9.42% or $-3.43/share to $32.97. First Solar, Inc. is trading at a price to book ratio of 0.78. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.57 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.16. Thus, the company is not very expensive in terms of its sales. On average, 4707540 shares of FSLR exchange hands on a given day and today's volume is recorded at 2028081. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

First Solar, Inc. (First Solar) manufactures and sells solar modules with an advanced thin-film semiconductor technology.