On Friday, First Solar (FSLR) his a 52 week high.
The stock went up 5% on Friday because of a ruling on solar panel imports.
It’s beaten earnings the past 8 quarters.
It beats EPS estimates by 103% on average.
It reports earnings November 1, 2017.
We think it’s cheap because 30% of its market cap is in cash.
First Solar has gone up 78% the past 6 months.
We are long the November $57.50 calls.
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