Is First Solar an Overlooked Beneficiary of AI-Based Electricity Demand Growth in the US? EPS Could Multiply to Over $36 by 2027!
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US electricity demand will increase by 2.4% p.a. until 2024, and utilities will have to invest a good $50 billion just to meet the demand for data centers. First Solar is an overlooked beneficiary of rising energy demand in the US and could multiply EPS to $36.74 by 2027! Joerg Meyer writes at 16:00: First Solar (FSLR) has bottomed out and is poised for a 75% EPS increase to $13.56 in 2024 and another 53% to $20.72 in 2025, thanks in part to the Inflation Reduction Act. The P/E ratio would be in the single digits. The share should continue...
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