Chart of Day: Energy Stock Doubles Income

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. Keep an eye on rebounding shares of First Solar (SYM: FSLR). After finding support just under $200 a share, the oversold solar giant is now back to $231.07. From here, we'd like to see it retest $260 initially. Helping, company earnings have been strong. Second quarter net income more than doubled to $349 million, or $3.25 a share from $171 million, or $1.59 a share. Revenue was up 25% year over year to $1.01 billion, which beat by $66.11 million.  "We are pleased with our financial and operational execution through the first half of this year as we continue to deliver on our commitments," said Mark Widmar, CEO of First Solar. "Our balanced approach to growth, profitability, and liquidity, combined with multiple technological and business model points of differentiation is enabling us to deliver value for both our customers and our shareholders". Did you miss yesterday's Chart of the Day? Click here to view it now. DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264   Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. Daily Guru Trades is a newsletter offered to the public on a subscription basis. While subscribers receive the benefit of Daily Guru Trades opinions, none of the information contained therein constitutes a recommendation from Daily Guru Trades that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. 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