First Solar to Join SP 500

Last week Standard & Poors announced that First Solar (Nasdaq: FSLR) will soon join the S&P 500, replacing Wyeth (NYSE: WYE), which was acquired by Pfizer (NYSE: PFE).

Like solar companies across the board, First Solar’s shares fell
dramatically in 2008, but have partially recovered in recent quarters
and have bumped up since the news release.

Reuters interviewed analysts from Merriman Curhan Ford, Wedbush Morgan and Soleil Securities, who discussed First Solar share prices in relation to polysilicon prices and global project development. 

First Solar also is one of the many green stocks covered in Progressive Investor. Click here to learn more. 

Follow the link below to read the Reuters piece.

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