First Solar could turn out to be one of the very few winners from the Suniva/SolarWorld case, so even though it's lost over 5 percent this week, there's room for a reversal
Trump's Solar Tariff Confusion Creates An Opportunity
The solar sector is reeling from confusion, and stock prices are reeling right along with it. The time it has taken investors and traders to wrap their heads around Trump's industry tariffs and the pyrrhic victory of two solar companies in a case against cheap Chinese imports has seen stocks rally in a big way, and then fall just as hard.
When the International Trade Court ruled in favor of plaintiffs Suniva and SolarWorld in their case against cheap Chinese solar module and cell imports, reactions were polarized: the U.S. solar industry was outraged--as it had been for most of the duration of the court investigation--and investors, apparently, were extremely upbeat for the future of this same outraged industry, sending solar stocks sky-high.
