Solar Stocks Smashed on Weak First Solar Outlook (FSLR, SPWRA, STP, more)

Solar stocks are getting burned this morning following earnings out of First Solar (Nasdaq: FSLR) last night after the market closed. One of the largest solar module manufacturers, and previously considered the "best-of-breed" solar play, First Solar issued strong Q4 results, but gave a very concerning FY09 outlook. Shares of First Solar are currently down 15.5% to $116.42.

Elsewhere in the solar sector:

• SunPower (Nasdaq: SPWRA) down 7% to $30.77
  
• Suntech (NYSE: STP) down 5.5% to $7.02
  
• Energy Conversion Devices (Nasdaq: ENER) down 4.1% to $25.06
  
• Canadian Solar (Nasdaq: CSIQ) down 6.4% to $3.81
  
• Evergreen Solar (Nasdaq: ESLR) down 5.6% to $1.36
  
• Yingli Green Energy (NYSE: YGE) down 6% to $3.95
  
• LDK Solar (NYSE: LDK) down 4% to $5.68
  
• JA Solar (Nasdaq: JASO) down 4.5% to $2.12

Numerous analysts are out with research notes this morning weighing in on the soft First Solar outlook. Here is StreetInsider.com's summary of the analyst calls from Deutsche Bank, Citi, Merriman Curhan Ford and Piper Jaffray.

The solar sector, as measured by the Claymore/MAC Global Solar Index ETF (NYSE: TAN), commonly referred to as "The Tan", is currently down 8.5%.

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