First Solar (FSLR) Sees Long-Term Profit Margin of 20% to 30%

April 9, 2013 9:38 AM EDT
First Solar's (Nasdaq: FSLR) CEO Jim Hughes made positive industry comments this morning. For starters he said he thinks solar is competitive as a fuel displacement and sales will not depend on the climate change thesis. He also said he thinks the market is stabilizing and projects long term profits margins of 20 to 30 percent.

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