10 Expensive Stocks That Are Worth Every Penny

Stock #2 – First Solar (FSLR)

Arizona-based First Solar (FSLR) is hot. The company reported a blowout quarter in July, with net income more than doubling in the second quarter and easily beating consensus Street estimates. In Q2, net income was $180.6 million, or $2.11 per share, compared with $69.7 million, or 85 cents per share, a year ago. The word on the Street was for earnings of just $1.65 per share.  Impressively, the company also beat top line estimates, coming in with Q2 revenue of $525.9 million. Analysts had expected the company to come in with revenue of just $458.1 million.

First Solar shares have had the virtual equivalent of a solar flare since their debut in 2006. This solar stock is well off its all-time high of just under $300, and the shares still are capable of giving investors scorching.

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