Canadian Solar: High-Risk Reward Investment
CSIQSolar(CSIQ) Seeking Alpha·2024-07-01 13:16

ArtistGNDphotography Here at the Lab, this is not the first time that we have updated our readers on Canadian Solar's performance (NASDAQ:CSIQ). In November 2023, we anticipated short-term risks, downgrading 2023 and 2024 EBITDA estimates due to module prices and lower sales; however, we maintained a buy rating with the expectation of de-stocking activities in the US and Europe. For new investors, Canadian Solar is a leader in the solar industry and one of the largest manufacturers of crystalline silicon so ...