FirstSolar (FSLR - Last trade $80.82) is arguably the brightest solar stock of 2007. The stock has skyrocketed from a January 3 low of $28.20 to a June 19 high of $79.88. Banc of America, Lazard Capital, Piper Jaffray, Cowen & Co and First Albany all have buy ratings on the stock. Jim Cramer, who recently said that solar valuations have become uncomfortably high, said that he won't endorse shorting FSLR. As we pointed out last week, FSLR has recently showed the highest volatility of U.S. listed solar stocks.
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