First Solar (FSLR) Has a Huge Backlog. Will New Orders Deliver the Cash?

Policy Protection and Backlog Are Not the Same as Cash First Solar, Inc. (NASDAQ:FSLR) has sizable contracted solar-module demand at a time when U.S. trade rules may strengthen the position of domestic manufacturers. Yet weaker near-term sales and uncertainty over new order prices create a valuation question: how much of its backlog can be converted […]