Following the close of the Pioneer Natural Resources acquisition on May 3, we are resuming coverage of Exxon Mobil at Overweight. In addition, we see 16% upside to Exxon’s 2025 consensus free cash flow per share at flat oil ($80 a barrel WTI).
(Bloomberg) -- A US company has become the world’s most valuable solar manufacturer for the first time since 2018, as Chinese rivals suffer from a profit-slashing price war and an onslaught of trade barriers erected by Washington.Most Read from BloombergGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipZyn Shortage? Nicotine Pouches Out of Stock in Seve
First Solar, a new member of IBD Leaderboard, has rallied sharply in recent months. Today's column introduces a double butterfly options trade in First Solar stock. After watching the daily recaps on IBD Live this past week, my eyes turned to First Solar stock.