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What Is The Challenges Of The Stock Market

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When it comes to the stock market a lot of research must be taken place in order to fully understand what you are buying into. Before starting the course I was very nervous to what I was buying into. I did some research and I will be focusing on three solar companies. I will be focusing on First Solar Inc., SunPower Corp., and Vivint Solar Inc. Before doing research and buying into anything I thought to myself what is relevant and what would be interesting to watch rise or fall. Since I have solar panels on my roof, I thought it would be interesting to see how other solar companies do. One of the biggest challenges of the stock market is fear and risk. It is hard to try and predict when a stock is going to rise or when it is going to …show more content…

“The federal government provides a solar tax credit, known as the investment tax credit (ITC) that allow homeowners and businesses to deduct a portion of their solar costs from their taxes” (Energysage). Another incentive is tax exemptions. Some states do not include the value of solar panels systems into the value of your property. Which means your tax bill won’t be increased and you do not have to worry about any additional costs. Which can be one reason why home and business owners would want to avoid getting solar panels. The first company I will be focusing on is First Solar. It was founded in 1999 and its headquarters is in Tempe, Arizona. At first I was very nervous to buy into First Solar. On November 4, I bought 14 shares at $59.72 and on December 8, I bought 82 shares at $68.95. I have 11% holding and a value of $6,577.92. It’s high is at 68.80 and its low is at 67.43 (MarketWatch). On Monday, December 11, 2017, an analyst noticed that First Solar rose and it will continue to see long-term growth due to the advancement in technology and lower installation costs. “Baird analyst Ben Kallo raised First Solar to outperform from neutral and his price target to 82 from 69 in a research note to clients.” (Deagon, 2017). Since First solar is one of the largest U.S. solar products maker, it has risen 22% since it’s quarterly results on December 5, 2017. (Deagon, 2017). The second company I invested into is SunPower Corporation. It

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