First Solar makes solar-power modules with a thin-film semiconductor technology that doesn't use silicon. The stock is up 809% YTD, and with everyone jumping on the solar energy bandwagon, a lot of people think it's going to rise another couple hundred percent in '08. Well, with earnings estimates forecasting 65-70% growth in EPS for '08, the stock is far too expensive. With a PE nearing 200, this has bubble written all over it. Read full article
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