Bright prospects for First Solar (FSLR)

"Sometimes you have to go out on a limb because that's where the fruit is," says Josh Wolfe, adding, "In the words of renowned investor Shelby Davis, 'You make most of your money in a bear market. You just don't realize it at the time.'"

In The Forbes/Wolfe Emerging Tech Report he states, "Now is a good time to take stock of our portfolio." In doing so, he highlights First Solar (NASDAQ: FSLR), which maintains its buy rating in his long-term model portfolio. Here's his review.

"When the stock market tumbles, investors tend to react in one of two ways: Either they panic and sell their stake, or they expand their equity in businesses that show a strong foundation for long-term growth.

"The stock exchange is the only store in the world where, when prices drop and things go on sale, most people run for the exits. 

"We have focused on companies that reduce their exposure t