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Canadian Solar: This Is An Opportunity


The drop in CSIQ shares due to the broad-market weakness in the solar industry presents an opportunity for investors to buy more shares.

CSIQ is set to benefit from an improvement in its addressable market in the U.S. since the majority of the company’s late-stage pipeline is present here.

CSIQ is focused on enhancing its capacity as this will allow it to reduce costs on the back of an increase in the bulk purchase of raw materials.

CSIQ is making design improvements to its products in order to improve cell and wafer efficiency, which will enhance electricity conversion and reduce size, thereby lowering costs.

Canadian Solar (NASDAQ:CSIQ) shares have lost...