Hello everyone, I am looking into solar stocks as they have been quite beaten down. There are very few profitable solar companies, but I found one called Canadian Solar. It seems extremely good, with a PE ratio of just 5 (All the other solar companies have a PE ratio of >30). This seems like a complete steal. Why is it so low? Am I missing something? The only thing I can think of is that it has some exposure to China but they also do global operations in other places as well.
[link] [comments] https://www.reddit.com/r/stocks/comments/16ivddg/whats_up_with_csiq_canadian_solar/
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