George Soros Loads Up On First Solar Calls: What Does He Know That Wall Street Doesn't?

Core Viewpoint - George Soros is making a significant investment in First Solar Inc. (FSLR) by acquiring 1.6 million call options valued at over $202 million, which is now the second-largest holding in his$6.7 billion portfolio, indicating a bullish outlook despite broader market skepticism towards solar stocks [1][2][3]. Group 1: Investment Details - Soros Fund Management's new position in First Solar is a contrarian bet, as the stock has been underperforming compared to broader indexes and analysts have lowered expectations for the sector [3]. - The call options purchased by Soros suggest an expectation of substantial upside in First Solar shares, contrasting with the prevailing cautious sentiment in the clean energy market [2][3]. Group 2: Broader Investment Strategy - In addition to First Solar, Soros has also increased call positions in the iShares 20+ Year Treasury ETF (TLT) and invested in defensive stocks like AstraZeneca PLC (AZN) and American Electric Power Company Inc (AEP), indicating a diversified investment strategy [4]. - The focus on First Solar as a key investment highlights its potential as a standout opportunity in a sector that many investors have abandoned [5].