We recently published an article titled Billionaire Chris Rokos. In this article, we will look at First Solar, Inc. (NASDAQ: FSLR) position against Chris Rokos' other stock picks with huge upside potential.
One of the characteristics of an investor who defines as a billionaire is the ability to make money, regardless of market conditions. Chris Rokos is an example. For example, in March 2025, hedge funds rose 3.4% due to increased volatility. Meanwhile, large asset managers such as Point72, Citadel and Millennium work hard to handle volatility.
Christopher Charles Rokos is a British hedge fund manager. After nearly 10 years with Goldman Sachs, he co-founded Brevan Howard in 2002, where he traded interest rate products. In 2015, he founded Rokos Capital Management. As of 2025, asset managers have approximately US$20 billion in managed assets (AUM). Rokos is the fund's Chief Investment Officer (CIO).
Billionaire hedge fund managers made the most of Trump's election last November. Rokos made nearly $1 billion in profits a day after Trump’s victory, according to a Bloomberg report. According to the report, this is an "excellent transaction performance" since its operation began in 2015.
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Victory did not stop there. Since the election victory, Trump has helped to rally and rout with almost equality. But, it is interesting that Rokos keeps increasing profits regardless of market conditions. Thanks to Trump's push for the rally in November 2024, Rokos Capital Management ended the year with a return of 31%.
In early April 2025, Trump's tariffs triggered a big sell-off, and many hedge funds lost money. But not Rokos. Asset managers rose to 4.5% in the first two weeks of the month. As of mid-April 2025, this earning helped hedge funds reach 8% annual earnings.
However, it remains to be seen whether Rokos Capital Management will continue to win this year, especially given the market conditions. On Monday, May 5, 2025, the S&P 500 snatched from a nine-day rally, the longest winning streak in 20 years. The broader market index fell 0.64%, while the Nasdaq fell 0.74%, and the Dow Jones lost 0.24%.
Market observers cited by CNN lower tariffs. For example, Jed Ellerbroek of Argent Capital Management said, “The market is very concerned about the final state of tariff rates and it bounces every day as these assessments change.”
Senior technical strategist Tom DeMark told Bloomberg that a bear market could be a situation soon. "The top is imminent. There has been too much technical loss. Stocks are now vulnerable and if anything quickly changes the global trade outlook, it's easy to get hit."
However, it is not surprising that Rokos Capital manages earnings from the bleak market (if the current forecast holds true). They have done it before. Therefore, it seems wise to understand the stock picks of hedge funds, especially those with huge upward potential.
We comb through the SEC Q4 2024 13F file from Rokos Capital Management. We focus on the fund's most valuable stock holdings (excluding ETFs and options) and then rank the stocks based on the analyst's price targets. As of May 7, 2025, we selected stocks with a margin of at least 30% and then selected the top 10.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
A solar panel farm with an orange sky illuminates the expansive landscape.
Rokos Capital Management Stakes Value: $1,434,201
As of May 7: 54.74%
Number of hedge fund holders: 65
First Solar, Inc. (NASDAQ: FSLR) is the largest publicly traded solar module manufacturer in the United States. The company designs and manufactures photovoltaic (PV) solar panels and develops utility-scale solar projects. Some of its products include thin-film solar modules, battery systems and large solar farms.
First Solar, Inc. (NASDAQ: FSLR) reported Q1 2025 revenues in late April 2025; the results were solid. Gross margin was 41% (up from 37% in the previous quarter) and energy production reached 4.0 GW. But despite these highlights, the company cuts its full-year guidance. Earnings forecasts fell to $12.50 to $17.50 per share (from $17 to $20), while revenue expectations were cut to $450 million to $5.5 billion (from $530 million to $5.8 billion).
CEO Mark Widmar said that while the company expects some trade policy changes, the scale and depth of Trump's tariffs are more destructive than expected. This situation is First Solar, Inc in India, Malaysia and Vietnam. (NASDAQ: FSLR) Manufacturing facilities create "significant economic headwinds". The company faces uncertainty after the president's 90-day pause. This gives the company the ability to quantify the precise tariff rates for module shipments.
On April 30, 2025, Jefferies lowered the stock from "buy" to "hold" and lowered its target from $202 to $127. The research firm cites concerns about challenging near-term environment and edge compression.
Overall FSLR Ranked sixth There is huge upward potential in our Chris Rokos stock picks. Although we acknowledge the potential of FSLR as an investment, our belief is that AI stocks have greater hope and can deliver higher returns and conduct them in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than FSLR, but whose earnings are trading below 5 times the price, check out our report The cheapest AI stock.
Read next: According to billionaires, there are 20 best AI stocks available now, and 30 best stocks to buy now.
Disclosure: None. This article was originally published in Internal monkey.