Daiwa initiates coverage on First Solar (FSLR) with an outperform rating and a $175 price target. George Tsilis discusses FSLR as Daiwa notes that the street "may not have fully factored in the rebound in forward estimates." He also notes that FSLR joined the S&P 500 on Monday, December 19th. he then demonstrates an example trade using FSLR. The trade type is a put vertical and the breakeven is $143.50. Tune in to find out more about the stock market today.
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