Ariel Investments released its second-quarter 2025 investor letter, noting extreme market fluctuations. The Ariel Global Fund traded +7.38% higher, outperforming the MSCI ACWI Index and MSCI ACWI Value Index. Enthusiasm for AI stocks and strong corporate earnings drove global and U.S. indices to new highs. Check the fund’s top five holdings for 2025 picks.

First Solar, Inc. (NASDAQ:FSLR) was highlighted in Ariel Global Fund’s Q2 2025 investor letter. The solar technology company saw a one-month return of -0.58% and shares lost 15.12% over the last 52 weeks. On September 16, 2025, FSLR stock closed at $205.25 per share with a market cap of $22.01 billion.

Ariel Global Fund added First Solar, Inc. (NASDAQ:FSLR) to its portfolio, citing benefits from domestic production and AI power demands. FSLR is sold out through 2026, with potential contract wins expected to accelerate. The company is positioned to capitalize on America’s energy policy and AI trends.

First Solar, Inc. (NASDAQ:FSLR) is not among the 30 most popular stocks among hedge funds. While recognized for its potential, some AI stocks offer greater upside and less risk. Investors seeking undervalued AI stocks with growth potential can explore a free report on the best short-term AI stock.

Read more at Yahoo Finance: Here’s Why Ariel Global Fund Initiated a Position in First Solar (FSLR)