Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of First Solar
So what: We don't know how much MidAmerican was willing to pay for the $2 billion Topaz project. The bet is nevertheless interesting because of who's making it. MidAmerican is a subsidiary of Warren Buffett's Berkshire Hathaway
Now what: Though First Solar is arguably better positioned than many peers, a handful of solar stocks rallied as the news spread. Canadian Solar
Interested in more information about First Solar? Add it to your watchlist by clicking here.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He owned shares of Berkshire Hathaway at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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