What individual stocks are you guys betting on for when the alternative energy revolution hits full force? And please don’t say the best bet is to invest in an index or mutual fund. I already know about those.
Check out GT Solar’s IPO yesterday… $16.50. Now it’s $10ish. They earn 25 cents. They build the factories that make solar panels. I say it’s a buy at $2.50/share.
WFR … added after yesterday’s drop
why wfr? why not amat?
As I’ve made clear in another thread, I’m a big supporter of wind (don’t know a lot about solar). Unfortunately, I know enough about wind to know most wind related stocks are way overvalued. The only ones I find reasonable are Zoltek (ZOLT) which makes carbon fiber for turbine blades, and I like certain energy infrastructure names, although they’re getting very expensive as well - VMI, PWR, AZZ.
amat looks very solid also, but have been watching wfr for a while and havent done the same dd on amat. wfr is slightly cheaper than AMAT at the moment fwiw. both of these guys seem like a safer bet to me than the individual solars like stp,fslr,yge,etc.
forget alt energy, NGAS is the best price economics. XTO at under $50? Market is insane