LEDs and Alternative Energy
Source: http://feeds.feedburner.com/~r/ElectionStocks/~3/464367910/Posted on Monday, November 24th, 2008 | In Politics & Your Money
Real Money’s Chris Versace had an interesting point on alternative energy today.
I can understand why several of the solar stocks are up big today, but if at least one of the driving forces here is how the next presidential administration will be favoring alternative energy programs, then why not LEDs, which use 10% the energy of a conventional light bulb and are getting traction in all sorts of applications (notebook computers, PCs, televisions and autos) and wind power related companies. Potential plays here could be CREE and Rubicon Technology for LEDs and Trinity Industries for wind power.
Position: Long CREE
The techonology for making LED’s more efficient are rapidly improving to the point where they are actually serious competition for flourescent light bulbs. They have other serious advantages too, such as a lack of mercury and a willingness to work in tandem with alternative sources of energy.
Versace suggested CREE, but other popular LED stocks include CLRK, CMH.to, and for more cautious investors, PHG.
Last 5 posts by Jeffrey Miller
- A Tough Nut to Crack - October 29th, 2009
- ETF Update: Looking to the Internet - October 25th, 2009
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- ETF Update: Another Look at the Banks - October 18th, 2009
- Identifying Quackery (and Other Mistakes) - October 6th, 2009
Chris Versace;, election stocks, energy, energy programs, Jeffrey Miller, PARTIAL, Politics & Your Money, Trinity Industries
 About Jeffrey Miller (http://www.oldprof.typepad.com)
Jeffrey A. Miller, Ph.D. is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. In 1987 Jeff began work for market makers at the Chicago Board Options Exchange. His approach included finding anomalies in the standard option pricing models and developing new forecasting techniques. Merging these quantitative techniques with specific company analysis, Jeff also generated trading ideas from sell-side analyst reports. Through his years of experience in trading options, futures and equities, Jeff has come to be regarded as an expert in interpreting the effect of news on the markets and individual stocks. Jeff has served as a forensic expert in several cases involving such issues. He has also written a series of papers on investment management, describing both quantitative methods and those related to behavioral economics. |
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