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Tuesday, December 16, 2008

The Next Booming Industry

Christmas is just around the corner.  However both Wall Street and Main Street are experiencing one of the coldest winter of the century.  So instead of the usual Christmas rally the investors are anticipating for January for "The Change" - the next president Obama.

Although the Obama administration doesn't take charge until late January, this is probably a good time to start looking at what industries would probably benefit from the new chief.  And the indutry that would benefit a lot?  Alternative energy.

President Obama promised jobs creation after he comes onboard.  And one of the area he specifically like to have millions of jobs created is the alternative energy industry.  

And among all the alternative energy sectors, the first one I would like to take a look at today is the solar power sector.  Here are some of the US based ones you might want to pay attention too.
  • First Solar (FSLR)
  • SunPower (SPWRA)
  • Evergreen Solar (ESLR)
  • Spire (SPIR)
  • Akeena Solar (AKNS)
  • Energy Convesion Devices (ENER)