Wallstrip goes All Gore…

  • Posted by
  • on March 19th, 2007

If there is one area of alternative energy that makes sense to me financially, it’s tapping sunlight. It is time to Wallstrip THE SUN and open the dialogue on Solar Power.

I live in a city with 300 plus days of brilliant sun. It is powerful enough to piss me and 5 million Phoenicians off for 4 months in the summer so there must be a business opportunity.

People have been moving South and West chasing the sun for generations. Should we not be tapping it’s GOODNESS?

I like the Solar market for the main reason that it makes sense. The Global Warming issue is so political that it scares me (we had a global cooling scare just 30 years ago thanks Andy ) from an investing standpoint, but a solar group of stocks is something I am considering.

The stocks mentioned in Wallstrip today are First Solar (FSLR), Ascent Solar Technologies (ASTI) and Trina Solar (TSL). My cursory review of the stocks in the sector show a lot are newbies to the public market and not for me.

I wait at least six months for a stock to be trading before considering pouncing on an all-time high.

Evergreen Solar (ESLR) has been around much longer but way off it’s all time highs .

One chip company that supposedly makes chips for this industry is MEMC Electronics (WFR) and it has been on fire relative to the chip industry in general since the bubble burst .

I am interested to learn more. This trend looks here to stay.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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