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Solar Power Profits

By Jeff Siegel
Thursday, November 17th, 2005

At the top of a revised $16 to $18 range (from $12 to $14), Cypress Semiconductor-owned SunPower Corporation debuted today at $18. The IPO was a stunning success.

Before 11:30 the stock was up more than 50%.

But the reason I'm telling you about SunPower today is not because of the stock's impressive morning gains.

You see, thanks to the additional hype generated from SunPower's IPO, the solar industry as a whole has been getting a free PR ride over the past month - which, fortunately for us, has done nothing but push our solar stocks even higher.

In fact, one of our most recent solar plays is up more than 40% in just 27 trading days.

Based on market behavior, I think solar energy stocks, and renewables in generally, will lead the market in 2006.

Don't miss out.

If you want the latest investment recommendations in the hot renewable energy stock sector, join my Green Chip Stocks service: [Green Chip Stocks]

Just in the past year, the Green Chip Stocks portfolio is up 27% for 2005. Of the 13 open positions in the portfolio, only 3 are down!



-Jeff Siegel

Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!

There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.





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Comments:

Comment by Bob Downs on 2009-06-26
You can push the numbers around all
you want but what you have a bill
that will make the US a poorer place
and more socialistic by transferring
wealth from those with to those that want.

The government has a more than dismal record on providing realistic numbers on anything and also on running any program.

So why would anyone want such
stupid legislation??
Comment by ChuckL on 2009-06-27
You're correct Jeff. We have to be careful about phony figures, including yours in the referenced article. The figures that I have seen range from $1100 to 1600 per household for energy, but do not include the added costs of products that will also cost more to manufacture, package, and ship.

Your figures are at lease as bad as the ones that you are debunkinng. Is it possiblwel that you are set to make a killing if this hidden tax bill passes?
Comment by Myron Wacker on 2009-06-27
As I see it average temps. have gone down for the last two years. Why has the book been closed on global warming? The cap and trade bill is socialist no matter how many times you say it isn't. Thank You,Myron Wacker