My Favorite Solar Stock
Hanwha SolarOne (NASDAQ:HSOL) has announced that it landed a 3-year $100 million loan from Korea’s Export-Import Bank. The stock is up a bit in pre-market.
As for me, I just don’t have the stones to trade China-based solar stocks right now. Besides, I continue to crush it on SolarCity (NASDAQ:SCTY), and feel much more comfortable having a position in that company, which is essentially a cousin of Tesla (NASDAQ:TSLA).
As Barron’s pointing out yesterday, the stock has recently started trading in tandem with Tesla, and Tesla CEO Elon Musk is SolarCity’s chairman. Also worth noting is that SolarCity’s CEO is Elon Musk’s cousin. Guess these profits are staying in the family. But you can wet your beak along the way. I certainly am.
How to Profit from Obama’s Climate Change Agenda
Both climate change zealots and head-in-the-sand deniers came out in full force following President Obama’s climate change speech. The rhetoric was empty and the message board comments were hateful and mean-spirited.
What else is new?
In any event, what’s done is done. Obama drew yet another line in the sand that will invite heavy winds from Congress, which of course, will take its cues from special interest groups and media whores that squat on both sides of the aisle.
As for me, I can sum up this whole thing in one word: opportunity.
Click here to see how Obama’s climate change agenda can make you a boatload of cash.