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2 pts

Resource expert sets sights on clean energy

 May 26, 2008 10:00 AM UTC
Return Risk
-26.21% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
STP Positive 05/26/08 -53.73% 10/20/08
CCJ Positive 05/26/08 -64.63% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: China, Newsletters, Canada, Commodities, Oil, Suntech Power Hldgs ADS (STP), Stocks to Buy, Green Stocks

"Oil is setting the stage for a big rally in alternative energy," says Eric Roseman, resources expert and editor of Commodity Trend Alert. Here's a look at two stocks poised to benefit from this trend.

"A surging oil price is extremely bullish for alternative energy. Over the last 12 months, as oil prices have doubled, uranium and solar energy stocks have crashed.

"These sectors have declined because sub-prime has taken everything to the basement until recently - not because solar energy or uranium are flawed investment themes.

"That's why we've recently placed new trades on Suntech Power Holdings (NYSE: STP) and Cameco (NYSE: CCJ). There's no way high oil prices won't encourage more interest in these distressed sectors.

Continue reading Resource exp

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