Savings Experiment: Snow Removal
The Money Man Behind Rick Santorum: Who Is Foster S. Friess?"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.
"Here's another bullish reason why I like clean energy: The slow demise of bio-fuels. Over the last three months, soaring grain prices and a report on the harmful emissions manufactured by bio-fuel production has seriously compromised the bio-fuel theme.
"This means investors and governments will increasingly look to clean energy - solar and uranium. Governments will boost subsidies to solar energy. Stick to these investment themes because I expect them to rocket over the next several years as more investors dump corn-based and rapeseed-based bio-fuel.
"I guarantee that we will see a major long-term rally develop in solar and uranium (again) as a consequence of $125, $150 or even $200 per barrel oil. By now, everyone should be long and strong CCJ and STP - no excuses."
Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.
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