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I Sing The Stocks Electric!
For years on my blog or on the Traders-Talk chat site I’ve said again and again “When in doubt, buy solar.”
Well, now there is even less doubt.
The solar stocks and all of their brothers, sisters and cousins have become no-brainers for the future with Biden in the White House since he has said climate change will be a top priority for his administration.
Case in point today (1/26/2021): Biden says something about charging stations coast-to-coast and BLNK goes BANG. Up 19% from its open.
IN STOCK PICKING that means renewable and alternative energy companies, everything electric led by the automobiles (TESLA, NIO), the solar energy manufacturers (FSLR, JKS, CSIQ), the industry support tech (ENPH, DQ), and on and on…
I did a sort of my Nifty-50-Stock list on Thanksgiving. Six of the top electric stocks that performed best with my market swing signals vaulted on to the list.
TSLA — always on the list because it is a leader in the electric sector and now a bellwether stock for the entire market.
BLNK — Number one on the list, it makes charging stations for electric vehicles; based in Florida, it is tiny in relation to its growth potential, and just getting started with a long way to go (think of all the EV being built now and sold and think of…