Dear Fellow Investor,
With crude oil trading below $40 per barrel, the last place most investors are looking to put their money to work is in the alternative energy sector. But the fact of the matter is that there are still profitable opportunities in this sector, particularly in solar power.
While other alternative energy sectors have struggled in the low-oil-price environment, solar power continues to be one of the fastest-growing renewable energy sources today. In fact, solar power has grown significantly in the past 10 years -- from 2001 to 2006, this market grew 38%.
A lot of the growth in the solar sector can be attributed to the rising number of solar panels being installed in California. In 2008, a record 133 megawatts of solar photovoltaics were installed in the Golden State. And in the next nine years, another 3,000 megawatts of solar panels are expected to be installed in California -- that's enough power to replace five good-sized power plants!
Now, to me, that spells opportunity.
| More Ways to Profit in 2009 |
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Now that we've discussed how there will be profitable opportunities in the solar sector in 2009, I'm sure that you're wondering what other sectors and areas will provide moneymaking investments this year. Well, you're in luck. I recently wrote a special report -- 2009 Global Crisis Recovery Plan -- that lays out why China will be the best place to pick up investments this year as well as provides the names of three of my top picks. And guess what, my top medical device manufacturer is up 33% already this year! But it's not too late. There's still time to buy into these companies and take advantage of the strength of the Chinese economy in 2009. All the details you need to get started are in my special report, which you'll receive for just $29.95! Learn more now. |
But if you're not completely convinced that solar power is a good investment right now, just consider that President Barack Obama plans to promote environmentally friendly industries. He plans to invest federal money in creating green technology as well as push conservation and renewable projects to the forefront in the form of public works projects.
The new administration's decisions regarding the alternative energy sector will likely dominate the direction of the green movement and benefit public green companies over the next several years.
That's why I'm convinced that the solar industry, in particular, is going to show strength, and that Chinese companies with significant business in the U.S. will benefit greatly. Interested in learning what Chinese alternative energy companies offer the best opportunities right now? Join China Strategy today!
Showing Strength
To take advantage of the strength in the solar power sector that I'm expecting, I recently recommended one of the leading solar companies in China to my China Strategy subscribers. And so far, the company has not disappointed.
In the two weeks since we bought this Chinese solar company, shares have jumped nearly 15%. During that same time, the Dow has dropped 3.5% and S&P 500 has lost 2.2%. But what's even more impressive is how resilient the company was just this past Tuesday.
If you recall, the markets plunged on Tuesday, with the Dow falling more than 350 points, or nearly 5%. This Chinese solar company, though, didn't fall victim to the sell off -- in fact, it moved nearly 5% higher!
One of reasons why this company showed such strength this week was because it reported better-than-expected earnings on Tuesday. It posted earnings of 12 cents per share, which was down three cents from the same quarter in 2008 but well above analysts' expectations of seven cents per share. In addition, the company reported that revenues rose 21% to $258.1 million.
I wasn't surprised to see the company post such a strong quarter. The company has its hands in various key solar energy markets worldwide, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. And this healthy demand has driven the company's business over the past few years.
Along with posting a solid quarter, the company reiterated its full-year shipment target of 550 to 600 megawatts of photovoltaic modules in 2009. This solar company is one of the largest manufacturers of photovoltaic products in the world, and despite the current economic environment, it should achieve this goal.
While the company's shares have moved nicely higher since I've recommended it, there is still time to get into this great opportunity. I'm expecting shares to double by yearend – that's an opportunity you don't want to miss!
Join China Strategy today, and I'll provide you with my current buy advice and latest updates on this Chinese solar company.
Sincerely,
Robert Hsu
