Tyco,
First to Emerge from the CarnageBy Nick Hodge | Wednesday, February 25th, 2009
"It begins with energy."
That's how Obama introduced his budget last night in an address to a joint session of Congress. And where the Federal dollars go, so should your portfolio.
The hour-long address was rife with references to energy, each of which could have profitable investment implications.
As he trumpeted during the campaign, renewable energy seems to be a large part of his plan. "We know the country that harnesses the power of clean, renewable energy will lead the 21st century," he said.
But to truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy. So I ask this Congress to send me legislation that places a market- based cap on carbon pollution and drives the production of more renewable energy in America. And to support that innovation, we will invest fifteen billion dollars a year to develop technologies like wind power and solar power; advanced biofuels, clean coal, and more fuel-efficient cars and trucks built right here in America.
He's telling you the industries that are about to receive direct federal investment, and a de facto competitive advantage. Long-term winners are being created, all you have to do is place your bet and wait. Recently sagging stock prices should present the perfect opportunity to do that.
20% wind energy by 2030
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