FatCat loves the energy sector. Everything needs energy. Unless you are a tree, you have to get your energy somewhere. The problem with investing in energy sector is the volatility link to politics of foreign countries. Is the oil price going up or going down? A couple of years ago, oil price were less than $30/barel and everybody was complaining how expensive it is. Now it is over 50, the same people are saying oil price is low! FatCat smells fish in the oil! Stay away from Oil! What are the other options for energy? The sun, wind and nuclear are the obvious choices.
Solar energy is now considered a mature product. The benefit of solar power is that it fits very well into American individualism. Put solar energy on the roof and stop relying on foreign oil. Now that is patriotism!
Specifically, why Evergreen Solar (ESLR)?
- viable product already in the market that out performs the industry
- Still trading at a good discount
- Excellent R&D and next generation product that will sustain growth
- The best of all: FatCat likes the new management.
Bottom line: FatCat buys Evergreen Solar (ESLR)
