Good time to get in?
The crew on Fast Money was a little split on the near future of alternative energy stocks today. Despite the strong statements made by President-elect Obama during the campaign, the Fast Money gang isn't buying, at least not yet.
The biggest downside, according to the gang, is cheap gas prices. Overall, the mind of Wall Street doesn't believe in alternative energy without high energy prices.
Nonetheless, there was some dissent on the panel. Pete Najarian, the
Option Monster, believes that if Obama addresses energy immediately, then there will be a lot of plays in the
green investment arena sooner, rather than later, and he still likes
First Solar.
Labels: green investing
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