1. Fuel Cell Energy INC. (
) 4.12 a share as of july 27 , target price 9.25 by End 2009
FuelCell Energy, Inc. (FuelCell Energy) is engaged in the development and manufacturing of fuel cell power plants for electric power generation. The Company’s products have generated over 260 million-kilowatt-hour of electricity and are operating at over 50 locations around the world. The fuel cell products Direct FuelCell or DFC Power Plants offer stationary power generation applications for customers. In addition to the commercial products, the Company develops next generation of carbonate fuel cell and planar solid oxide fuel cell (SOFC) technology. The carbonate DFC power plants electrochemically (without combustion) produce electricity directly from hydrocarbon fuels, such as natural gas and biogas fuels. The Company’s customers include manufacturers, mission critical institutions, breweries, food processors and wastewater treatment facilities. Need for clean energy. I anticipate that their stock price will bounce once oil and nat. gas come off their lows...throw on top of that the Obama government, and some bailout $$ supporting green initiatives, and this stock appears to have nowhere to go but up. new renewable energy spending here we come $$$.Clean energy is a buzz right now and anything having to do with the media hype. Also With the energy & USA Car Makers crisis at hand, alternative fuel sources will be the future of the U.S. Cars, equipment, and other energy consumers will eventually depend on fuel sources other than overseas oil. This is a great long term buy so buy some FCEL and make some $$$.
2. Chevron Corporation (
) 68.54 a share as of July 27, target price is 88.00 in 2010 .
Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and International subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining operations of coal and other minerals, power generation and energy services. Exploration and production (upstream) operations consist of exploring for, developing and producing crude oil and natural gas, and also marketing natural gas.
