Sustainable energy and “going green” have been and continue to be popular topics of discussion. The markets took note, and stock prices of many companies in this industry ballooned over the past 12 months. The air slowly leaked out of that balloon, though, and prices fell back to earth.
Too much too soon? Perhaps. But as sources of sustainable energy develop and gain greater acceptance, the industry is sure to rise again.
One of the companies poised to lead the field is a manufacturer of thin-film flexible solar laminate products for the commercial rooftop and building-integrated (integrating solar panels into architecture) markets. As companies look for ways to reduce their energy costs, this has become one of the fastest-growing segments of the solar market.
ECD (Energy Conversion Devices) Ovonics is just the type of company you want to own. In addition to its solar cell business, it is working on a new type of digital memory chip for cellphones, digital cameras, and computers. This means the company is diversified, and isn’t solely reliant on one technology.
Invest in ECD Ovonics (ENER) to take advantage of the exciting things this company is doing. As “green” energy grows in popularity, it has tremendous upside potential.