• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 12 days By Kellen McGovern Jones - "BlackRock Behind New TX-LA Offshore Wind Farm"
  • 4 hours If hydrogen is the answer, you're asking the wrong question
  • 7 days Solid State Lithium Battery Bank
  • 6 days Bad news for e-cars keeps coming
Kazakhstan, Azerbaijan, and Uzbekistan Forge Green Energy Export Alliance

Kazakhstan, Azerbaijan, and Uzbekistan Forge Green Energy Export Alliance

Kazakhstan, Azerbaijan, and Uzbekistan join…

Could China Help Mexico Become A Green Energy Powerhouse?

Could China Help Mexico Become A Green Energy Powerhouse?

Mexico and China's rapidly growing…

What Are America’s Cheapest Energy Sources?

What Are America’s Cheapest Energy Sources?

Renewable energy sources, particularly onshore…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Premium Content

Trolling for Bargains in the Alternative Energy Space

I am always on the lookout for interesting alternative energy plays and stumbled across one the other day.

Camarillo, CA based Power-One (PWER) is in one of the world's largest producers of power conversion and management devices, which are going to play a crucial role in the rebuilding of our power grid.

The company has a new management team that is shifting the firm's focus away from traditional power management devices to those that service the burgeoning, hyper growth alternative energy space.

These include 2kw to 2.5 mw inverters, which convert the DC power delivered by solar and wind sources to the AC power that you and I use. It is cutting costs by moving its manufacturing to China, like everyone else. Power-One also supplies routers, switches, data storage, servers, and wireless communications equipment.

However, I am able to grasp that the stock looks cheap, with sales that look attached to a rocket. Q1 2010 results show that it flipped from a loss last year to a small gain.

Revenues rose 56% YOY and bookings are exploding at a 480% rate. Check it out.

Power-One Share Price

By. Mad Hedge Fund Trader


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News