stock picks

Thursday, December 29, 2005

BP and GE

Both of these companies are involved in huge solar and wind programs that are really taking off. Unfortunately they are just a segment of their business overall business so it might take more for these sectors to influence their stock. BP has the head start on its competitors in alternative energy investments, but GE double dips. They manufacture the products and then they turn around and finance them. I don’t really have the time today to expand much more, but both of these stocks will do will in the long term. Buy and hold for 5 years. GE is at 35 and BP, 64.

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