The Next Big Thing. version 2.0
June 02, 2009
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RELATED TICKERS: ABAT
, ULBI
, XIDE
Back in August of 2007 I posted this blog The Next Big Thing to drum up ideas for where to invest next. The point was, rather than invest in what everyone's buzzing about right now you should look for an area that has no buzz but probably will soon.
In that blog I suggested investing in rechargeable battery companies. I suggested ABAT and ULBI as two possibilities. Some other stock that I keep my eye on (though don't necessarily consider good investments) include CBAK, VLNC, BYDDY.PK, ENX, XIDE, AXPW.OB, HEV, ALTI. Since that blog all but one have outperformed the market... some (ABAT) by quite a bit (ABAT).
The best days are still ahead for this segment of the market. With tons of money from Obama's stimulus plan going to green energy and a wave of new hybrid and electric vehicles coming out over the next couple of years, and even the ever impending IPO of A123 the next year should be very exciting for this group.
But enough about my prediction. Does anyone else have a suggestion for the next big thing?