Current Picks: Busses and Energy Efficiency

Submitted By Tom Konrad

Over the weekend, EnergyTechStocks published two articles based on an
interview with me.

The first was about my conviction that Peak Oil induced rising gas prices is
going to lead to a rush into mass transit building by cities, or investing
in mode-shifting
last September.  I've since written about
opportunities in rail
transit stocks, (P.TO,
TRN, PRPX, and WAB), and more recently Hedging
your peak oil risk with your lifestyle
.  However, I have been
frustrated until now that the only pure play bus stock I've been able to find is
Firstgroup PLC (FGP.L,
FGROF.PK), the British based owner of Greyhound and owner
or operator of many other UK and North American transit services (both bus and
rail.)  Back in September, Firstgroup seemed very expensive after a
prolonged run-up, but it is now looking more reasonably valued.

Two weeks ago, however, I found a pure-play North American Bus stock, which I
will be writing about this weekend.  I'm not ready to reveal the name,
because I still have an account which has not yet bought the stock.  This
is the company I was not
ready to reveal in the EnergyTechStocks interview.

The second part of the interview
referred to my conviction that lean economic times will benefit Energy
Efficiency over other forms of clean energy.  I highlighted two of the
stocks from the 10
Solid Clean Energy Companies to Buy in a Downturn
series.

DISCLOSURE: Tom Konrad and/or his clients have long positions
in TRN, PRPX, WAB.

DISCLAIMER: The information and trades provided here are for
informational purposes only and are not a solicitation to buy or sell any of
these securities. Investing involves substantial risk and you should evaluate
your own risk levels before you make any investment. Past results are not an
indication of future performance. Please take the time to read the full
disclaimer here.



Did you like this article?
 

Free Course

Related Videos

Barcode Shoppers

Daily Market Wrap for December 1, 2008