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-$0.09 (-0.77%)
08:08PM (15 mins delay)
Oct 27, 2009 - 6:58 PM EDT
Whenever the words "stimulus" and "green energy" can be attributed to any stock, it should certainly be considered as a core investment holding.
Smart grid plays are one of the green energy plays currently being boosted by stimulus grants. The difference between smart grid systems and other renewable energy plays is that the former are already easily implemented as compared to solar and wind, which currently have large technological and distribution barriers to overcome. Tuesday, President Obama named the utilities that will benefit from $3.4 billion in stimulus grants to implement smart grid systems.
Source: Seeking Alpha (Oct 27, 2009 - 6:58 PM EDT)
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