Dan Dicker, Energy contributor at TheStreet.com, talks with Jill Malandrino of Optionsaction about the opportunity in renewable energy stocks, particularly solar stocks. While there are several different types of solar stocks, Dicker maintains that they all are beholden to the prices of fossil fuels. As oil prices rise, they allow more expensive renewable technologies to compete. But as oil and gas prices have dipped in the past six months, so have many of the solar and other renewable stocks. One possible exception to this rule are solar stocks like First Solar (FSLR) and SunPower (SPWR), two strong technology stocks that generate sales exclusively for power plants and other commercial users. Several foreign nations are committed to increasing the share of power they get from solar energy, making these two stocks a good bet for reasonable, almost guaranteed growth.
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