Backdoor wind plays
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Created by James Altucher
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Date updated:07-12-2008

Companies with profitable main lines of business where, because of valuation, you can buy the wind business for free

symbol name last price % change open
  • +
  • AVAV
    Aerovironment
  • $30.24
  • +6.33%
  • $27.29

Unmanned Aircraft Systems. Started in 1971, 25% YoY growth. Heavy demand for aircraft that can stay in the stratosphere for weeks (spying, hurricane detection, etc). Needs to be power efficient. 22 P/E on 25% growth. Company just got patents for wind towers that can sit on buildings, avoiding the need to waste vast tracts of land for wind farms.

People owning AVAV also tend to own: APKTARUNAUTHBBNDBLOGCAVMCLWR

TheStreet.com Rating: C What is this?

  • +
  • OTTR
    Otter Tail Corp
  • $22.00
  • +5.97%
  • $20.42

Utility company in Northwest. Bill Gates second largest shareholder after Tontine. 3% dividend. Owns DMI Industries which cant even keep up with demand for wind towers. Probably will spin out DMI.

People owning OTTR also tend to own: BBBBBMRNCABEPIQFDCFLMLHRB

TheStreet.com Rating: C+ What is this?

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