|
发表于 2009-6-2 01:31 PM
|
显示全部楼层
http://finance.yahoo.com/news/Ba ... -15414822.html?.v=1
Battery and energy storage companies are in line for a share of stimulus funds.
Investors have been eying the stocks in lithium-ion manufacturing industry in particular, where it is estimated that a large portion of the $2 billion in stimulus funds set aside for battery technology will go. Today, energy storage and battery technology stocks are on the rise due to earnings news, a new contract, and overall optimism for the industry.
As a whole, the Energy Storage and Battery Technology Stocks Index is up by 3.5%. It is now beating the S&P 500 by 4.3% over the last month.
Valence Technology (NASDAQ: VLNC - News) is up 13% today after announcing a contract with Siemens (NYSE: SI - News) to develop and produce batteries for its ELFA Hybrid drive marine propulsion system. The hybrid system is already employed by buses, cranes, and boats, and Siemens is looking to expand its applications as the demand for green power grows.
China BAK Battery (NASDAQ: CBAK - News) is leading the Index with gains of over 30% today. Advanced Battery Technologies (NASDAQ: ABAT - News) is also outperforming with gains of 8%.
China Ritar Power (OTC: CRTP - News), Ultralife (NASDAQ: ULBI - News), and Altair Nanotechnologies (NASDAQ: ALTI - News) are all up by more than 1% today.
EnerSys (NYSE: ENS - News) has fought its way out of negative territory and is now up by more than 3%. Late Monday, the company, which is among the largest industrial battery manufacturers in the world, reported a -14% drop in fiscal fourth-quarter earnings, but excluding a $13.8 million restructuring charge, EPS came in at 36 cents. The street was expecting 28 cents in EPS.
Johnson Controls (NYSE: JCI - News) and Exide Technologies (NASDAQ: XIDE - News) are not taking part in the rally today. The stocks are down by -1% and -2% respectively.
As of this writing, the Energy Storage and Battery Technology Stocks Index is in the top-90 performing tickerspy Indexes over the last month, gaining 12.1%.
Investors can follow the Energy Storage and Battery Technology Stocks Index and view related performance charts and metrics at tickerspy.com.
Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from nanotech to agriculture to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett! |
|