Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FAST MONEY FEATURES

PollFast Money PollsFAST MONEY POLL
Get in the post game.  Respond to our
"Question of the Day" right now.


52 Week High52 Week High TRADER RADAR
Which stock should be on your screen? Follow the clues to solve this puzzle.



Trade SchoolTRADE SCHOOL
Grab a pencil because school is in session and the Fast Money traders are teaching class.


FAST MONEY EMERGING MONEY
EMERGING MONEY TOP 20
Fast Money's index for the world.




PodcastFM PodcastsFAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.




FM WIDGETFAST MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.



ShopSHOP FOR FAST MONEY MERCHANDISE
Get your game on with Fast Money gear.




Wanna See Our PhotosFAST MONEY PHOTOS!
Check out our scrapbook.  These "pix" are guaranteed winners.




SignupNewsletterNEWSLETTER
Sign up and receive a recap email every Friday after the show!





FM Mobile AlertFAST MONEY MOBILE ALERTS
Get advanced information about the next Fast Money.



Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Font size:
Feb.14
6:43 PM ET

He’s virtuous and likes to wear a cape! Meet our super hero Commander Planet; he’s just returned from the sun with trades to set your portfolio on fire.

Following is the report filed by Fast Money’s Trading Superhero, Pete Najarian. (In case you’re wondering, yes it’s supposed to be a little tongue in cheek.)


*********************************

I am Commander Planet and all this week I've scoured the globe --- from earth to wind to fire --- for the next fast money. 

My last element to cover is fire, specifically solar energy. Bottom line: the easy money has been made. I got you in front of sun stocks such as First Solar (FSLR) and Sunpower (SPWR) which experienced red hot growth in 2007

But my analysis now shows that while solar may be the safest for our world it's far from the best for your wallet. The current cost of all electricity is 10.5 cents per kilowatt-hour. Solar energy costs at least double that price and that's why the industry still only represents one -tenth of one percent of the $3 trillion global energy market, according to Bloomberg.

Developments in technology would have to drop the price of solar by about half before it becomes competitive with fossil fuels. But not all hope is lost, companies like the private Nanosolar -- which has backing from the Google founders -- are developing new ultra-thin solar cells derived from copper that are breaking records for converting sunlight into energy.

So while the easy money has been made new opportunities may one day again make this a Commander Planet play.

*********************************

Seriously Pete, how do you recommend trading it?

I like Canadian Solar (CSIQ) because they take old silicon, clean it up and then reuse it, explains Pete Najarian. Also check out Applied Materials (AMAT) because they’ve made acquisitions to become the main provider of solar in the world. And I like Energy Conversion Devices (ENER) for its management team.

Or you can check out Evergreen Solar (ESLR), Guy Adami adds.

And Cypress Semiconductor (CY), Jeff Macke exclaims.

Commander Planet: Solar
Loading...
Loading...
Loading...
Loading...
Loading...

______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .

Trader disclosure: On Feb.14, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (ATVI), (YHOO), (INTC; Najarian Owns (C), (CSCO), (MS), (MSFT), (YHOO), (MCD), (XLF), (NOK), (ETFC); Najarian Owns (AAPL) Calls; Finerman Owns (GS); Finerman's Firm Owns (SUN), (TSO), (VCLK), (AAPL), (WMT); Finerman's Firm Owns (MSFT) And Is Short (MSFT) Calls; Finerman's Firm Owns (YHOO) And Is Short (YHOO) Calls; Finerman's Firm Is Short (SPY), (IJR), (IYR), (MDY), (IWM), (WFC); Finerman's Firm And Finerman Own (FLS); Finerman's Firm And Finerman Own (HD), Finerman Owns (HD) Puts; Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm And Finerman Own (KALU); Finerman's Firm And Finerman Own (CROX) And (CROX) Options

© 2008 CNBC.com

Permalink: /id/23173420

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis