The Pros' Picks: Alternative Energy, Israeli Shares
As the Dow, Nasdaq and S&P slide into negative territory, CNBC asked the experts how to bolster your investments.
Energizing Your Portfolio
“We think it makes sense to invest in solar power, wind power … Fossil fuel prices, they’re not going to be cheap anymore… Exelon , Dominion [Resources] ,Entergy … Electric utilities that are already out there that have a far above average nuclear capacity.”
- Douglas Cliggott, Dover Management
Investing In Israel
There's "Teva , which is definitely what everyone knows is the biggest pharmaceutical company in Israel and one of the largest in the world, in terms of prescriptions. Other names which I think investors are less familiar with are the cellular companies within Israel. I’ll start with Cellcom ,which is the market leader, in terms of cellular provider. Cellcom has rougly 34 percent market share and it has been operational since 1993, and it’s the biggest revenue driver.”
- Haim Israel, Merrill Lynch sr. director head of Israeli trading