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America's push toward alternative and renewable energy sources is a big plus for companies involved in those fields. But where's the best place for a stock-market investor to put money? John Quealy of Canaccord Adams has some insights.
Quealy told CNBC that two qualifications for a good company are market leadership and technology innovation.
Recommendations:
"In the space right now, we really like the 'smart grid' theme," he said. "Here, we like metering companies. Our favorite here is Itron [ITRI
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]. We call them 'the Microsoft of metering.'"
He also likes diversified engineering company Roper Industries [ROP
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] and clean-technology producer Telvent [TLVT
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].
Disclosures:
Telvent is an investment banking client of Quealy's firm.
Data is a real-time snapshot *Data is delayed at least 15 minutes