Pros largely believe that solar trades in tandem with oil. That is high oil makes alternative energy more attractive and vice versa.
But are there fundamental reasons to go long solar even with oil looking as if it’s settled in a range?
Find out in our exclusive conversation with Kevin Smith, Solar Reserve CEO. Watch the video now!
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Trader disclosure: On Sep 29, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders;Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Terranova is long VRTS; Terranova is long OXY; Terranova is long HOS; Terranova is long OIH; Terranova is long CVI; Terranova is long AXP; Terranova is long EMC; Terranova is long F; Terranova is long AMZN; Terranova is long WFC; Terranova is long AAPL; Terranova is long IBM; Terranova is long Silver puts; Terranova is long PCP; Terranova is long MS; Terranova is long GS; Terranova is long WFM
JAMES WEST
West owns gold bullion trusts, gold coins, and is a stakeholder in some gold mines.
KEVIN SMITH
No disclosures
ROMIT SHAH
Nomura Securities International Inc. makes a market in (AMD) securities
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