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The What’s Next Trade – Energy

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Record oil might be making headlines nearly every day but at Fast Money that’s old news. We’re looking at what’s next!

And what’s next is wind. Why? Not only has wind accounted for one third of new energy brought online last year it just got a little more legitimate this week as American Superconductor, a maker of wind turbines, landed a half billion contract with China. And it doesn’t hurt that wind is the cheapest of the energy alternatives.

What’s that you say? There are many alternative energy sources to consider.

Corn? It’s a boondoggle.

Solar? It’s still too costly.

Nuclear? Who wants that in their backyard.

Nope, the only alternative energy that’s got a nice tailwind is, in fact, wind. Here’s how you can trade.

Look at American Superconductor , counsels Pete Najarian. They build the components that save the energy once you get it out of the wind. Not only did they just land that big contract mentioned above analysts think they have two more in the works. Also check out Hexcel and FPL Group , he says.















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What's Next: Olympics

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Trader disclosure: On June 11, 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 (WMT), (MSFT), (INTC), (DIS); Adami Owns (AGU), (BTU), (C), (NUE), (GS), (INTC), (MSFT); Najarian Owns (AAPL), (BHI), (TSO), (ANR), (BUD), (XLF), (HPQ) (CHK); Najarian Owns (NUE) Calls; Najarian Owns (DHI) Puts, (LEH) Puts; Finerman Owns (GS); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (AAPL), (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (BIG); GE Is The Parent Company Of CNBC