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Earnings to Watch This Week

Nice call on WFMI!

Not All Is Green in Alt. Energy ETF Land

Companies that are in multiple sectors are classified according to the sector that provides the largest part of their revenue. For instance, IBM is still classified as 'computer hardware' even though some think it should be classified as 'computer software and services'. Classification is determined by revenue and not profits or a combination of the two.

Another example is Apple (AAPL). Classified 'computer hardware' as this is the most important revenue component. Though AAPL dropped the word 'computer' from its name and the iPod and iPhone are better known and sell more units than the computers division, total revenue is less.

Another example is Elbit Medical Imaging (EMITF). Until GE bought segments of the business Elbit was classified 'health care'. Though Elbit still dribbles in 'health care', it is now classified as 'real estate' as the majority of revenue is from shopping malls in India (not even Israel!).

See CREE classification here:
www.crossprofit.com/vi...

See AMAT classification here:
www.crossprofit.com/vi...

Maybe one day CREE and AMAT will be 'computer hardware', but not today.

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U.S Solar 'Power' Depends on Thin Film Technology Growth

In recession there is a flight to safety. The exact opposite of what you are hoping for will happen. Solar energy and all alternative sources including wind & bio-fuels are still in their infancy and are not regarded as a safe investment. Should a recession take hold in the U.S., energy prices will come down on their own, due to lower consumption. At the same time, investment dollars for unproven new industries will dry up.

In any case, a full blown recession is not on the table for now.

Disclosure: This is the opinion of a CrossProfit analyst and may not represent the opinion of CrossProfit.com.