Tuesday, March 27, 2007

Fortune Magazine Green Giants

My better half covers a story from Fortune Magazine on "Green" companies:

Looking to add a stock to your portfolio -I'd go long on Goldman Sachs:

Goldman's investment of $1.5 billion in cellulosic ethanol, wind and solar have paid off. Texas Pacific and Kohlberg Kravis Roberts turned to Goldman, which had built bridges to environmental groups, as they prepared a bid for Texas energy company TXU. Research clients are pleased that Goldman's equity analysts in Europe now factor environmental, social and governance issues into their reports. "The world's changing," says one Goldman official. The company is too - some cars that take bankers home are hybrids.
Look for more stock picks at this site soon. I'm not a professional - but I love watching the markets.

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