Stock Picks For US Energy Dominance

Thursday night (Friday morning in Sinapore) CNBC Asia's Street Signs program must have had an interview cancellation, because they needed someone to give them 3 energy stock picks in response the Trump's "Energy Dominance" speech on last minute notice.They sent me (and probably a bunch of other people) an email two and a half hours before air. I did not see it until 20 minutes before the actual interview. I warned them that I do clean energy, not fossil fuels, but apparently they had no other takers who were awake and able to give energy stock picks at 11:23 pm ET on a moment's notice.

I think they found me because I was on Capital Connection Asia in late January.  

I don't think I was quite what the host, Martin Soong was looking for. He improvised well by turning from the Trump clip saying "if you want to do something entirely different, you might invest in alternative energy..."

I'm still trying to get video, but here's my memory of the interview.

MS: How is clean energy doing under Trump?

TK: Great. There was a little stumble after he was elected, but then the market figured out that he's living in the 20th century while the economy has moved on to the 21st. Clean energy has turned the corner, and is now the cheapest source of new electricity. The market is realizing that, even if Trump doesn't.

MS: Do you have stock picks?

TK: Atlantica Yield (ABY), Covanta Holding Co (CVA), and General Cable (BGC).  

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Disclosure: Tom Konrad has long positions in ABY, CVA, BGC, PEGI, HASI, and SSW-PRG, and owns puts on SSW (an effective short position.)

 

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