Indie Research
Have VCs Found the Next Hot Equity Sector?
Wednesday September 30, 3:22 pm ET
By the tickerspy.com Staff

With all this talk of electric cars and wind turbines, it is no wonder venture capitalists are flocking to the sector.

According to a report by Reuters, clean technology is now the top category in U.S. venture capital investment. Given the massive global push for environmentalism, it is no surprise that clean tech surpassed the biotechnology and software sectors on its way to the top. Within the segment, solar investments are king with $1.59 billion invested globally across 134 companies, according to Reuters. Before that energy can be distributed throughout the world, it needs to be stored somewhere, and the energy storage and battery sector could be in a position to benefit. In the U.S., clean tech investments represented 27% of all venture funding in the third quarter.

The components of the Energy Storage and Battery Technology Stocks Index are mixed with a bias to the upside, as some soar by more than 5%.

ZBB Energy (AMEX: ZBB - News) is leading the sector today with a 10% run. The Menomonee, Wisconsin-based company markets its energy storage devices to utility companies, as well as commercial and industrial applications.

Advanced Battery's (NASDAQ: ABAT - News) products can be used in everything from cell phones and computers to motorcycles and other vehicles. A former Apple (NASDAQ: AAPL - News) executive took the helm of the company's technologies division back in 2006.

A123 (NASDAQ: AONE - News), the sector's newest stock, is enjoying its second straight gain, after trending lower following its IPO-day pop. Shares are ahead by 7% for the session.

Johnson Controls (NYSE: JCI - News), the Index's largest component by market cap is slipping by more than -1% today. Maxwell Technologies (NASDAQ: MXWL - News), Axion Power International (OTC: AXPW - News), and Exide Technologies (NASDAQ: XIDE - News) are also sitting out the rally.

As of this writing, the Energy Storage and Battery Stocks Index is one ofthe top-3 performing tickerspy Indexes over the last month, up by 21.2%.

Investors looking to capitalize on further developments in the battery technology sector can track the Energy Storage and Battery Technology Stocks Index for performance trends and a suite of other metrics at tickerspy.com.

Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from nanotech to agriculture to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!



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