I’m thinking it will be somewhere in the energy sector.
Oil has seen a big run-up and is currently at an all time high. Some analysts are saying that production is reaching a peak. Very interesting read on cnn money.
The net result of these high oil prices is more investment in other oil sources and alternative technologies. For example, oil sands were once considered too expensive to extract. It is now economically viable and alot of Canadians are getting rich on oil sands.
Venture capital money is pouring into the energy area. Vinod Khoshla, the famed venture capitalist is now focused on this area.
On the solar power front, all it takes is a technology breakthrough in silicon power conversion efficiency to make Solar much more economically viable. I always thought that SoCal + entire southwest US could one day be generating a large % from Solar. All that wasted solar energy falling on the desert. No greenhouse gases. I’m currently hunting small-cap energy firms that are working on energy breakthroughs, especially ones with defensible intellectual property.
