Wednesday, March 19, 2008

3/17-19 PBW news

Hey everyone

Belated Happy St. Patty's day!

Below is news, and any upgrades/downgrades of the top ten holdings of the ETF. I am still bullish on the ETF and still own the 22, 24 June credit spread. I would like to thank Yahoo! Finance, Marketwatch, and Powershares for the information.

Top Ten Fund Holdings subject to change

Applied Materials Inc. 5.47%, Cree Inc. 4.95%, MEMC Electronic Materials Inc. 4.64%,
Itron Inc. 4.39%, Ormat Technologies Inc. 3.75%, First Solar Inc. 3.65%, IDACORP Inc. 3.57%
American Superconductor Corp. 3.56%, OM Group Inc. 3.52%, Cosan Ltd. (Cl A) 3.44%

Upgrades/Downgrades

AMAT - In a story reported by Marketwatch, Applied Materials was upgraded by Caris and Company with a price target of 27 from 21. The full story is also in news.


News Stories

AMAT - Upgraded by Caris

MEMC - CEO made 1.8 million dollars last year

ITRI - NY Investor Day

FSLR - Cramer thinks this day is different

AMSC - New Orders from overseas

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