A Bright Future

Oil prices continue to rise, and this is obviously not going to stop. There may be pullbacks over the next couple of years but the end result is inevitable: Oil is not a reusable compdity and so with supply and demand, eventually it will cost more than anyone can afford. The big shocker is that this "eventually" may be coming a lot faster than people think. The only answer to this oil crysis is to find an alternative source of energy that is viable for the economy. One fantastic, reusable, and free form of power can be found at the very center of our solar system; the sun.

There are many great companies that manufacture solar panels and focus their research on sunlight however one such company goes above and beyond.

SunPower Corporation designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back-contact "All-Black" design. SunPower has recently announced a number of projects around the world that utilize its patented solar tracker technology. The company maintains a market-leading position in Spain with more than 61 megawatts installed or under construction; recently completed a 2.2-megawatt solar power plant in Mungyeong, Korea; and the largest solar installation in the U.S., the 15-megawatt Nellis Solar Power Plant in Nevada. PowerLight, a subsidiary of SunPower, is a leading global provider of large-scale solar power systems, with over 210 million kWh generated by its customers SunPower is publicly traded on the NASDAQ as (spwr).

Along with an aggressive business plan for the upcoming years they add, "We will compete with retail electric rates by reducing system cost by 50% by 2012," earning themselves the innovative award for economical compatibility. Over time, the company will grow and prosper even more from the oil turmoil allowing them to develop new technology and develop their products even further. SunPower Corporation is right on track in todays world.

Google Is The New Berkshire Hathaway

Berkshire Hathaway (brk.a)is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance and specialty nonstandard insurance. The Company averaged a high annual return to its shareholders for the last 25 years while employing large amounts of capital and minimal debt.

Warren Buffet, a well respected name in investment companies and also known for his rather large fortune, is the Chief Executive Officer and has taken the company to new heights by investing in other smaller companies that he believes have huge potential for growth. Today, any larger companies that have made a big statement in growth are the lucky few that slip under the radar of Buffet while they are in their beginning stages of business.

Google Inc. (goog) is an American public corporation, earning revenue from online and mobile advertising related to its Internet search, web-based e-mail, online mapping, office productivity, social networking, and video sharing as well as selling advertising-free versions of the same technologies. Google's headquarters, the Googleplex, is located in Mountain View, California. They have grown in exponential fashion since they first opened their website and they continue to wow investors with their quarterly reports.

There are many similarities between Google and Berkshire Hathaway, but one major difference. This is what sets Google up for even better growth patterns than Buffet's company. Where Berkshire invests in companies it likes and sometimes ends up buying them out (or at least the majority share holders) Google takes things to the next level by simply BUYING every company they like. This strategy is most profitable because many of the companies Google buys are web based businesses and they buy them almost as soon as they hatch. Buy them cheap and hold them while they grow. Granted some may die but it is no big loss because Google spends so little on them. But most of these online companies grow at exponential rates and so Google reaps the benefits.

Bottom line: Google is the next great powerhouse with a little flare of their own. Their casual style and upbeat attitude is just what the Millenials are looking for. Google is now being raised to level in a portfolio of companies that are great picks in today's economy. Along with Google is Apple Inc.