Google (GOOG), First Solar (FSLR) and The CME group (CME)…all in the most vibrant sectors of the global trending/shrinking world…Search, Alternative Energy and Trading.
Obviously Google at nearly $580 is the purest play still on search and information.
CME is a play on trading and Commodities. Adding a few shares on the breakout above $600 today.
Finally, First Solar. I am hassling headquarters in Phoenix for a visit. Jesus H. Christ in my own freaking backyard and I have missed this whole run. It’s reminiscent of Taser. I will buy a few shares today and my stop looks 40 points away so if you buy, give it room and like the two above, factor in your position size for the massive volatility.
Disclosure- Long CME, FSLR and GOOG
Speaking of expensive growth stocks – I found FSLR back in the low $30s and thought it was “too expensive” once it hit $60. Doh.