Another Look at the Obama ETFs

Obama CowboyThe time is upon us, Obama takes Office tomorrow, so let's review the Obama ETFs and make some money in the market. President Barack Obama is here to stay and rather than betting on a few companies that will prosper, buy a group of companies by using Exchange-Traded-Funds (ETF's). Think Green, anti-oil, alternative energy and most important, restoring the financial sector and our U.S. Banks...Gitty up.

Those Tickers all together: DUG, TAN, PBW, UYG, XLF

 

 

Name Symbol Last price Mkt cap Avg vol 52wk high 52wk low EPS P/E Fw P/E Beta
ProShares UltraShort Oil & Gas... DUG

25.42

717.30M 16.68M 86.5 20.52        
Claymore/MAC Global Solar Index... TAN
7.81
  412,000.00 30.79 5.4        
PowerShares WilderHill Clean... PBW

8.20

574.82M 974,000.00 23.96 6.18 (15.43)     1.92
ProShares Ultra Financials (ETF) UYG

3.84

1.70B 105.28M 43.5 3.22        
Financial Select Sector SPDR... XLF

9.68

2.63B 131.95M 29.93 8.67 (5.53)     1.16

What are other ETFs that could rally under Obama?


Can Obama Boost Wind Stocks?
January 16, 2009 11:43 AM ET | Kirk Shinkle

Super ObamaIn his proposed stimulus package, Barack Obama is including some love for the wind sector.

Jefferies backs its "buy" ratings on European wind giants Gamesa and Vestas thanks to the inclusion of a multi-year extension of the production tax credits, plus some means of making such credits "refundable." It's not clear exactly how the plan would work, but the end result of a "refundable" credit scheme could be more expansion for the wind industry as the cost of reselling tax credits to investors would improve.

The wind sector has been hit hard by the credit crunch, with shares of ETFs like the First Trust Global Wind Energy (FAN) and PowerShares Global Wind Energy (PWND) falling by more than half in the last year. The credit change won't solve lending worries for the sector, but along with the possibility of increased investment (possibly some $10 billion to $20 billion from the proposed National Clean Energy Lending Authority, Jefferies says) the sector could be in for at least a bit of a thaw.

Jefferies says: "Clearly it is very early stages and final improvements/alterations to the wind incentive program in the US must still get through Congress and the Senate. However, we are increasingly optimistic as the incoming Obama administration seems to be re-affirming its campaign commitment to renewable energy."

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