Once upon a time (near the end of the Internet Bubble), telecommunications equipment stocks were the bee's knees -- the most popular kids on the block. Today, however, many of these firms are just pale reflections of their former selves. One of yesteryear's favorites, for example, JDS Uniphase (NASDAQ: JDSU ) , once boasted a per-share price (split-adjusted) in excess of $1,050. Today, it costs a mere $13.28 -- down 98.75% from its peak.
And it's still not a buy. Here's why, in three short points:
JDS Uniphase stock is losing ground
When you stack up JDS Uniphase stock up against two of its rivals�-- Cisco Systems (NASDAQ: CSCO ) and Finisar (NASDAQ: FNSR ) , some interesting dynamics become apparent. First and foremost, of the three, JDS Uniphase stock is the only one �that has no P/E ratio ... because it has no "E" -- earnings -- to weigh its "P" -- price -- against.
Hot Communications Equipment Stocks To Watch Right Now: Clean Wind Energy Tower Inc (CWET)
Clean Wind Energy Tower, Inc. (Clean Wind), incorporated on January 22, 1962, focuses on becoming a provider of green energy. As of December 31, 2011, Clean Wind had designed and was preparing to develop, and construct Downdraft Towers that use non-toxic elements to generate electricity and clean water by integrating and synthesizing a range of proven, as well as emerging technologies.
The Downdraft Tower is a hollow cylinder with a water spray system at the top. Pumps deliver water to the top of the Downdraft Tower to spray a fine mist across the entire opening. The water evaporates and cools the hot dry air at the top. The cooled air is denser and heavier than the outside warmer air and falls through the cylinder at speeds up to and in excess of 50 miles per hour (mph), driving the turbines located at the base of the structure. The turbines power generators to produce electricity.
The Company competes with Southern California Edison Company, Pacific Gas & Electric Company, San Diego Gas & Electric Company, Arizona Public Service Company, Florida Power & Light Company, enXco, Inc., PPM Energy, Inc. and UNS.
Hot Communications Equipment Stocks To Watch Right Now: Yankee Hat Minerals Ltd.(KHT.V)
Yankee Hat Minerals Ltd. engages in the acquisition, exploration, and development of precious metal properties primarily in British Columbia and the Yukon, Canada. The company primarily explores for tungsten, rare earth element, gold, and copper. It holds interests in the Fran property located in the Omineca Mining District of British Columbia; the Kidlark, Lancer, and Selwyn properties located in Yukon Territory; and the Union property comprising 16 mineral claims located in the Greenwood mining division of British Columbia. The company was formerly known as Yankee Hat Industries Corp. and changed its name to Yankee Hat Minerals Ltd. in February 2005. Yankee Hat Minerals Ltd. is headquartered in Vancouver, Canada.
Top Sliver Companies To Invest In Right Now: Forest Oil Corporation (FST)
Forest Oil Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company primarily has interests in the properties in the Texas Panhandle; the east Texas/north Louisiana; and the Eagle Ford Shale in south Texas. As of December 31, 2011, its total estimated proved oil and gas reserves were approximately 1,904 billion cubic feet equivalent. The company was founded in 1916 and is headquartered in Denver, Colorado with an additional office in Houston, Texas.
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