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With investments the Color Kinetics utilized digitalized technology to create a new source of controllable illumination. The merger between the giant Philips and Color Kinetics will enhance its Philips Lighting Solutions market in the LED technology. Color Kinetic has existing installations world wide and a huge customer list, with relationships in China and the UK. Philips, in turn will, provide its 60-country-presence to the Eco-friendly technology of Color Kinetics. Investors should not rule large conglomerates in their search for Eco-friendly stock. On small cap companies There is a stock that has great promise in the fuel cell area. This area has room to grow. I particularly like Fuel Cell Energy. It trades under the stock ticker FCEL. The company has a market cap of approximately 650 million. The company is in the development, manufacturing and sale of fuel cells power plants for use in electrical power plants. Its pipeline products are geared for use in health care facilities, hotels, hospitals, universities, governmental offices and water treatment centers. The company is located in Connecticut with office in Korea, Japan, Canada and Europe. This $9 stock has no where to go but up in the long term. Another reason to think twice about this company is the major holders of stock in the company. Wells Fargo Bank, Barclays, Deutsche Bank and other prominent funds are invested in FCEL. Environmental Power Corp company has been around for a good period of time and it appears that 2007 may be its year to take a solid place in Eco-friendly stocks. It currently sells in the $13 range and deserves a good review. The oil sector Most stocks are involved in exploration, distribution and marketing of oil products around the world. Their influence and their financial worth allows them to invest in costly drilling, manufacturing and distribution of oil in all of its forms. While the rhetoric continues about building and providing alternative sources of energy. These companies presently support a significant percentage of the every day uses of energy. Some of the big oil companies even support blends of biomass fuels and ethanol as a compliment to their own primary purposes. For the moral investor that blames Big Oil for the environmental mess, wars and other maladies the world faces the only American not to blame are the Amish with their horse and buggies. Still, the Amish may leave a smaller foot print, but we all have in one way or another impacted and contributed to the need Big Oil has satisfied and will continue to do so. At present there is small improvements everyone can do, but Big Oil's contribution to a strong economy, and living in a modern society is not going to be replaced any time soon. The oil sector would not be complete without mentioning the drillers who get that precious commodity out of the ground, ocean bed or frozen tundra. The oil drilling stocks are rumored by some financial experts to be waning in appeal or topped out. In order to put this in perspective the long history of the oil drilling companies goes back a century. These tough minded riggers and engineers made the oil industry what it is today. The inventive engineers and scientists found astounding ways to detect and then extract oil from the most harsh environmental challenges. The oil drilling stocks are part and parcel of the oil industry. The sports fan investment Dick's Sporting Goods is a multi sport equipment, apparel and general store. The passion of the owner Dick borrowed $300 from his grandmother and opened a bait and tackle store in 1958. Today Dick's Sporting Goods is located in 34 states with 315 stores. In addition, he owns Golf Galaxy a multi-channel golf specialty retailer with 77 stores. The stock sells on the New York Stock Exchange with the stock ticker DKS. The stock currently sells for about $70 per share. It enjoys a market cap of over 3.5 billion dollars. The stock has some big name holders like Citigroup, Oppenheimer and Goldman Sachs. Foot Locker Inc. is a sports shoes and apparel shop that has a significant market share of sports market. The stock sells on the NYSE for $16.71 a share. It trades under the stock ticker FL. It has some room to go back up to the $40 range where it belongs. Some weakening in the retail area and other concerns have weighed on this stock. It is a good stock and worth watching.
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