Transportation

What's the Top Play in the Green Stocks Basket?

Stock quotes in this article:PPO, SQM, JCI, AONE, ABAT, F, POR 


NEW YORK (TheStreet) -- With the ramp-up of support from governments around the globe, the electric vehicle industry and lithium battery industry that provides the power for these vehicle are poised to accelerate.

Today, TheStreet provided a basket of "green" stocks to help investors maximize their exposure to growth in the lithium battery sector. This basket included: Polypore International(PPO), Sociedad Quimica y Minera(SQM), Johnson Controls(JCI), A123 Systems(AONE) and Advanced Battery Technologies(ABAT).

  • Polypore International's membrane separators are a key component in lithium and lead-acid batteries in the energy-storage segment.
  • Sociedad Quimica y Minera is the world's largest lithium producer.
  • Johnson Controls is a diversified company in the building and automotive industries and a leading producer of lithium battery systems.
  • A123 Systems develops and manufactures advanced technology lithium-ion battery packs.
  • Advanced Battery Technologies develops, manufactures and distributes rechargeable polymer lithium-ion batteries.
  • Tim Collins, a RealMoney contributor and financial adviser at TangleTrade Management said that Polypore International, Johnson Controls, Advanced Battery Technologies and Sociedad Quimica y Minera are all profitable companies. Debt is manageable in all of these companies and non-existent at some, he added. "There is growth there across the board in sales and earnings."

    According to Needham analyst Michael Lew, three vendors -- including Polypore -- have 90% of the separator market for lithium-ion batteries.

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