Don't Miss Our Next 300% Winner

August 13, 2008



Click here to watch a video of Toby's rant. Or click here to listen.

We've closed out some big winners in the technology space this year, and while that's all well and good, I can hear you asking me, "Toby, what have you done for me lately?"

Well, I've been patiently waiting for one of the most exciting technology stocks out there to pull back so we could buy it for around $5-$6 and then sell it for $15-$18. For those of you who don't want to do the math, that's a 300% move.

All the stars need to be aligned to get a stock like this at an attractive price, and in the past 60 days, we've seen that happen. That's the beauty of bear markets -- you get the chance to buy the best names at a huge discount.

So, why am I so excited about this stock?

We had this company in our ChangeWave Investing portfolio two years ago, but we were a little early. After it sold one of its businesses to General Electric (GE), we decided to sell the stock and wait for the company to come up with its next big thing.

Well, the next big thing was a solar technology that is twice as effective as existing technologies that lowers the cost of delivering electric power to 4 cents per kilowatt hour.

Just look at China, where they struggle to balance their skyrocketing energy needs with environmental concerns. Imagine how much they could benefit from this technology, which could solve both problems.

Getting Its Day in the Sun

We chose to wait for this company to develop this solar technology before getting in again.

And I want to tell you that GE is already on the prowl. The company currently holds more than 600,000 shares, and I wouldn't be surprised to see it buying more. You want to own this stock now to stay ahead of GE -- because when it makes its move, the shares are going to explode.

The company also has a deal in the works with a major international manufacturing conglomerate to take its technology to China, India and across Asia in a big way.

Including these catalysts, the company has up to six big announcements with utility companies that are interested in this technology that can deliver more energy without using coal, oil or other fossil fuels.

If this company announces just three of these deals, its backlog should exceed $200 million.

And that's not even the best news.

One of the stocks we did great with during 2007-2008 was Cypress Semiconductor (CY), which spun off its solar unit, SunPower Corp. (SPWR), but continued to own a big piece of it -- making it a two-for-one winner.

We have the same situation again with our new play. I believe it will spin off its solar business, and when it does, we'll likely see the company's valuation double.

Set to Sizzle

Here's the bottom line:

1) This company sold a great business to GE for $100 million and GE said to come around again when it had the next big thing. Well, this solar technology is the next big thing.

2) Its solar technology is twice as efficient as other technologies and it lowers the cost-per-kilowatt-hour to 4 cents versus 6-8 cents for coal and 12-15 cents for the other solar power companies.

3) Most importantly, it has a number of catalysts coming down the line in the next few months, including a spin-off that could double its value.

We've just added this company to our ChangeWave Investing Buy List (get in now), and you'll want to own it before any of this positive news hits the wire.

Right now, you have the chance to buy low and sell high. Trust me, you can't afford to miss our next 300% winner.



Toby

P.S. The nice thing about bear markets is that they give you a chance to buy the best stocks at bargain prices. If you're on the prowl for your next triple-digit winner, you won't want to miss our latest solar play. Join ChangeWave Investing now to get in before this stock starts running.

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Tobin Smith is the founder of ChangeWave Research, the editor of ChangeWave Investing and ChangeWave MicroCap Investor and a contributing market analyst for Fox News Channel. His market commentary can be found in the ChangeWave WaveWire and he provides more specific recommendations and advice through his ChangeWave Investing service. Click here to learn more about ChangeWave Investing.