Yesterday, the US Senate voted Tuesday to extend solar tax credits for the next eight years. The news is positive for the following alternative-energy related stocks, I have covered here previously: PWER, NX, and ATA.TO.

Quick Review:
PWER: Company makes inverters for solar and wind energy. The inverter business for alternative energy is set to double to $100 million next year. Revenue from this higher-margin business, will I predict bring the company back to profitability and send the stock higher.

NX: Company is the leading supplier of adhesives for thin-film solar projects worldwide. The company’s core business is suffering along with the US housing market, but the alternative energy business is booming and should attract investor’s attention over the next year.

ATA.TO: Company supplies automation tools to the solar and nuclear markets. The company is also a leading manufacturer of UMG modules.

Note: I am long shares in PWER, NX, and ATA.TO.