Emcore (Charts) is "a fascinating little company [with] a really interesting collection of possibilities" including its PhotoVoltaics division - which makes solar cells and panels, says Landis. Emcore's focus currently is satellite applications, where the systems produce energy very efficiently, but are also very expensive and are currently only used commercially. Landis sees potential for Emcore in selling smaller land-based systems that are less efficient, but more affordable and thus can be sold to a much wider market.
Emcore is also working in partnership with GE Lighting to develop and market LED technology - which is more reliable, longer-lasting and more energy-efficient than traditional light bulbs.
The company isn't expected to make a profit until next year, but Emcore stock is up 30% since August 2005. The company's dual-direction strategy of providing energy saving and alternative energy products is a promising one, Landis says.
"Every time the price of oil goes up, green investments and alternative energy investments shoot through the roof," says Landis, adding that a company like Emcore has "both ends of that - exposure to LEDs so that people use less power, and exposure to solar, so that people have more power to begin with."
Emcore is also working in partnership with GE Lighting to develop and market LED technology - which is more reliable, longer-lasting and more energy-efficient than traditional light bulbs.
The company isn't expected to make a profit until next year, but Emcore stock is up 30% since August 2005. The company's dual-direction strategy of providing energy saving and alternative energy products is a promising one, Landis says.
"Every time the price of oil goes up, green investments and alternative energy investments shoot through the roof," says Landis, adding that a company like Emcore has "both ends of that - exposure to LEDs so that people use less power, and exposure to solar, so that people have more power to begin with."