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Tuesday, 08/24/2010 8:53:04 AM

Tuesday, August 24, 2010 8:53:04 AM

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More Pros Dipping Into Battery Stocks

The budding electric vehicle segment has seen growing investor attention with the anticipated release of various plug-ins from major automakers, as well as the Q2 IPO of electric sports car maker Tesla Motors, Inc. (NASDAQ: TSLA - News). There are some lofty projections for plug-in proliferation over the next 20 years, and the development of battery technology will likely play an important role in the sector's ultimate success or failure. Warren Buffett put some Berkshire Hathaway (NYSE: BRK-A - News, BRK-B - News) capital to work in Hong Kong shares of Chinese battery and electric car player BYD Co (Pink Sheets: BYDDF - News) back in 2008, and recent second-quarter disclosures suggest that some other asset managers were entering the space as well.

At the end of the second quarter, more than half of the Energy Storage and Battery Technology Stocks Index's 19 components were in the top-15 U.S.-listed equity holdings of at least one 13F-filing asset manager.

Large-cap Johnson Controls (NYSE: JCI - News) took the top spot in Pro popularity at the end of Q2 with 16 Pros holding the stock near the top of their portfolios. Meanwhile, Energizer Holdings (NYSE: ENR - News) had 10 Pro holders by the same criteria, and EnerSys (NYSE: ENS - News), Polypore International (NYSE: PPO - News), and A123 Systems (NASDAQ: AONE - News) were also among favorites.

Investors can track the Energy Storage and Battery Technology Stocks Index for performance trends and suite of other metrics at tickerspy.com.

Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from dividends to ETFs to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!

http://finance.yahoo.com/news/More-Pros-Dipping-Into-indie-3822792649.html?x=0&.v=1
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