Take last Wednesday's issue, which contained a pretty optimistic article on page C1, above the fold, about the little company that invented the NiMH rechargeable battery, Energy Conversion Devices
So yeah, in short, I'm not buying all the praise the Journal heaped on ECD. But then again, I don't read the Journal for stock recommendations. I read it for the news and for the stock leads you can get from reading between the lines of the news. For example, in making its less-than-convincing case for why ECD "seems poised to cash in on battery technology" for hybrid cars, the Journal gave readers the names of two companies that are already making a profit from hybrids. No, I'm not talking about Toyota
Of the two, Matsushita looks the most intriguing for two reasons. First, Dodge & Cox
Read all about the companies who buy Sanyo's and Matsushita's batteries in:
Fool contributor Rich Smith owns no shares of any company mentioned in this article.
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