One of the more trendy ways to play an Obama presidency is to focus on alternative energy and "green" stocks. The president says he wants to spend $150 billion over the next decade to promote energy from the sun, wind and other renewable sources as well as energy conservation. Investors believe spending will help drive growth for a host of companies in those fields.
Among "green" companies that offer direct-purchase plans, I especially like United Technologies
(nyse:
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). The company has operations in a variety of areas, from aerospace and elevators to heating and cooling systems and fire-protection products.