Jeff Yastine noticed something strange. He saw great potential for the solar industry, but on Wall Street, people did not seem to be buying them up. The stocks in the solar industry seemed to be undervalued. Of course, after Jeff Yastine recommended a certain solar stock, it rose by over ten percent. However, before he did that, people were just not interested in those stocks, or so it seemed. However, Jeff says that there is great potential in those stocks if you would only look. Visit Kennedy Accounts to know more.
The solar industry really is growing as more and more business are starting to use solar panels in order to power their businesses, says Jeff Yastine. This can be their offices or factories. In addition, many small time businesses, as well as homeowners, are starting to realize the benefits of using solar panels. After all, they will be able to help protect the environment while saving money in the long run. They will no longer have to pay for the regular sources of heating and gas that most homeowners have to pay for. In addition, the Internal Revenue Service is now going around and giving tax credits to people who are using solar energy in their homes. They want to help encourage people to save and protect the environment, and giving tax credits is an incentive that seems to be working pretty well. As more and more people switch to solar energy, the stocks of these companies will rise in price. That’s why you should start investing in those stocks right now, says Jeff. In some countries, using solar energy is already a standard norm. Some countries use solar energy in order to heat up their water, others use it in order to provide lighting, while yet others use it in order to fuel their cars and other vehicles.
The United States is not yet at that point, but in the near future, it is very likely that it will be. If you want to stay ahead of the curve and start investing in the next big thing, says Jeff Yastine, it is a good idea to put the money into those stocks right now. Just hold on to them and watch them grow over time. The solar industry is growing at a much faster rate than any other form of electricity. View: https://www.linkedin.com/in/jeffyastine
Fortress investment group is an investment company that deals with the sale of shares and management of assets. The Company, which is leading in investments and based in New York, has made significant progress since its founding in 1998.Fortress investment Group manages assets for over fifteen hundred clients and other private investors. In addition to that, the company deals with the management of real estates and sale of permanent shares and private equity investment strategies.During a report released by Crunch base, the fortress was the leading and a highly diversified global investment management firm. Apart from managing assets, Fortress Investment Group carries out philanthropic acts such funding the 2010 winter Olympics games. This is after the game left a deficit of 1.5 billion dollars and due to the collapse in Vancouver’s real estate market, financing the games became almost impossible.In 2017, Softbank group announced its full acquisition of Fortress Investment Group which is an additional investment for Softbank. However, Fortress continues to run independently. The acquisition resulted in:
- The outstanding class A shares of fortress being converted to the right to receive eight dollars per share.
- The common stock for fortress ceased trading as it was deleted from the list of New York Stock Exchange.
- The financial reports of Fortress will be consolidated and reflected on Softbank‘s financial statements.
- Fortress will operate within Softbank whose headquarters are in New York.
This is after the completion of the acquisition process which involved the approval of the transaction by the company’s shareholders in July 2017. Fortress still gets to retain its core- principals who are, Wes Edens, Pete Briger, and Randy Nardone. When some employees from fortress were interviewed on their experience at the company, they said it was amazing since the environment was fast-paced. Values such as team work are well portrayed. The company recognizes employees’ hard work and motivates them. Furthermore, the company is a good place to learn and expands skills. It is a rewarding environment. Some described it as fun and an amazing place to work as the people are self- motivated and all align themselves with the main agenda, which is, to increase the productivity of the company.
Fortress Investment Group is a fair institution because it gives opportunities for growth and equal chances of promotion. In addition to this, the management is always ready to give an ear to their issues.The management team of Fortress is led by McKnight as the managing director in the credit funds department. Thomas W pulley is the chief investment officer of Fortress. Together, they make up a strong team that contributes to the success of the company. The employees together with the interns praised the team during an interview saying; they are smart, very thoughtful, and considerate of their issues. Furthermore, the team creates a good rapport with the employees hence ensuring a close, open and trusting relationship which enhances their productivity. The team is also keen and alert, a trait that enables it to surface issues early before they become troublesome.
Source of the article : https://seekingalpha.com/symbol/FIG/analysis-and-news