Facebook (FB) shares got some attention Monday as they climbed to a new high, but Walgreens Boots Alliance (WBA), Starbucks (SBUX) and Electronic Arts (EA) also entered new high ground. And those three have the social networking stock beat when it comes to relative strength. Today’s Screen Of The Day is Bolting RS Lines, which looks at a selection of stocks with superior price performance. The relative strength line measures the price performance
What could the rise of battery energy storage systems by the likes of Tesla Motors do for utilities? To hear CEO Elon Musk put it recently when talking about his new Tesla Energy division, batteries could let the world turn off half its power plants just by tweaking how and when the rest run, not factoring in solar or wind energy. Utilities are turning on to batteries, already saving a lot of money on key projects. And battery storage stands ready
The more the cost of solar and wind power falls, the more energy is at stake to be stored or lost when renewables plants do have some excess generating capacity. As Tesla Motors (TSLA) and other companies work to lower battery costs and improve performance, the deal for utilities gets better. Tesla is selling its Powerpack batteries in utility-scale deals at $250 per kilowatt hour. CEO Elon Musk has said nothing else is remotely at that price