General Electric Company (GE), Johnson Controls, Inc. (JCI): Is 2013 the Year of Battery Stocks?

Polypore already has the attention of major battery users. Even competitor General Electric Company (NYSE:GE) uses a Polypore lithium ion battery. A similar type of lithium-ion battery is expected to be the driving force behind supercharged electric vehicles. It would make sense that a leader in lithium ions would be the first to make the inevitable breakthrough.

The Foolish bottom line

While there are hundreds of companies competing in this sector, the firm that is most likely to release breakthrough technology will have research and development finances to do so. Staying away from some of the smaller, riskier players in this sector and instead focusing on billion-dollar companies will keep your money safe, while still giving you the opportunity for huge profits.

Phillip Woolgar has no position in any stocks mentioned. The Motley Fool recommends Polypore International, Inc. (NYSE:PPO). The Motley Fool owns shares of General Electric Company (NYSE:GE). Phillip is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

The article Is 2013 the Year of Battery Stocks? originally appeared on Fool.com and is written by Phillip Woolgar.

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