T Bag's Stock Picks for 2009

Well, the DJIA is back below 10k; the first time since 2004. Although record breaking losses abound and chaos seems imminent, buying opportunities are emerging over the horizon.

Capitalism works because it doesn't work, and since the stock market has hit rock bottom... ...it's time for T Bag's stock picks for 2009.

1. Green Energy
There are plenty of companies hawking green energy these days, and many of them have nowhere to go but up. Buy these with little to no risk.

Check out:
Evergreen Solar, Inc. (Public, NASDAQ:ESLR)
Earth Biofuels, Inc. (Public, OTC:EBOF)

2. Drinks
Consumer staples are a good hedge, look for them to come down due to tightening budgets and increasing fuel costs. That will make for a good opportunity to buy in later in the year when the dust has settled. It's said that alcohol is a recession-proof industry.

Check out:
The Coca-Cola Company (Public, NYSE:KO)
PepsiCo, Inc. (Public, NYSE:PEP)

3.General Motors
I'm going out on a limb on this one. GM is at its lowest level in more than ten years, and fringing on bankruptcy. At $4.89 since a share, a great deal. I feel like there are two camps as far as environmental change is concerned. There are those that call for immediate change, and those who call for a balancing of the energy portfolio. As with most trends, there are different classes of people. You remember this from marketing 101: they are "Early Adopters, the mainstream and laggards."

Long story short, with different kinds of zeal for the environmental movement, someone is going to break the internal combustion barrier. I'm placing a bet that GM is going to be the one and then my stock is going to be gold. Rumor has it they have a revolutionary new hybrid vehicle still in development that is soon to be revealed.

I'm just saying.

General Motors (Public, NYSE:GM)

Stocks to avoid:

The following sectors and commodities should be avoided as they are at the center of the problem we are facing now and will be volatile as they sort themselves out. These should be obvious:

Petroleum
Finanace

I would also recommend avoiding technology, but now might be a good time to invest in some of your favorites, namely Google and Apple, who have lost more than 50% of their former value. Although still pricey, represent a solid opportunity. The question is, just how many good ideas to they have left up their sleeves?