The US may be the world’s biggest economy, but it is lagging way behind in broadband penetration. President-elect Obama wants to change that, bringing broadband to all communities. David Fessler provides seven ways to profit from this “gargantuan” infrastructure upgrade.

We all know about the challenges Barack Obama faces as President elect. But David Fessler says he also has an incredible opportunity to “turn the recession ship around.” David selects seven companies in the infrastructure and clean energy sectors that will profit most from an Obama ‘New Deal’.

President Elect Barack Obama promises to rebuild America “calloused hand by calloused hand.” David Fessler says Airgas Inc. (NYSE:ARG) is an great way to play an infrastructure boom. The company is the largest manufacturer and distributor of industrial, medical and speciality gases in the country. It’s business is well insulated from the economic slowdown, and it just hiked its dividend payment by 33%.

David Fessler says WW Grainger (NYSE:GWW) is a great way to protect your portfolio by investing in infrastructure. The company literally provides the nuts and bolts for businesses and public institutions throughout America.

Amid the real estate market woes, reverse mortgages are a hot product says David Fessler. He says they offer older investors a chance to earn monthly income while they wait for the housing market to stabilize. Just don’t be fooled into thinking this isn’t another form of debt…

The garbage industry is about as recession-proof as you can find, says David Fessler. People won’t stop taking out the trash in a downturn. David says the Market Vectors Environmental Services ETF (AMEX: EVX) is a great way of investing in the sector, and is a bargain right now. For a specific company pick, he recommends Clean Harbors (NASDAQ: CLHB), which treats hazardous waste.

The crisis on Wall Street has effectively stopped funding for alternative energy projects.

But an even bigger problem has been the coming expiration of energy tax credits for the manufacturing, production and use of alternative energy systems and devices at the end of 2008. This situation has now changed with the $18 billion Renewable Energy and Job Creation Act of 2008.

David Fessler at Investment U says three alternative-energy ETFs should see “big moves” in the remainder of 2008 and in 2009 on the back of the bill.

As of today crude oil prices are down 36% from their July peak.

David Fessler says a fall in global demand is temporarily driving crude lower. But population and income growth will restore global demand for energy soon. This means the US will have to compete with emerging giants China and India for supplies.

David says the only long-term solution is to find cheaper alternative energy sources. When Congress realizes this shares in companies such as Clean Energy Fuels Corp (NASDAQ:CLNE) and Vestas Wind Systems (OTC:VWSYF) take off.

David Fessler, and advisory panelist for The Oxford Club, reveals here how he researches a new stock opportunity. Dave says finding the next big idea requires a lot of patient news reading and stock screening. You need to ask the right questions about how a stock fits into the bigger market picture. And doing your homework is a must…