10 Clean Energy Stocks for 2015- September Performance

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by Tom Konrad Ph.D., CFA

Sorry I did not have time to write the usual monthly update article this weekend, but I hope to get to it in the next couple weeks.

Until then, here is how the stocks were doing through the end of September (click for larger version):

10 for 15 Sept.png

The recent market downturn continues to make my relatively conservative picks (especially the income stocks) generally outperform. For the year, the model portfolio is down only 6% in dollar terms compared to its clean energy benchmark, which is down 30%, and almost matching its broad market benchmark, which is down 4%.

The income sub-portfolio shines brightest, with a 7% gain for the year to date, despite a 35% decline in its benchmark. The Growth/Value subprotfolio continues to drag, down 26% for the year to date, but now its benchmark has fallen nearly as much, down 23%.

Trades

On the buying/selling side, I’ve been trimming some winners (New Flyer [TSX:NFI/NFYEF] and Accell Group [Amsterdam:ACCEL / ACGPF]) in order to buy a number of yeildcos which are now very attractively priced after the yieldco bubble burst and is now over correcting.

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