Ten Clean Energy Stocks for 2018 h1 total return

Ten Clean Energy Stocks For 2018: First Half Update

The first half of 2018 has been difficult for most investors, including clean energy investors and dividend income investors. Through June, my broad dividend income benchmark SDY lost 0.6%, while my clean energy income benchmark YLCO lost 4.7%, including dividend income. My picks were also down for most of the year, finally struggling back into positive territory at the end of May.  They finished the first half up a solid 5.9%.  The real money strategy I manage, the Green Global Equity Income Portfolio (GGEIP), also squeaked in to positive territory by 1.2% at the end of June. Details of then stocks'...
10 Clean energy Stocks Performance Chart

Ten Clean Energy Stocks Back In Positive Territory Year To Date

Stay tuned for a full update next month, but it's nice to be back in the black... especially with the benchmarks still struggling.  Thanks to Enviva (EVA), Covanta (CVA), and Seaspan (SSW).  Until then, here's the May update, where I said EVA and CVA were two of my 3 top short term picks , and I commented that "I still think Seaspan has significant room to the upside." AY (at $18.91) and TERP (at $10.83) are my top short term picks right now. Disclosure: Long EVA, HIFR, GPP, BEP, TERP, PEGI, AY, NYLD, NYLD/A, CVA, SSW.
10 Clean Energy Stocks

Ten Clean Energy Stocks For 2018: Oddballs Spring Back

After a stormy winter for the broad market and clean energy stocks, including my picks, March and April brought relative calm.  Better yet, my model portfolio has rebounded from its February lows, although its benchmarks (SDY for the broad market of income stocks and YLCO for clean energy income stocks) have mostly been treading water. The gains were led by two of my less conventional clean energy picks, Seaspan (SSW) and InfraREIT (HIFR).  Seaspan owns (mostly very efficient) container-ships, which most people would not associate with clean energy, but which I include because they they are much less energy intensive...
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Ten Clean Energy Stocks For 2018: Stormy Winter

Tom Konrad Ph.D., CFA While the broad market has been turbulent for the start of 2018, clean energy stocks have fared worse than most. The Trump administration's anti-environmental efforts had little effect on clean energy stocks in 2017 (it was a banner year for this model portfolio). So far, this year has been quite different. Last year, investors seemed unfazed by the chaos in Washington, but with the single "win" of the Republican tax give-away to corporations, investors now seem to think that Trump may indeed be able to deliver on his polluter-funded agenda. Income-oriented stocks have also been taking a...

See You Later, Hannon Armstrong

by Tom Konrad Ph.D., CFA Sustainable infrastructure financier Hannon Armstrong (NYSE:HASI) is not in my Ten Clean Energy Stocks model portfolio for the first year since its IPO in 2013. I still love the company and its business model, but I have become concerned about its short term prospects. Dividend Disappointment? In my last update on the 2017 portfolio, I wrote, “Sustainable infrastructure and clean energy financier Hannon Armstrong reported earnings on November 1st. The headline numbers were lower than expected, but for a very good reason. The company has spent the last few months locking in low interest rates by refinancing its...

Ten Clean Energy Stocks For 2018

Tom Konrad Ph.D., CFA Ten Years of "10 Clean Energy Stocks." A 38% total return in 2017 is the one to beat. I started blogging about investing in clean energy stocks in 2005.  At the time, I had just started an independent investment advisory practice, and thought blogging was a good way to impress people with my knowledge of clean energy.  I don't know how many people I impressed, but the clients were hardly pounding down the door. What I did learn, however, was that I loved writing about clean energy from the perspective of a stock investor.  Because I was...

Ten Clean Energy Stocks For 2017: Taking Profits

By Tom Konrad Ph.D., CFA 2017 is turning into a second banner year in a row for my “Ten Clean Energy Stocks” model portfolio. I expected at best to make high single digit returns after the impressive 20% (while my benchmark fell 4%). Instead, the portfolio produced a 36.8% total return while its benchmark is up 19.5% with only four trading days left in the year. Such returns are obviously cause for celebration, and also for profit taking. I plan to replace at least five of this year's list with new stocks in the 2018 (tenth annual) “Clean Energy Stocks” model...

10 Clean Energy Stocks For 2018 Preview

Like last year, I will be offering paying readers a preview of my Ten Clean Energy Stocks for 2018 list.  I plan to publish the final article after market close on January 1st.  If you would like to see a draft version mailed on December 29th (a full trading day before the final publication) please PayPal $10 to me at with a note that it's for the 10 for 2018 preview.  The draft will contain the full list, but may not have a complete stock discussion for each stock.  I plan to finish the article over the next couple days. Note...

Ten Clean Energy Stocks For 2017: Fall Forward

Tom Konrad Ph.D., CFA Yieldco Buyouts A Canadian Yieldco Invasion sent clean energy stocks running up in October and November.  My Ten Clean Energy Stocks model portfolio benefited from the purchase of 25% of Yieldco Atlantica Yield (NASD:ABY) by Canadian utility and renewable power generation conglomerate Algonquin Power and Utilities (TSX:AQN or OTC AQUNF), which was one of my Ten Clean Energy Stocks for 2009. Rumors had circulated that the Atlantica stake would be purchased by Brookfield (NYSE:BAM) and its Yieldco Brookfield Renewable (NYSE:BEP).  If there were discussions, Brookfield must have decided that it had enough on its plate with the recently...

Ten Clean Energy Stocks For 2017: Sunny August Skies

by Tom Konrad Ph.D., CFA After a strong performance all year, the stock market stumbled in August, along with clean energy stocks in general, although the sector continues to outperform the broad market.  My Ten Clean Energy Stocks model portfolio again came out on top, buoyed by two winners (Seaspan Preferred (SSW-PRG) and MiX Telematics (MIXT).  Both were catalyzed by strong earnings reports at the start of August, which I summarized last month. For the month of August, the model portfolio was up 0.9%, for a 26.3% total gain for the year to the end of August.  It's clean energy benchmark...

Ten Clean Energy Stocks For 2017: Summer Harvest

Tom Konrad Ph.D., CFA Colossal Fossil Failure With a president actively hostile towards renewable energy and focused on promoting fossil fuels, it would be easy to think that clean energy stocks would underperform their fossil cousins.  The exact opposite has been true.  Despite the administrations' efforts and tweets bragging about new highs for the Dow, energy funds are down over 10% for the year.  For example, the Energy Select Sector SPDR (XLE), largely composed of oil and gas companies, is down 13% for the year.  The tiny coal sector did better, with the VanEck Vectors Coal ETF up 18%. Even so, Trump's...

Ten Clean Energy Stocks For 2017: First Quarter Earnings

Tom Konrad Ph.D., CFA In the two months since the last update, most of the stocks in my Ten Clean Energy Stocks model portfolio have reported first quarter earnings.  There were few surprises, and those were mostly pleasant ones, allowing the model portfolio to add to its gains, and pull a little farther ahead of its benchmark.  For the year to the end of May, the model portfolio is up 13.8%, 2% ahead of its benchmark.  The benchmark is an 80/20 blend of the clean energy income...

Ten Clean Energy Stocks For 2017: Earnings Season

Tom Konrad Ph.D., CFA Earnings season began in earnest in February.  My Ten Clean Energy Stocks model portfolio gave back a little of its large January gains because a mix of good and bad earnings mostly offset each other.  One pick (Seaspan Preferred) gave back its large January gains.  Neither the original gain nor the loss were driven by news.  Instead, they seemed driven by investors changing expectations for global trade in an uncertain political environment.   For the year to March 17th, the portfolio and...

Ten Clean Energy Stocks For 2017: January Jump

Tom Konrad Ph.D., CFA The year got off to a spectacular start for my tenth annual Ten Clean Energy Stocks model portfolio. (You can read about the performance in 2016 and prior years here.)  The portfolio and its income and growth subportfolios were up 9%, 8%, and 14%, respectively.  Clean energy stocks in general also did well, with my three respective benchmarks up 2 to 3% each.  (I use the YieldCo ETF YLCO as a benchmark for the income stocks, the Clean Energy ETF PBW as a benchmark for the...

Ten Clean Energy Stocks For 2016: Year In Review

Tom Konrad, Ph.D., CFA 2016 was generally a good year for the stock market, but the average clean energy investor did not share in the gains.  Clean energy investors naturally gravitate toward exciting stocks developing solar and, more recently, electric vehicles.  These technologies are bringing great benefits to the planet and customers (including me- I installed a solar array on my home in in 2014, and my wife and I just bought a Toyota Prius Prime plug-in.)  Investors' lousy returns are due to a common problem in sectors with rapidly improving technology: Competition within the industry...

Ten Clean Energy Stocks For 2017: Finessing Trump

Tom Konrad Ph.D., CFA The History of the "10 Clean Energy Stocks" Model Portfolios 2017 will be the ninth year I publish a list of ten clean energy stocks I expect to do well in the coming year.  This series has evolved from a simple, off-the-cuff list in 2008, to a full blown model portfolio, with predetermined benchmarks and (mostly) monthly updates on performance and significant news for the 10 stocks.  While there is much overlap between the model portfolio and my own holdings (both personal and in the Green Global Equity Income Portfolio (GGEIP),...