Ten Clean Energy Stocks For 2014: Out With The Old

Tom Konrad CFA Plummeting oil prices, global economic weakness, and the Republicans' win in the US midterms have delivered a triple-whammy to clean energy stocks over the last few months.  Many of the stock declines are justified more by headlines than fundamentals.  My 10 Clean Energy Stocks for 2014 model portfolio has suffered, especially the riskier growth stocks.  The strong dollar has been a further drag on the six foreign stocks. Since the last update at the start of October, the model portfolio is down 4.6%, for a loss since its December 27th,...

Notes On YieldCos, Future Fuel, and Aspen Aerogels

by Tom Konrad Ph.D., CFA Since I have not had much time to write for AltEnegyStocks, I thought I'd share with readers some notes I wrote for investors in the JPS Green Economy Fund, a hedge fund for which I'm director of Research, regarding our holdings in the third quarter: In the third quarter, we took advantage of the general decline of clean energy "YieldCos" to add two of these owners of wind and solar farms to our portfolio at attractive yields.  Pattern Energy Group (PEGI) is an owner of wind farms having long term power purchase agreements...

How Did These 7 Green Money Managers Do in 2013?

Tom Konrad CFA Outlook 2013 photo via BigStock Last December, I asked my panel of managers of green funds and portfolios to predict the major trends of 2013, and pick their top stock for the year to come.  I wrote a series of articles based on their responses, which I’ll reference below. I plan to ask them the same questions this year, but first I will check on how they’ve done so far. The Managers Not everyone on my panel responded to all the questions, but here are the...

10 for 2020 Preview

by Tom Konrad, Ph.D., CFA Over the last couple years, I've given paying subscribers a chance to see my annual list one trading day early.  I did not get it organized this year, but I just got an email from a past participant who was interested.  I initially said no, I'd rather be fair to all readers but then I thought maybe there are others who can benefit. I currently have a list of 11 stocks, which I will be narrowing down to 10 after the close on Dec 31st.  Anyone who forwards me (tom@thiswebsite.com) an email confirming a donation in...

10 Green Energy Gambles for 2009

The credit crunch made me reassess my investing strategy last September.  First, my expectation of the lack of availability of credit for companies without reliable cash flow led me to sell several early stage and troubled companies.   Second, my experience of attempting to re-orient my portfolio in a hurry convinced me that I simply own too many companies.  For the purposes of diversifying company-specific risk, nearly all the benefits can be achieved with as few as 10 companies, if those companies have sufficiently different performance characteristics. In less ideal circumstances, 20-40 companies will usually be sufficient.  I currently own...

Seven Green Stocks I Told My Sister to Buy

Tom Konrad CFA I guide my sister through the stock market, she guides me through the mountains. An earlier version of his article was first published on the author's Forbes.com blog, Green Stocks on February 15th.  This version has been updated to reflect market action and news since then. Earlier this week, I wrote about how my annual green stock trading advice had worked out for my sister and readers (well) and the two stocks where I thought she...

10 Clean Energy Stocks for 2021: Diversification

by Tom Konrad, Ph.D., CFA Rounding out the discussion of the stocks in my 10 Clean Energy Stocks for 2021 list are the two that don’t fit either of the themes I highlighted for 2021: Picks and Shovels or a Possible Yieldco Boom.  Both help with diversification, both in terms of their industry and geography. MiX Telematics (MIXT) was retained from the Ten Clean Energy Stocks for 2020 list because I expect its prospects to improve rapidly as the world comes out of covid lockdowns.  The global vehicle telematics provider has a large number of its customers among mass transit, logistics,...
Ten Clean Energy Stocks through 10/31/18

Ten Clean Energy Stocks For 2018: Third Quarter Earnings

Tom Konrad Ph.D., CFA After a fairly brutal September and October my Ten Clean Energy Stocks model portfolio is barely hanging on to positive territory for the year (up 2.4%) as is the private portfolio I manage, the Green Global Equity Income Portfolio (GGEIP, up 0.8%).  Yet I can take comfort in superior relative performance, since my broad dividend income benchmark SDY is now down 0.1% for the year, and the clean energy income benchmark YLCO has fallen 5.8%.  All returns are total return after fees and dividends. The strong relative performance in a weak market is most likely due to...

Ten Clean Energy Stocks For 2016: Earnings Season

Tom Konrad CFA May was a tough month for most clean energy stocks, even though the broad market was up slightly, but my Ten Clean Energy Stocks for 2016 model portfolio continued to out-perform, mostly because of strong earnings for several stocks.  The model portfolio was up 3.1% for the month and 3.8% for the year to date, even though its clean energy benchmark fell 2.0%, for a decline of 2.8% for the year through May 31st.  The broad market of small cap stocks also rose, and was up 2.2% for a total gain of 2.4% for the...
10 Clean Energy Stocks for 2021 January

January Performance: 10 Clean Energy Stocks for 2021

You can find the original list here.  I'll be doing commentary on individual stocks as there is news.  The first of these is on MiX Telematics (MIXT) earnings, first published for my Patreon subscribers on January 28th and copied below.  A note on Scorpio Bulkers (SALT) from February first will be published here tomorrow. MiX Earnings MiX Telematics (MIXT) reported earnings this morning .  The numbers showed improvement over the previous quarter, but a decline over the previous year due to the covid crisis which was exacerbated by the strengthening dollar. The results were pretty much what I expected when I added...
Clean energy stocks 2H 2020

Four Picks and Shovels Stocks

by Tom Konrad, Ph.D., CFA The last three months of 2020 brought an explosion in clean energy stock prices. Solar stocks (as measured by the Invesco Solar ETF (TAN), nearly tripled.  So did the Invesco Wilderhill Clean Energy ETF (PBW), which includes a broader spectrum of companies.  Wind stock rose 61%, and even the relatively sedate Yieldcos were up 32%.  The stars of the last half of 2020 was undoubtedly Tesla (TSLA, up 246%) and other electric vehicle stocks. Money Flows Out of Fossil Fuels and Into Clean Energy I believe that the cause of the current rise in stock prices is largely...

Change Winds Blow for Renewable Energy Income Trusts

Renewable energy is still very much in its infancy, which means that companies in the space are either profitless or high-multiple startups, or divisions of much larger companies (GE Wind (NYSE:GE), or utilities such as FPL Group (NYSE:FPL) and Xcel (NYSE:XEL) which get much of their power from conventional generation.) This presents a dilemma for investors who understand the compelling drivers for the sector, but whose risk tolerance or financial needs indicate an income-based investing strategy. Canadian Income Trusts in Renewable Energy A few Canadian Income Trusts have historically gone some way towards filling this niche....
NFI Covid impact

10 Clean Energy Stocks For 2020 May Update: Red Eléctrica, Ebay, NFI Group

by Tom Konrad, Ph.D., CFA Market Outlook The continuing market rebound in the face of a worsening epidemic in the US (outside of the initially hardest hit states) widespread protests against lack of police accountability, and a President who thinks the right response to mostly peaceful protests is to call in the military continues to befuddle me. The risks in today's stock market outweigh the possibility of future potential gains.  Although I was buying aggressively in March, I've shifted back to a more cautious stance, and am mostly starting to sell covered calls on my positions with the greatest gains.  I generally...

Ten Clean Energy Stocks For 2016: Quick July Update

Tom Konrad, Ph.D., CFA My Ten Clean Energy Stocks for 2016 model portfolio had yet another strong month, as did my real managed portfolio, the Green Global Equity Income Portfolio (GGEIP.)  The shorter-format of last month's update turned out to be popular, so I'm doing it again. July Total Return July Benchmark Return YTD Total Return YTD Benchmark Return 10 Clean Energy Stocks 8.5% 5.5% 15.3% ...

Year In Review: 11 Clean Energy Stocks for 2012

Tom Konrad CFA Year In Review For the fourth year in a row, my model portfolio of clean energy stocks has beaten the clean energy sector as a whole, this year by 23.8%.   Unfortunately, this was mostly due to another year of poor performance by my industry benchmark, the widely held Powershares Clean Energy (PBW) ETF, which lost 16.4% for the year.  My model portfolio, composed of eleven clean energy stocks listed in this article published on January 2nd, gained 7.4%, still short of the performance of the broad market, which gained 16.6%.  The general market...

Q3 Performance Update: 10 Green Energy Stocks for 2009

My annual green energy stock picks continue to hold up, but the Obama Effect for clean energy seems to have been lost in the summer's healthcare debate. Tom Konrad, Ph.D., CFA For the first 9 months of 2009,  my ten green energy stocks for 2009 are up 23.4% vs. the S&P 500, and up 20.4% over my clean energy benchmark, the iShares S&P Global Clean Energy Index (ICLN).  For the third quarter, that amounts to a loss of 1% relative to the S&P 500, and a gain of 7% relative to ICLN. In my second quarter update, I...
Close Bitnami banner
Bitnami