Q2 Performance Update: Ten Green Energy Gambles for 2009

Tom Konrad, Ph.D., CFA I never thought 2009 would be a good year for risky stocks, but my readers asked for them anyway.  So far, my risk taking readers have not been burnt too badly, and the portfolio as a whole continues to track its benchmarks. In my first quarter update for my green energy gambles for 2009, I noted that the portfolio had lost about 10%, between the benchmark returns (-12% and -5%), but not very impressive.  Since then, the portfolio as a whole has gained a little ground, and is almost exactly midway between the benchmarks. The...

Wind Developers For Sale: 11 Clean Energy Stocks for 2012, October Update

Tom Konrad CFA September Overview September was another quiet month for my Clean Energy model portfolio and the stock market in general, with the exception of Finavera Wind Energy (TSX:FVR, OTC:FNVRF), which put itself up for sale last Monday (see below.)  Since my last update, my model portfolio rose a modest 4.5%, shadowing my broad market benchmark, the Russell 2000 index (^RUT), also up 4.5%.  Although my clean energy picks rose in line with the broader market, the clean energy sector as...

10 Clean Energy Stocks For 2019 – First Two Months Results

It's hard to find anything to complain about in the first two month's performance of my 10 Clean Energy Stocks for 2019 model portfolio.  Unfortunately, I'm about to go on vacation and don't have time to do an update on all the earnings reports that have come out over the last two weeks.  I will try to get to them individually as I have time. Strategically, I'd like to say I'm getting very nervous about this market rally, and think that readers should be taking profits opportunistically and increasing your cash positions.

Shares in Altair Nanotechnologies Purchased

I purchased shares in Altair Nanomaterials (ALTI) this morning for both my personal portfolio and also the mutual fund. ALTI is a holding company that specializes in nanomaterials and also contains a life sciences division. The materials company has research in high performance batteries, fuel cells, and photovoltaics. Altair announced earnings today and the stock is up on the morning trading. Revenue Increases 68 Percent for Third Quarter and 230 Percent for Nine-Month Period "An increase in revenue of 230 percent for the first three quarters of 2005 is representative of the significant progress Altair has...

Make or Break Time

The markets have been in flux the last couple of weeks. I feel we are at a make or break time for the general trend of the market. Yesterday the S&P 500 was trying to close above the 200 day Moving Average but it failed. A close above this level will give me good reason to start investing some money again. Today the markets are down again and when you look at the S&P the 1210 level looks to be some solid resistance. People may wonder why I'm so concerned about the very short term trend of...

A Great Day For Solar Stocks, But Beware The Volatility!

Is it the unprecedented amount of media attention climate change is currently getting? Is it the State of the Union Address? Is it the price of oil? Or is it a combination of factors? In the end, it doesn't really matter; it's this time of year again and the value of the solar sector is heading north. Today was a great day for solar stocks, while the market as a whole was mainly flat. I remember this period last year very well. I was long Suntech Power and Energy Conversion Devices , acquired...

Questions about DayStar Technologies

I received an e-mail from a reader that had questions about holding DSTI. I had some concerns about DSTI. I was wondering if you still believe investment in this company or alternative energy stocks is worth it. If crude oil drops further (let say mid 50s) do you think it will have negative impact on alternative energy stocks particularly ENER and DSTI. I was very happy with the holding a couple days ago, but the performance of DSTI in last 2 days without any news has got me concerned. Let me answer your question with first a...

Calpine Gets Hammered

Shares of Calpine Corp. (CPN) suffered a greater than 20% loss yesterday and is now down almost another 13% today. All of this was caused by a court ruling stating that they will be unable to use the $395 million in cash they received from the sale of oil and gas fields earlier this year for the purpose of buying natural gas to run its power plants. The dispute stems from the Bank of New York's decision in September when, acting as trustee for Calpine bondholders, it withheld proceeds from Calpine's sale in July of North...

Ten Clean Energy Stocks for 2010: Q1 Update

Tom Konrad, CFA Three months have passed since I published my annual clean energy mini-portfolio.  So far, these stocks have beaten the Powershares Wilderhill Clean Energy Index (PBW) handily, but they trail the broader market. This is the third year in a row I've published a list of ten stocks for the year ahead at the end of December.  In 2008 my list trailed the broader stock market but beat the clean energy index, and last year it outperformed both.  So far, this year looks more like 2008 than 2009.  In addition to the portfolio of ten...

Shares in Hoku Scientific Purchased

This morning I purchased shares in Hoku Scientific, Inc. (HOKU) for my personal portfolio and an average price of $9.47. I was unable to purchase shares in this stock for the mutual fund since it is a recent IPO that came to the market in early August. Hoku is a fuel cell membrane manufacture that is based out of Hawaii. They have strategic partnerships created with Sanyo Electric and Nissan. This company also has the honor of being one of the select few companies in this sector that is actually profitable. Another amazing aspect of this company is...

Ten Green Gambles for 2010: Q3 Update

Tom Konrad CFA To my surprise, the market came back in the 3rd Quarter, and my portfolio of put options designed to hedge a market decline is predictably down.  However, my benchmark (a put against the Dow Jones Industrials has performed even worse than my picks.) I don't have a lot to say about the performance of my Ten Green Gambles for 2010 so far this year.  These gambles were a bet on a market decline in 2010.  Since we're now into the 4th quarter and the market is still...

Valeo February Update (Ten Clean Energy Stocks)

I'm trying something different and doing quick updates on individual stocks in my 10 Clean Energy Stocks model portfolio as I have time to write.  The portfolio as a whole has been accelerating with the instant torque of an electric vehicle this year (details here.)  I thought I'd start with the company that's newest to my readers, Valeo SA (FR.PA, VLEEF) 12/31/18 Price: €25.21/$28.20.  Annual Dividend: €1.25. Expected 2019 dividend: €1.25.  03/4/19 price: €29.13/$33.00.  YTD gain: 15.5% Euro/ 12.8% USD. I added this stock to the portfolio because it has great technology and and improving market share, but weak industry growth and overoptimistic management projections in 2018...

Shares of Carmanah Purchased

Wouldn't you know it, right after I posted about this company and complained that I couldn't buy it, I checked my brokerage account to see if there was any movement to my open market order. Well the IntraWeb gods must have been smiling on me, I got a partial fill in my personal account. So I now have a small stake in Carmanah Tech Corp (CMH.V) at a price of $3.0525. Maybe I should post my complaints more often :-) DISCLAIMER: I am not a registered investment advisor. The information and trades that I provide here...

Shares of Mechanical Technology and Medis Technology Purchased

I purchased shares of Mechanical Technology Inc (MKTY) and Medis Technologies Ltd. (MDTL) this morning for the mutual fund and also my personal portfolio. Both of these companies are working on the miniaturization of liquid fuel cells so that they can power portable electronic equipment like cell phones and laptop computers. Both companies have also secured contracts from the military to research portable fuel cells for military applications. Both companies announced earnings recently and still show no signs of becoming profitable in the near future. However, they have both made progress on trimming their losses. I feel that...

Performance Update: 10 Solid Clean Energy Companies to Buy on the Cheap

Unlike my Ten Speculations for 2008, my Solid Clean Energy Companies series will be much more difficult to benchmark.  The intent of the series was to list some "stocks to buy when you think we've hit bottom."  Since I obviously don't know when you think we've hit bottom (My opinion: not yet), I don't know what prices you'd have paid. Instead, I'll look at what would have happened if you bought only those stocks which dropped 10% since I wrote about them, and you bought them at the close that day, in equal dollar amounts.  Here's...

The Alternative Energy Stocks Paper Portfolio

Here at AltEnergyStocks we try to give the best advice to help our readers sort quality alternative energy investments from the simply overvalued and the dangerous poseurs.   How well are we doing? Putting Play Money Where our Mouth Is. As regular readers know, both Charles and I invest in many of the same stocks we recommend. I take a broad portfolio approach, with small stakes in almost everything I think is interesting, and larger stakes in companies I'm more bullish about, while Charles has a highly focused portfolio consisting of a small number of companies he expects to perform...