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...
Ten Clean Energy Stocks For 2015: Riding The Storm
Tom Konrad CFA The first half of 2015 saw a mild advance in the broad market, but concerns about rising interest rates and the ongoing Greek debt drama sent income stocks, clean energy, and most non-US currencies down decisively. My Ten Clean Energy Stocks for 2015 model portfolio has heavy exposure to not only clean energy, but income stocks (6 out of 10) and foreign stocks (4 out of 10.) Despite this the stormy market for all three, the portfolio delivered admirably. The model portfolio ended the second quarter up 9.7%, compared to its broad market...
In a Buying Mood
Several key indicators I follow have put me back into a buying mood. But sadly I will be spending most of my day in meetings and will not have much time to follow through on any purchases. I wanted to post a quick update about the stocks I'm following. I will be averaging down on some of my current holdings this week and also looking to add some new stocks to the portfolio. Here is my short list of new stocks I'm taking a close look at to add to the portfolio: Capstone Turbine Corp (CPTC)...
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...
PowerShares WilderHill Clean Energy ETF Constituents
The Energy Stock Blog has posted an update of the stocks that make up the PowerShares WilderHill Clean Energy ETF (PBW). The only change that I see from the last reporting of the index is the addition of Pacific Ethanol, Inc. (PEIX) to the portfolio.
Give the Gift of a Future This Christmas: Five Sustainable Companies For Your Kids...
A Carbon Conundrum for Christmas Do we have to choose between happy kids this Christmas, and a happy future for those kids? Practically everything we buy has a negative environmental impact. If green consumption is an oxymoron, so is green giving. Are we left with only greener giving? It often seems that the only way to be truly green is to be like the Grinch (before his heart-enlargement) and not give anyone anything. And skip the tree while you're at it. It's a hard decision, and while there are many Green Shopping Advisories telling us that we can buy...
10 Clean Energy Stocks For 2016
Tom Konrad CFA The History and Future of the "10 Clean Energy Stocks" Model Portfolios 2016 will be the eighth and possibly final 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 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 managed accounts), the model...
Ten Clean Energy Stocks For 2018: September Quick Update
As you can see from the chart, September was a tough month for my model portfolio of Ten Clean Energy Stocks for 2018. Seaspan (SSW) fell back on trade war fears and Green Plains Partners (GPP) fell on ethanol market weakness caused by retaliatory ethanol tariffs and the Trump EPA's continued undermining of the Renewable Fuel Standard. I'm less sure why Covanta (CVA) is down, but Clearway Energy's (CWEN and CWEN-A formerly NRG Yield) small decline is due to a recent secondary offering.
Two of these (CVA and GPP) were my top picks last month, while the third was Terraform Power (TERP). ...
The Quick Guide To A Green Stock Portfolio
Tom Konrad, CFA I recently published a quick guide to a green or fossil fuel free stock portfolio aimed at the small investor. For most people, the best options will be to use mutual funds or an investment advisor. Some of us like to do things ourselves, and build a portfolio from scratch, using individual stocks. Doing so could rapidly become a full-time job, but it does not have to be. Instead, you can use information which mutual funds disclose to piggy-back on their research. Garvin Jabusch, Co-Founder and CIO of Green Alpha Advisors in...
Clean Energy Stocks Gone With the Wind
Tom Konrad CFA Unenchanted April After a great January, the last three months have not been kind to clean energy stocks. While my model portfolios are still in positive territory (+5.4% and +0.9% for the unhedged and hedged portfolios, respectively), and are above my clean energy benchmark (The Powershares Wilderhill Clean Energy ETF, -3.4%), they have again fallen behind my broader market index, the Russell 2000 (+7.3%.) Gone with the Wind trailer, public domain Gone With the Wind April saw the chances of...
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.
Growth Stocks Shrivel; Income Stocks Grow
Ten Clean Energy Stocks For 2014: June Update Tom Konrad CFA While the major market indexes were hitting new highs in May, small capitalization stocks and clean energy stocks (most of which are small cap) continued to lag. The broad market benchmark IWM gained just 0.2% and is down 2.3% for the year, while my clean energy benchmark PBW fell 3.2% cutting its gains for the year to a slim 1.2%. Meanwhile my 10 Clean Energy Stocks for 2014 model portfolio managed to eke out a 0.3% gain. ...
Why I Sold My Utility Stocks
In times like these of financial uncertainty, regulated utilities have traditionally been considered a safe haven. But that is changing. The Dow Jones Utilities Average was down 30% in 2008, vs. a 34% drop in the Dow Industrials. Not much of a safe haven. In a recent interview, utilities analyst Daniel Scotto noted, that the utility industry offers "a lot less security" than it used to. His reasoning is based mainly on the fact that the regulated portion of utility company's business is smaller than it has been in previous recessions, making them vulnerable to lower growth (or even...
Ten Clean Energy Stocks For 2015
Tom Konrad CFA 2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year's list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably more in a very challenging year for clean energy stocks. I will publish a wrap-up article for the 2014 list in the next couple days, but I wanted to get the 2015 list out on New Year's day. ...
Young Financial Analysts Don’t Follow Alt E
Joel Makower has a written a good article about how "young financial analysts are extremely skeptical about the relevance" of investing in Alternative Energy and other environmental issues. You can read his article and also view the full report via Joel's website.
How Green are Your Earnings?
What Constitutes an Alternative Energy Company? There's a debate going on in the clean energy investment community about which companies are "green" enough to merit our attention. Before the filming of my WealthTrack appearance, I got into a discussion with Ardour Global Indexes' Joseph LaCorte. The Global Alternative Energy ETF (NYSE: GEX) is based on the index he manages. The format of the show includes a top pick from each of the guests at the end of the show, and Mr. LaCorte was hoping that I'd pick GEX, since I had previously told him that it was...