Performance Update: 10 Clean Energy Stocks for 2009
I promised I'd do a performance update on my 10 Clean Energy Stocks for 2009 each quarter. Here is the first (although readers got a mini-update in mid February, because I decided I didn't want to use double-shorts.) Company Ticker Change 12/27/08 to 3/27/09 Dividend & Interest The Algonquin Power Income Trust AGQNF.PK +7.14% 5.36% Cree, Inc. CREE +59.96% First Trust Global Wind Energy ETF FAN -10.73% General Electric GE -32.50% 1.94% Johnson Controls JCI -25.97% 0.77% New Flyer...
High Income Green Investing For Small Investors
Tom Konrad Ph.D., CFA Until recently, green income investing was an oxymoron. Most companies people think of as green (think Tesla Motors (TSLA) or First Solar (FSLR)) are relatively new companies that are investing all of their profits (such as they are) back into the business. Meanwhile traditional income sectors like utilities, oil and gas, and coal mining are deeply tied into fossil fuels. Real Estate Income Trusts (REITs) are the sole exception. A REIT is as green as the property it owns, and a few such companies are real leaders in sustainable buildings......
10 Clean Energy Stocks for 2020: Updated Model Portfolio
by Tom Konrad, Ph.D., CFA
After a couple down market days, all the limit orders I listed on Monday have executed.
Here is the current portfolio:
Position
Shares
Position
Shares
CVA
135
CIG
587
CVA Mar21 $7.50 Put
-2
RDEIF
100
VLEEF
57
VEOEF
75
GPP
276
EBAY Jan ‘21 $8 Put
-1
NFYEF
98
Cash
$4415
MIXT
274
Coming Up:
Third quarter earnings season is starting… I plan to write short notes on earnings as they come out for my Patreon supporters, which will be compiled into longer articles on AltEnergyStocks.com a few days later.
Also, I’m doing a talk on how to divest from fossil fuels with the founder of divestor.org this coming Monday at 8:30 pm ET for the Climate and Health subgroup of Citizens Climate Lobby ...
Ten Clean Energy Stocks For 2016: August Earnings
Tom Konrad, Ph.D., CFA My Ten Clean Energy Stocks for 2016 model portfolio continued to coast upward in August after five months of blistering performance since February, while clean energy sector benchmarks and real managed portfolio, the Green Global Equity Income Portfolio (GGEIP), pulled back slightly. The following chart shows the performance of the model portfolio and its sub-portfolios against their benchmarks. The portfolio, its growth and income subportfolios, and GGEIP all remain far ahead of their benchmarks. Second quarter earnings announced this month were neutral or positive for the income...
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. ...
Too Good To Last? Ten Clean Energy Stocks For 2019
The first quarter of 2019 saw the market's largest quarterly gain in a decade, and my 10 clean energy stocks model portfolio outperformed both the broad market and the clean energy income ETF I use as a benchmark (see chart above.)
Performance that strong makes me nervous, especially since the last time we saw gains like these it was the stock market rebound from the financial crisis. In this case, while the market was down in the last quarter of 2018, it had only been enough of a decline to blow a little of the foam off the top of...
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...
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'...
May Dividends Rise: Ten Clean Energy Stocks For 2015
Tom Konrad CFA My Ten Clean Energy Stocks for 2015 model portfolio had a good May, despite headwinds from the strengthening dollar and declines in clean energy stocks in general. As a whole, the model portfolio rose 2.2% for the month, the same as my broad market benchmark. In general, clean energy stocks did worse, with the Powershares Wilderhill Clean Energy ETF (PBW) down 1.9% for the month. The portfolios clean energy benchmark, which blends PBW with the more income oriented Utility ETF, JXI, was flat. For the year to date, the portfolio is up 7.4%, ahead...
Six Weeks, Twelve Clean Energy Stocks
Tom Konrad CFA It's been a busy six weeks since I last updated readers on the news events driving my Ten Clean Energy Stocks for 2013 and six alternative picks. I looked into the performance of the portfolio as a whole at the start of the month, along with some comments about the four renewable energy developers. I thought at the time we might be seeing a bottom for these beleaguered stocks, but if I was right, we have yet to see the upturn. Nevertheless, the...
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...
Shares in Scottish Power and Endesa Purchased
Scottish Power plc (SPI) is an electrical generation and distribution company primarily focused in the UK. They have two subsidiaries that are based in the US, PacificCorp and PPM Energy. They are currently in the process of trying to sell PacificCorp to Berkshire Hathaway. PPM Energy is a company with extensive wind energy development and generation. Scottish Power also has extensive wind farms in Scotland and Europe. They are also developing off-shore wind power of the Welsh coast. This stock has been moving strong recently and it looks like it is building a base at the $40...
AAER: Tailwinds Or Hot Air?
Charles MorandLast week, I added a little to my position in AAER (AAERF.PK). I first took a long position in AAER, the Canadian-based MW-size wind turbine maker, over two years ago. I've since pared down it significantly, both because I wanted to take some profit after a meteoric rise in share price in Q4 2007 and later because of the company's seeming inability to get orders for more than a couple of turbines at a time. Although there was, before the credit crisis hit, a severe shortage of wind turbines and wind turbine components, barriers to...
Ten Clean Energy Stocks For 2014: May Update
Tom Konrad CFA April showers fell on both the broad market and clean energy stocks last month, but my picks weathered the storm relatively well. My clean energy benchmark (PBW) was down 5.9% since the last update, and my broad market benchmark (IWM) fell 1.7%. Meanwhile 10 Clean Energy Stocks for 2014 model portfolio also fell 1.7%. For the year so far, the clean energy benchmark is up 4.5%, having given back most of its large February gains, while the broad market is down 2.5%. My model portfolio is up 2.2%, having...
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...
Ten Solid Clean Energy Companies to Buy on the Cheap: Intro, and Honorable Mentions
With the recent market declines, the start of the year may not have been the best time to publish ten speculative stock recommendations. Considering the S&P fell 6% in the month of January, I find it quite surprising that an equal-weighted portfolio of those picks is up over 6% for the same period (using the prices I quoted in the original articles.) If the market as a whole continues down, I expect it to drag those speculative picks with it. Small, profitless companies tend to be hurt more than others in market declines, and to benefit more from booms. ...