Ten Clean Energy Stocks For 2015: Marching Ahead

Tom Konrad CFA  My Ten Clean Energy Stocks for 2015 model portfolio added a second month to its winning streak, with a 6.1% gain for the month and a 5.7% gain for the year, despite a continued drag by the strong dollar.  If measured in terms of the companies' local currencies, the portfolio would have been up 7.5% for the month and 10.5% for the quarter or year to date.  For comparison, the broad universe of US small cap stocks rose 1.5%  for the month and 4.0% for quarter, as measured...

Ten Clean Energy Stocks For 2015: A Fine February

Tom Konrad CFA After a rough start to the year,  My Ten Clean Energy Stocks for 2015 posted a strong recovery in February.  For the month, the model portfolio rose 7.9% in local currency terms and, 8.3% in dollar terms.  For comparison the broad universe of US small cap stocks rose 5.9% (as measured by IWM, the Russell 2000 index ETF), and the most widely held clean energy ETF, PBW, shot up 11.6%. This year I split the model portfolio into two sub-portfolios of six income stocks (NYSE:HASI, NYSE:BGC, TSX:...

Ten Clean Energy Stocks: A Rocky Start To 2015

Tom Konrad CFA 2015 got off to a rocky start for both the broad market in general, as well as clean energy.  My Ten Clean Energy Stocks for 2015 model portfolio dd not fare any better, since the main bright spots for the portfolio were its three Canadian stocks, but these were dragged down by the 9% decline in the Canadian dollar for the month. For the month, the model portfolio was down 3.6% in local currency terms, but fell 7.2% in dollar terms.  For comparison the broad universe of US small cap stocks was...

Ten Clean Energy Stocks: Past Performance And Predictions For 2015

Tom Konrad CFA The last two months have not been kind to clean energy stocks.  Most commentators attribute the weakness to declining oil prices and the Republicans' strong showing in the midterm elections.  Whatever the cause, my 10 Clean Energy Stocks for 2014 model portfolio was dragged into a loss for the year where it had previously looked to return a small gain.  A large part of the decline was in the dollar's strength.  Measured in local currency, the average stock was flat, but the 8% decline in...

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.  ...

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,...

Two Clean Energy Speculations For 2014: Wrap-Up

Tom Konrad CFA I included two "Clean Energy Speculations" along with my annual model portfolio of ten clean energy stocks this year.  It's been a tough year for clean energy stocks in general, with my industry benchmark (Powershares Wilderhill Clean Energy ETF (PBW)) down about 15% since I initiated the portfolios on December 27th 2013.  Despite this, both the main portfolio and the speculations look likely to end the year with small gains.  The two speculations were Ram Power Corp (TSX:RPG, OTC:RAMPF) and Finavera Wind Energy (TSX-V:FVR, OTC:FNVRF). Both are clean energy project...

Ten Clean Energy Stocks For 2014: Spooky October

 October was a spooky month for clean energy stocks.  My benchmark Powershares Wilderhill Clean Energy Index (PBW) cringed down 2.9% like the young Supergirl who jumped when a mechanical ghost startled her at my door Haloween night.   My 10 Clean Energy Stocks for 2014 model portfolio was more like Supergirl's slightly older brother, who was dressed as a SWAT team member and insisted that he wasn't scared: It rose a slim 0.9% since the last update on October 3rd.  For the ten months since I launched the portfolio on December 26th, PBW...

Ten Clean Energy Stocks For 2014: September Swoon

Tom Konrad CFA Worries including the conflict with ISIL, Ebola, and economic slow-down in Europe, sent the stock market down in the month to October 3rd, with small cap stocks and clean energy stocks falling even farther than the large cap S&P 500.  My 10 Clean Energy Stocks for 2014 model portfolio weathered the storm relatively well because of its emphasis on defensive and income stocks.  Since the last update, the model portfolio was down 4.8%,...

Ten Clean Energy Stocks For 2014: September Update and Thoughts on the Finavera Deal

Tom Konrad CFA Clean energy stocks and the market in general rebounded strongly in August.  My broad market benchmark of small cap stocks, IWM,  rose 4.5%, returning to positive territory up 1.7% for the year. My clean energy benchmark PBW also jumped back into the black with an 11.1% gain for the month and 10.8% for the year to date.  The less volatile defensive stocks in my 10 Clean Energy Stocks for 2014 model portfolio rose 1.9%.  For the year to...

Ten Clean Energy Stocks For 2014: August Update

Tom Konrad CFA July was a hard month for the stock market and clean energy stocks in particular.  My broad market benchmark of small cap stocks, IWM,  fell 7% and is down 2.7% for the year, while my clean energy benchmark PBW fell 9% and has slid into the red for the first time.  It is down 0.1% for the year to date.  The mostly defensive stocks in my 10 Clean Energy Stocks for 2014 model portfolio fared relatively well, but they were still...

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...

June Bloom: Ten Clean Energy Stocks For 2014, Q2 Update

Tom Konrad CFA After two weak months, June brought a strong recovery to clean energy stocks and the market in general.  The broad market benchmark IWM put on 7.2%, reversing its previous loss for the year to enter the 4th of July holiday up 4.7%.  My clean energy benchmark PBW shot up 8.6%, for year to date gains of 9.9%. Meanwhile my relatively conservative 10 Clean Energy Stocks for 2014 model portfolio rose 3.6%, retaining its lead on the broad market with a 7% gain so far this year, but falling...

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. ...

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...

Ten Clean Energy Stocks For 2014: Patience Rewarded

Tom Konrad CFA For both the stock market and the weather, March was more lion than lamb.  My broad market benchmark fell 2.2% to end up 1.5% for the quarter.  Volatile clean energy stocks were down 4%, to end the quarter up 15.7%.  My annual Ten Clean Energy Stocks model portfolio is designed to avoid much of the sector's notorious volatility, and fell only 0.6%, ending the quarter with a 3.9% total return.  In dollar terms, the first six (income oriented) picks returned an average...