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...
Performance Update: Ten Speculations for 2008
This is the first of a short series of articles I plan, reviewing how my stock recommendations have been doing this year. I started the year bringing you 10 Alternative Energy Stocks I thought were worth speculating on for 2008, and I'll start this review with those articles, and also give you updates on what's been happening (or not) with the stocks. Click on the company name a link to the original article where I wrote about the stock. Overall, a portfolio with equal dollar positions in these ten stocks is up 11.4% for the year, compared to the...
The Year of the Balance Sheet
Year in Review: Ten Green Energy Gambles for 2009 Tom Konrad, CFA My speculative renewable and alternative energy stock picks for 2009 had mixed results. The gambles came nowhere near the performance of my 10 Clean Energy Stocks for 2009, and only kept pace with their benchmarks. The reasons why can be found on the companies' balance sheets and cash flow statements. In January 2009 in response to popular demand, I gave readers ten picks of speculative green energy stocks. I tend to buck the general trend that renewable energy investors tend to be gamblers, but my annual stock...
11 Clean Energy Stocks for 2012: August Update
Tom Konrad CFA July Overview July was a good month for my Clean Energy model portfolio. Since the last update, these 11 stocks are up an average of 3.3%, with a year to date return total return a tiny loss of -0.5%. While it's never pleasant to be down for the year, it's helpful to compare this performance to that of the most widely held clean energy ETF, the Powershares Wilderhill Clean Energy ETF (PBW), which was down 8.7% for the month, and down 21% year to date. All in all, it has been a miserable year...
Buying Lime and Finavera (11 Clean Energy Stocks for 2012)
Tom Konrad CFA Portfolio performance March was a volatile month for clean energy, with many of my picks reporting earnings. My 11 picks were down 4% on average since my last update (March 1st to April 5th), compared to a 9% decline in the Powershares Wilderhill Clean Energy Index (PBW), while the broad Russell 2000 index was flat. The hedged portfolio (see the original article for details) lost 5%. For the year to date, the portfolio has put in a strong performance, and is up 15%. PBW and the Russell 2000 are up only 3%...
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......
High Conviction Paired Trade – Short Tesla Motors And Buy Exide Technologies
John Petersen Short sellers are the bane of every securities lawyer who represents small public companies. In over thirty years of practice I've never advocated a short sale because I hate the idea of profiting from someone else's misery. Based on recent quarterly reports filed by my short-list of pure play energy storage companies, which includes Tesla Motors (TSLA) as an honorary member, I'm compelled to break with tradition and suggest a paired trade that involves a short sale of Tesla coupled with a long purchase of Exide Technologies (XIDE). The following table summarizes the year-to-date and...
Ten Clean Energy Stocks For 2015: Income Comes In First; Growth Shrinks
Tom Konrad Ph.D., CFA 2015 was a very tough year for energy stocks, especially income oriented energy stocks such as (mostly fossil fuel) MLPs and (mostly clean energy) Yieldcos. Not only did oil and gas prices drop dramatically, but most other commodities did as well. Low commodity prices hurt commodity producers, but also commodity recyclers and efficiency companies that help reduce the consumption. Against this backdrop, I'm happy that my Ten Clean Energy Stocks for 2015 model portfolio ended the year in the black, with a 5.8%...
Ten Clean Energy Stocks For 2014: March Update
Tom Konrad CFA After a rough January, the stock market recovered in February, while clean energy stocks partied like it was 2013. My annual Ten Clean Energy Stocks model portfolio also had a good month, rising 6.0%, and is now up 4.7% for the year in dollar terms, and up % in local currency terms. My broad market benchmark (the iShares Russell 2000 index) is up 7.5% for the period and 1.5% for the year. Clean energy stocks soared higher, with the Powershares WilderHill Clean Energy ETF (NYSE:PBW) up 16.3% for...
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 2018: Second Quarter Earnings
Tom Konrad Ph.D., CFA
July and August saw some mild recovery for the stock market after a difficult first half of 2018. Clean energy income stocks continue to lag the broader market, but my Ten Clean Energy Stocks model portfolio has managed to maintain its lead over its broad market benchmark.
Through August 31st, the model portfolio is up 7.5%, compared to its broad dividend income benchmark SDY, which is up 5.3%. Its clean energy income benchmark YLCO is down 1.2, even after dividend income. The private portfolio I manage, the Green Global Equity Income Portfolio (GGEIP), is slightly behind the...
Ten Clean Energy Stocks For 2018: Oddballs Spring Back
After a stormy winter for the broad market and clean energy stocks, including my picks, March and April brought relative calm. Better yet, my model portfolio has rebounded from its February lows, although its benchmarks (SDY for the broad market of income stocks and YLCO for clean energy income stocks) have mostly been treading water.
The gains were led by two of my less conventional clean energy picks, Seaspan (SSW) and InfraREIT (HIFR). Seaspan owns (mostly very efficient) container-ships, which most people would not associate with clean energy, but which I include because they they are much less energy intensive...
Clean Energy Stocks Shopping List: Index and Bonus Picks
Index to the Clean Energy Shopping List Series, and a few Bonus Stocks. Tom Konrad, Ph.D., CFA I started my "Clean Energy Shopping List" series on the premise that the market was near a peak, and it would be better to wait than to buy now. My market call turned out to be premature (or just plain wrong... time will tell) and the market has since advanced more than I thought it would. But I feel the challenges facing our economy and financial system are too grave not to bring down the market from its current heights eventually, so...
Ten Clean Energy Stocks For 2016: Just The Numbers (9-1 to 10-11-16)
Tom Konrad, Ph.D., CFA I missed my regular monthly update of my Ten Clean Energy Stocks for 2016 model portfolio at the start of October due to vacation. This mini-update will just give the numbers through October 11th, without the regular discussion of company events. I'll follow up in early November covering highlights for the full two months. As you can see from the chart below, the portfolio and all sub-portfolios did very well by outperforming their benchmarks by 3% to 12% for the six week period. See the May...
Correction, or Bear Market?
by Tom Konrad, Ph.D., CFA
On February 21st, I was helping an investment advisor I consult with pick stocks for a new client's portfolio. He lamented that there were not enough stocks at good valuations. This is one of the hardest parts of being an investment advisor: a client expects the advisor to build a portfolio of stocks which should do well, but sometimes, especially in late stage bull markets, most stocks are overvalued. I reminded him, "The Constitution does not guarantee anyone the right to good stock picks." He agreed, but he still had to tell his client that...
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 ...
