10 Clean Energy Stocks For 2018 Preview
Like last year, I will be offering paying readers a preview of my Ten Clean Energy Stocks for 2018 list. I plan to publish the final article after market close on January 1st. If you would like to see a draft version mailed on December 29th (a full trading day before the final publication) please PayPal $10 to me at with a note that it's for the 10 for 2018 preview. The draft will contain the full list, but may not have a complete stock discussion for each stock. I plan to finish the article over the next couple days.
Note...
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 2020: Navigating the Storm
by Tom Konrad, Ph.D., CFA
This monthly update for my Ten Clean Energy Stocks model portfolio is in two parts. I published my thoughts on the current market turmoil on March 2nd. You can find them here. I'm not even going to get into the Fed slashing interest rates like they were a furniture warehouse going out of business on March 3rd except to say that apparently they are more afraid of the effects of covid-19 on the economy than they are of appearing to panic.
You can see overall performance for January and February in the following chart. Not that...
Ten Clean Energy Stocks For 2014: February Update
Monthly update on NYSE:HASI, TSX:PFB,TSX:CSE,TSX:PRI,Amsterdam:ACCEL,TSX:NFI,NASD:AMRC,NYSE:PW,TSX:AXY,TSX:RPG,TSX:FVR
Year in Review: 10 Clean Energy Stocks for 2020
by Tom Konrad, Ph.D., CFA
Looking Back
At the end of 2019, I was worried about overvaluation.
I wrote that my main goal for the 10 Clean Energy Stocks for 2020 list was “to find stocks which will be resilient in the event of a US bear market.” We certainly had a bear market in 2020, although it was nothing like the kind of bear market I had been anticipating. The bear market was precipitated by the coronavirus pandemic, rather than overvaluation.
While I can claim to have anticipated the 2020 bear market, if not its nature, I was surprised by two other...
Ten Clean Energy Stocks for 2013: Lessons Learned
Tom Konrad CFA As we come into the final stretch of 2013, my annual model portfolio of Ten Clean Energy Stocks for 2013 looks certain to break its five year winning streak of beating its industry benchmark. As of December 6th, the model portfolio's total return has been 19.0%, compared to a sunny 56.1% for my benchmark, the Powershares Wilderhill Clean Energy (PBW). The broad market, as represented by the Russell 2000, also resoundingly beat my model portfolio, and is up 37.5%. My six alternative picks fared even worse than...
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...
Earnings Season For Ten Clean Energy Stocks
Tom Konrad CFA The third quarter earnings season has been quite eventful for my Ten Clean Energy Stocks for 2013 and six alternative picks model portfolios, so much so that writing about them has taken a back seat to keeping up with the announcements. There were a number of earnings disappointments and earnings announcements which were in line with my expectations but the market treated like disappointments. These resulted in an overall decline of 2.5% for the portfolio since the last update, even as my industry benchmarks, the Powershares Wilderhill Clean Energy (PBW) and my...
Ten Clean Energy Stocks I’d Buy Now
Tom Konrad CFA Buying opportunities return to clean energy. Two years ago I had a problem. In the universe of clean energy stocks I watch, I could not find any that I thought were good values. So I wrote an article saying "We're near the peak." If you had been comparing that call to the performance of the broad stock market since then, you would have to conclude that I was ludicrously wrong. The S&P 500 is up 40% since then. If on the other hand, you'd been watching clean energy stocks, you would...
Ten Clean Energy Stocks for 2020: Trades
by Tom Konrad Ph.D., CFA
Four weeks ago, I predicted that the 12% market correction we had seen would turn into a true bear market. Bear markets are often defined as a decline of more than 20% for the major market indexes, but I find it more useful to focus on long term changes in investor sentiment.
What I did not predict was just how severe the effect of the coronovirus shutdown would be on the economy. I thought we would need the combined of the effect of the shutdown and investors re-assessing their risk tolerance to bring us into full...
11 Clean Energy Stocks for 2012: Quick Update
Tom Konrad CFA Experimenting with more frequent updates In the past, I genrally only wrote about my annual list of ten clean energy stocks on a quarterly basis, but when I wrote last month to apolgize for inadvertently slipping in an extra stock, and in the process wrote a few notes on a couple of the stocks with news, a couple readers wrote to say they liked the more frequent updates. So let it be written, so let it be done. Leave a comment if you think it's something I should continue doing,...
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...
Marching Ahead: Ten Clean Energy Stocks For 2016
by Aurelien Windenberger I’ve been a fan of Tom Konrad’s annual renewable model portfolio for years, so I’m happy to be able to assist Tom with some of his monthly updates. After two chilly months to start off 2016, the outlook turned considerably warmer in March, both for the market and for clean energy stocks. The Russell 2000 (IWM) jumped 8% for the month, as market participants took to the “risk-on trade” following Fed Chairwoman Yellin’s dovish commentary. Clean energy stocks did even better, buoyed by a reversal in the broader energy sector. Tom’s ...
Ten Clean Energy Stocks for 2013: January Update
Tom Konrad CFA Clip art by Philip Martin January has been a great month for clean energy stocks, and the stock market as a whole. My clean energy benchmark, the Powershares Wilderhill Clean Energy Index (PBW), returned 10.9%, while the broad universe of small cap stocks which I benchmark with the iShares Russell 2000 Index ETF (IWM) is up a lesser but still impressive 9.5%. My ten clean energy picks for 2013 (introduced here), are up a...
Calpine Delisted from NYSE
The New York Stock Exchange has officially delisted Calpine Corp. and the stock is now currently trading over-the-counter as a pink sheet with the following ticker: CPNL.PK.
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. ...
