Ten Clean and Green Energy Stocks for 2011
Tom Konrad, CFA My annual mini-portfolio of clean energy stocks which I expect to outperform in 2011. This is my fourth annual list of renewable energy and energy efficiency stocks since I began the series in January 2008. The Purpose of this List For myself, these lists serve as a record of my thinking on the market which I can look back on and learn from over the following year. When I publish the list, I state my reasons for selecting each stock, and then track the portfolio's performance over the following year in...
10 Clean Energy Stocks for 2011: Q2 Update
Tom Konrad CFA Some investors buy clean energy stocks because it's the right thing to do, others because we know that the diminishing availability and increasing environmental impacts of traditional fuels will eventually force society to adopt more sustainable solutions. Cartoonist Scott Adams says we're all wrong, and we should invest in companies we hate. Although Adams' column is meant to amuse, rather than as investment advice, it's funny because he touches on two very important truths about investing. Although a few investors can outperform the market over the long run, the vast majority can't,...
December Update: 11 Clean Energy Stocks for 2012
Tom Konrad CFA What the Election Brought to Energy Stocks Obama's reelection did not bring on a new bull market for Clean Energy stocks, as some had hoped. My Clean Energy model portfolio was flat (+0.4%) for the month, while the widely held Powershares Wilderhill Clean Energy ETF (PBW) fell 1.6%. In contrast, the broad market, as measured by the Russell 2000 ETF, (IWM) rose 1.1%. If Obama's re-election had a strong effect on any energy sector, it was coal stocks: the Market Vectors Coal ETF (KOL) was down 8.5% over the same...
Our Blue Chip Alternative Energy Stock List
The market has fallen sharply, and Solar stocks have fallen even more following rumors that Congress will pass the Energy Bill without the Production Tax Credit or Investment Tax Credit. Given this volatility and Renewable Energy's reputation for profitless startups, now might seem like an excellent time for a risk adverse investor to abandon the sector altogether. Not so. Even if all tax credits and other incentives for Renewable Energy were to be removed, the underlying drivers of Alternative Energy remain firmly in place: Rising energy prices and decreasing reserves, the need to reduce our Greenhouse gas emissions to avoid...
Atlantica Q1, Buying Hannon Armstrong
By Tom Konrad, Ph.D., CFA
Here are two more updates from last week on Patreon. Also, I realize I neglected to publish the monthly performance chart for my 10 Clean Energy Stocks model portfolio here at the start of the month, so here it is as well:
Atlantica Sustainable Infrastructure Earnings
(published May 11th)
Atlantica Sustainable Infrastructure (AY) released its first quarter earnings announcement and financial statements on May 6th.
Atlantica is one of the higher yielding Yieldcos, 5.3% at the new quarterly dividend rate of $0.43 and a $32.50 stock price. The dividend is safe, since most of Atlantica's debt is fixed rate,...
Ten Clean Energy Stocks For 2017: Summer Harvest
Tom Konrad Ph.D., CFA
Colossal Fossil Failure
With a president actively hostile towards renewable energy and focused on promoting fossil fuels, it would be easy to think that clean energy stocks would underperform their fossil cousins. The exact opposite has been true. Despite the administrations' efforts and tweets bragging about new highs for the Dow, energy funds are down over 10% for the year. For example, the Energy Select Sector SPDR (XLE), largely composed of oil and gas companies, is down 13% for the year. The tiny coal sector did better, with the VanEck Vectors Coal ETF up 18%.
Even so, Trump's...
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...
10 Clean Energy Stocks For 2020 May Update: Red Eléctrica, Ebay, NFI Group
by Tom Konrad, Ph.D., CFA
Market Outlook
The continuing market rebound in the face of a worsening epidemic in the US (outside of the initially hardest hit states) widespread protests against lack of police accountability, and a President who thinks the right response to mostly peaceful protests is to call in the military continues to befuddle me.
The risks in today's stock market outweigh the possibility of future potential gains. Although I was buying aggressively in March, I've shifted back to a more cautious stance, and am mostly starting to sell covered calls on my positions with the greatest gains. I generally...
Ten Clean Energy Stocks Back In Positive Territory Year To Date
Stay tuned for a full update next month, but it's nice to be back in the black... especially with the benchmarks still struggling. Thanks to Enviva (EVA), Covanta (CVA), and Seaspan (SSW). Until then, here's the May update, where I said EVA and CVA were two of my 3 top short term picks , and I commented that "I still think Seaspan has significant room to the upside."
AY (at $18.91) and TERP (at $10.83) are my top short term picks right now.
Disclosure: Long EVA, HIFR, GPP, BEP, TERP, PEGI, AY, NYLD, NYLD/A, CVA, SSW.
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...
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,...
Ten Clean Energy Stocks For 2016: Quick July Update
Tom Konrad, Ph.D., CFA My Ten Clean Energy Stocks for 2016 model portfolio had yet another strong month, as did my real managed portfolio, the Green Global Equity Income Portfolio (GGEIP.) The shorter-format of last month's update turned out to be popular, so I'm doing it again. July Total Return July Benchmark Return YTD Total Return YTD Benchmark Return 10 Clean Energy Stocks 8.5% 5.5% 15.3% ...
Q3 Review: A Bottom For Clean Energy Developers?
Tom Konrad CFA In the third quarter, clean energy stocks in general continued their upward trend, turning in a 27% gain for the quarter and a 64% gain for the year as a whole, as measured by my benchmark and most broadly held clean energy ETF, Powershares Wilderhill Clean Energy (PBW.) This brings PBW back up to levels last seen in September 2011. The broad market and my model portfolio of Ten Clean Energy Stocks for 2013 have also done well. My small cap benchmark (IWM) is up 10% for...
Ten Clean Energy Stocks For 2019: Marginally Hotter
by Tom Konrad Ph.D., CFA
July 2019 was “marginally” the warmest month on record. Meanwhile, the stock market was also inching to new highs, and the real, sweltering evidence of climate change continues to let clean energy income stocks turn in a blistering performance.
While my broad income stock benchmark SDY was up 16.0% through the end of July (0.9% for the month), my clean energy income stock benchmark YLCO is up 23.4% through July (0.4% for the month,) My 10 Clean Energy Stocks model portfolio is up 28.3% (1.3%) and my real-money managed strategy, GGEIP, is up 26.4% (1.2%) for...
Portfolio For A GHG-Regulated World
Investment opportunities connected to climate change and greenhouse gas (GHG) regulation are a popular topic of discussion on this blog. Most of the time, however, the companies we discuss are relatively small, often unknown to most investors and overall pretty speculative. Yesterday, I came across an interesting article on Seeking Alpha entitled "Investing In a Greenhouse Gas-Regulated World" - the title says it all. The article looks at the question of investing in a GHG-constrained world from a conventional portfolio management perspective, and therefore argues for a low weighting in pure-play cleantech or carbon finance stocks, and...
