Green Dividend Values (11 Clean Energy Stocks for 2012)
Tom Konrad CFA Performance in May Fear of the disintegration of the Euro resurfaced in May, sending all stocks downward. Clean energy stocks once again fell more than the market as a whole. Possible causes are that many clean energy sectors are exposed to further loss of European subsidies, and that clean energy stocks tend to be more volatile than the market as a whole, with both up and down moves being magnified. The Russell 2000 index (which I use as a broad market benchmark in this series) was down 7.1% in May, the Powershares Wilderhill Clean...
Calpine Gets Hammered
Shares of Calpine Corp. (CPN) suffered a greater than 20% loss yesterday and is now down almost another 13% today. All of this was caused by a court ruling stating that they will be unable to use the $395 million in cash they received from the sale of oil and gas fields earlier this year for the purpose of buying natural gas to run its power plants. The dispute stems from the Bank of New York's decision in September when, acting as trustee for Calpine bondholders, it withheld proceeds from Calpine's sale in July of North...
Ten Clean Energy Stocks For 2016: Year In Review
Tom Konrad, Ph.D., CFA 2016 was generally a good year for the stock market, but the average clean energy investor did not share in the gains. Clean energy investors naturally gravitate toward exciting stocks developing solar and, more recently, electric vehicles. These technologies are bringing great benefits to the planet and customers (including me- I installed a solar array on my home in in 2014, and my wife and I just bought a Toyota Prius Prime plug-in.) Investors' lousy returns are due to a common problem in sectors with rapidly improving technology: Competition within the industry...
Ten Clean Energy Stocks For 2019: What Caution Looks Like
by Tom Konrad Ph.D., CFA
So far, my worries about stock market valuation and political turmoil have not turned into the stock market downturn I've been warning readers to prepare for. In fact, September has been a particularly sunny month for both clean energy stocks and the stock market in general.My broad income stock benchmark SDY was up 3.9% and the energy income stock benchmark YLCO rose 2.7% for the month, more than reversing August's declines. My 10 Clean Energy Stocks model portfolio accelerated upward by 5.3%, as did my real-money managed strategy, the Green Global Equity Income Portfolio(GGEIP), which...
Ten Green Energy Gambles for 2010: Q2 Update
Tom Konrad CFA My speculative green gambles still have chips, but the mild decline of the stock market so far this year is not enough to make them really pay off, yet. In January, I brought readers a collection of nine bearish puts on non-green companies and ETFs and one tiny energy efficiency company with a chance of taking off big before the end of the year. They considered of bets against three fossil energy companies, four travel and leisure stocks, a Mexico ETF , a Trucking company (JB Hunt ), and a long bet on Power...
Ten Clean Energy Stocks Under Trump (November 2016)
Tom Konrad, Ph.D., CFA So far, the broad stock market seems to like the idea of a tax and regulation-cutting and infrastructure spending Trump administration and Republican controlled Congress. The bond market is less pleased at the rapidly growing deficits such a "borrow and spend" policy will inevitably entail. While the S&P 500 advanced 3.4% in November, bond funds fell in the face of rising interest rates. The iShares 20+ Year Treasury Bond (TLT) fell 8.4%. Clean energy stocks were also hurt by the incoming President's climate change skepticism and his promises to undo environmental regulations put...
In a Buying Mood
Several key indicators I follow have put me back into a buying mood. But sadly I will be spending most of my day in meetings and will not have much time to follow through on any purchases. I wanted to post a quick update about the stocks I'm following. I will be averaging down on some of my current holdings this week and also looking to add some new stocks to the portfolio. Here is my short list of new stocks I'm taking a close look at to add to the portfolio: Capstone Turbine Corp (CPTC)...
Ten Clean Energy Stocks for 2021: The List
by Tom Konrad, Ph.D., CFA
An annual tradition, here is my Ten Clean Energy Stocks for 2021, which is also the new model portfolio for the year, with equal dollar values of each stock using closing prices on 12/29/2020.
Returning Stocks
Mix Telematics (MIXT)
Green Plains Partners (GPP)
Covanta Holding (CVA)
Red Electrica (REE.MC, RDEIF, RDEIY)
Valeo, SA (FR.PA, VLEEF, VLEEY)
Veolia (VIE.PA, VEOEF, VEOEY)
New Stocks
Scorpio Bulkers, Inc. (SALT) - Dry bulk shipper converting to offshore wind construction. Thanks to Thad Curtz for bringing my attention to this one.
Brookfield Renewable Energy Partners (BEP) - A leading clean energy Yieldco...
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...
Trading Alert: Purchased Beacon Power Corp (NASDAQ:BCON)
I purchased some more Beacon Power Corp. (NASDAQ:BCON) on Friday after watching the stock slowly dwindle over the past 2 weeks back toward its 3-month low. I purchased it at $1.07 Beacon Power makes flywheel-based, environmentally-friendly energy storage devices that can help smooth out supply-demand swings in electricity grids, notably by storing base-load power and releasing it during peak-load periods. More on Beacon Power’s flywheel technology. Beacon is not a company that looks particularly attractive fundamentally at the moment. For Q3 2006, the company reported a net loss of $3,165,000, or -$0.06 per share, on...
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...
10 Clean Energy Stocks for 2020: Updates on GPP, HASI, CVA
by Tom Konrad, Ph.D., CFA
Market Decline
Last week I warned "The risks in today's stock market outweigh the possibility of future potential gains." Looks like we're seeing those risks manifest in short order. The last couple days' decline have me looking at a few stocks to start adding to my positions again, especially MiX Telematics (MIXT) discussed on June 2nd and Green Plain Partners (GPP), discussed below.
Note that this pullback could easily be very early days of a much larger market decline. We might even see the market fall far enough to test the March lows... any of my buying...
Ten Clean Energy Stocks for 2010: Q2 Update
Tom Konrad CFA In the six months since I published my annual clean energy mini-portfolio, it has far outperformed my industry benchmark, the Powershares Wilderhill Clean Energy Index (PBW). The dismal performance of renewable energy stocks so far this year is likely to lead to great buying opportunities in the rest of the year. 2010 is the third year in a row that I've published a list of ten renewable and energy efficiency stocks that I expect to perform well over the coming year. The details on the list for 2010 are here; this article is...
Seven Green Stocks I Told My Sister to Buy
Tom Konrad CFA I guide my sister through the stock market, she guides me through the mountains. An earlier version of his article was first published on the author's Forbes.com blog, Green Stocks on February 15th. This version has been updated to reflect market action and news since then. Earlier this week, I wrote about how my annual green stock trading advice had worked out for my sister and readers (well) and the two stocks where I thought she...
Ten Green Gambles for 2010: Q3 Update
Tom Konrad CFA To my surprise, the market came back in the 3rd Quarter, and my portfolio of put options designed to hedge a market decline is predictably down. However, my benchmark (a put against the Dow Jones Industrials has performed even worse than my picks.) I don't have a lot to say about the performance of my Ten Green Gambles for 2010 so far this year. These gambles were a bet on a market decline in 2010. Since we're now into the 4th quarter and the market is still...
Ten Clean Energy Stocks For 2015: Buying Opportunities
Tom Konrad Ph.D., CFA In the two months since my last "monthly" update, the stock market has been in turmoil. At the end of June, I was pleased report that my Ten Clean Energy Stocks for 2015 model portfolio was not only up for the year, it was comfortably ahead of its benchmarks. At the end of August, the report is of a more win-the-battle-lose-the-war variety. The portfolio is still ahead of its benchmarks, but it's now down 1% for the year to date. The portfolio lost 4.8% in July and 5.7% in August, to end...
