WHAT ARE SOME GOOD RENEWABLE ENERGY STOCKS I SHOULD LOOK AT?
WINDMILL FARMS ANSWERS:
There are some solar energy stocks around. I believe Jim Cramer mentioned one recently on his Mad Money program. If you go to thestreet.com, you can access a synopsis of recent shows. It's free.
Nancy asks...
I WANT TO INVEST IN GREEN ENERGY STOCKS BUT WHERE DO I LOOK?
I want to buy STOCKS in Green/RENEWABLEENERGY. Such as Solar, Wind etc.
Does any one know which company's sell STOCKS in the 5.00 to 15.00 rang? I plan on holding the STOCKS for a couple of years or maybe more and the trade commissions are at 12.99. I have looked and looked but having trouble on where t look. Thank you all
WINDMILL FARMS ANSWERS:
There are some index funds that invest in green energy stocks. One option would be to buy some stock in one of those funds. Another would be to see what stocks they have bought and research those to see which you would prefer. I do need to warn you though that green energy stocks are not as attractive as they once were, not with oil at 40 a barrel. Anyway here are the index funds.
FAN at 13.38 a share First Trust ISE Global Wind Energy Index Fund. Its largest holding is Vestas Wind Systems, the largest wind turbine company.
PWND at 12.82 a share Power Shares Global Wind Energy Portfolio. Its largest holding is Mitsubishi Heavy Industries.
TAN at 8.70 a share Claymore/MAC Global Solar Energy Index ETF. Its largest holding is First Solar
KWT at 15.38 a share Market Vectors Solar Energy ETF. Its largest holding is Q-Cells
GEX at 23.42 a share Market Vectors Global Alternative Energy ETF. Its largest holding is First Solar.
GWO at 5.46 a share ELEMENTS Global Warming. I have no idea what this fund holds but I think it has many of the securities owned by the others.
One of the critiques of these index funds is that they are capitalization weighted. That means that overpriced stocks make up most of their holdings. Not a real great strategy for making money. But what you can do is go to the sites of these funds and find out what companies they have invested in and go from there. All of these are down significantly from their highs, some by better than 60%
These are just a few of the index funds that I know of. There might be 20 more that I am not aware of.
Maria asks...
IS IT TRUE BILL GATES IS SELLING ALL OF HIS SHARES IN MICROSOFT IN ORDER TO BUY UP RENEWABLE ENERGY STOCKS?
Okay, here's what I read; Bill Gates has very little involvement with Microsoft these days and is slowly dumping all of his MS shares quietly, and reinvesting his money into RENEWABLEENERGYSTOCKS like wind and solar power. Is this really true that he realises Microsoft is under the knife to the likes of Google and Apple and he knows it so he's doing this? Just curious.
WINDMILL FARMS ANSWERS:
Bill has been slowly divesting his Microsoft shares for years. It's part of a prudent investment strategy -- don't have all your eggs in one basket.
However, he's not into renewable energy stocks because their performance is poor. It's very tough to make money in those stocks because there's no return on investment. The only money in them is government subsidies which are notoriously unreliable.
Bill is giving his money away, mostly to his foundation which is fighting poverty and disease in Africa.
Sandy asks...
I'D LIKE TO INVEST IN WATER TREATMENT, RENEWABLE ENERGY, ALTERNATIVE FUELS. RECOMMEND ANY STOCKS OR SITES?
would like recommendations on alternative fuel, RENEWABLEENERGY mutual funds and websites that offer these choices
WINDMILL FARMS ANSWERS:
Check out the Powershares ETFs PHO (water resources) and PBW (alternative energy). Or Guinness Atkinson alternative energy mutual fund GAAEX.
Linda asks...
ENERGY STOCKS, WHERE TO INVEST?
The market is currently down, and i was told it is a GREAT time to get in. I wanted to get into RENEWABLEENERGYSTOCKS. what are some good ones, or where can i go to do some research on them? I don't have to much to invest with.. Here are some stock i was looking into.
JASO
SOEN
CSUN
CSIQ
ESLR
SOLF
TSL
YGE
FSLR
ESLR
LDK
SPWR
ENER
I found theses stock of a "top solar ENERGYSTOCKS to buy" so what is good. Somebody give me advice, please.
WINDMILL FARMS ANSWERS:
The S&P 500 is up 28% from its recent low. And some people say that many stocks are overvalued now due to their high PE ratio.
And renewable energy stocks might not do all that well even if the stock market goes up some more and the economy recovers. Because energy stocks usually do well late in the business cycle, when the demand for energy often outstrips the supply.
I think that investing for the long term now is too risky. Because it's not yet clear that the economy will get better in any significant way in the near future. And there is a good chance that it might get worse due to rising unemployment and more defaults on mortgages and other debts.
