For a while, I thought I was on to something with the tracking portfolio (like mutual fund managers were smart, or something), but it turned out that they just put higher risk stocks in their top 5 holdings.
Archive for Energy Investing
Since then, both the stock and the ten picks have been doing well in comparison to the market, but Algonquin has entered into a couple deals, while I look into in a recent update on the Algonquin Power Income Fund.
A month ago, I bought Raser (RZ) in a gamble that one of thier plans to get project financing would pay off quickly. Unfortunately, the one I thought was most likely of these, an application for a DOE grant gaurantee, was rejected last week, so I sold at a slight loss.
I’ll be keeping an eye on Raser (RZ) to see if I can pick it up again at a reduced price… there’s still a chance of a quick win if they get funding elesewhere.
My Ten Clean Energy Stocks for 2009 has been beating the market and the clean energy sector handily, although the riskier Ten Clean Energy Gambles for 2009 has only been performing in-line with the sector.
John Peterson’s cautious approach to the energy storage sector ("Cheap before Cool") has also been performing well.
In tough economic times, it goes to show that playing it conservative pays off, even when the clean energy sector is getting a political boost.
I’ve posted an updated and more in-depth look at clean energy and renewable energy mutual funds. Also of interest may be an article on how actively managed clean and renewable energy funds compare to the passively manged/index variety.
I’ve published an updated run-down of Clean Energy Exchange Traded Funds, as well as a look at those clean energy ETFs which have Exchange Traded options on them (and why you might care.)
Since Obama’s election, my partent Charles and I have been looking at what Obama’s refreshing attitude towards Renewable Energy and Energy Efficiency, combined with the credit crunch, will do for some of our favorite stocks… here are the highlights:
Charles and I expect divened paying companies to come back into vogue. He has a few dividend paying alternative energy companies and I have a couple dividend paying energy efficiency companies to consider.
I also revisited my list of Blue Chip Alternative energy companies to see which ones might benefit from the expected stimulus package, while Charles looked at Smart Grid stocks that might benefit from a stimulus package. One technology I’m betting on is Geothermal heat pumps.