Home > Personal Finance > Investing > Investing Basics
Created on: September 14, 2010
The time has come for investor's with long term portfolio's to think about putting some more Green in their pockets. "Green energy stocks that is". Green or alternative energy stocks are the oil stocks of the future. If you are able to buy into a relatively slow moving ,low cost sector that will eventually take off because it has too ,why wouldn't you? Oil will run out, and will sooner then later cost much more. The government's of the world will have no choice, but to invest in different ways to provide energy for their populations. This is because of the cost charged by foreign suppliers.The limit of our abilities both as a country and as individuals will be tested within the next few years. Once this happens the people will speak and their words will say give us alternative energy now!
Alternative energy stocks have been beaten down and are ripe for the picking. Almost all the alternative energy stocks I have seen are selling for bargain basement prices. The reason for these low prices is called cheap oil. Remember in 2008 when oil spiked over one hundred dollars a barrel and the price at the pumps hit $4.00? This is not the first nor the last time this will happen. During this time frame alternative energy soared. Alternative energy has not fallen back to where it was before the oil spike, but it has retraced back nicely. Some of these beaten down stocks are currently at their 52 week lows.If you look at FSLR (First Solar) when they opened 11/1/2006 they where bought for $24.50 per share they maxed out during that oil spike at $317.on 5/1/2008, imagine buying into that. Fslr is now selling for $141.48 per share and its 52 week moving average was between $98.71 on 2/25/10 and $163.32 on 9/22/09. As was stated a few lines ago this stock is perfect for the buy.Lets look at KWT(Market Vector Solar Energy ETF) their 52 week moving average was $9.04 6/8/10 and $17.31 on 1/11/10, this ETF is currently selling for $12. 18 which gives it plenty of room to move. This ETF was also trading for 45.59 on May 8, 2008. If you use this as a gage you can see that both of these trading vessel's which only reflect solar moved when oil went sky high.
These same statistics can be shown for all Alternative energy stocks. Alternative energy may not be a money maker now , but it has serious potential that can not be ignored. With oil prices higher and a $ 75.00 a barrel comfort zone for the Middle East OIL giants, prices at the pumps can and will only go higher. Seeing eighty dollars a barrel is easy now a days and if you think one hundred or even two hundred dollars a barrel is not possible then just remember back to 2008 when oil hit $145.00 in July. The need for Alternative energy to free ourselves from our foreign oil dependency is a must and can only fuel the rise of alternative energy stocks. The time is now don't get left behind.
Learn more about this author, Lawrence Sanchez.
Click here to send this author comments or questions.
Below are the top articles rated and ranked by Helium members on:
Investing in green technology
by Joseph Malek
There are dozens of private enterprises and corporations that are currently developing various kinds of green friendly
The time has come for investor's with long term portfolio's to think about putting some more Green in their pockets. "Green
by Robert Lalor
I personally hold investments in green technology; in fact about 30% of what I have invested is in green companies. However,
by Kathy Stemke
Investing in green can keep you out of the red and in the black. Green or cleantech subsectors cover many areas, including
by Norman Gomez
Thinking of ever investing in, "Green Technology?" Don't you want to save your Mother Earth? By investing in such technologies,
View All Articles on: Investing in green technology
Helium Debate
Cast your vote!
Which is the better choice: Compound interest or capital gain?
Click for your side.
Featured Partner
The mission of the Common Language Project is to develop and implement innovative multimedia approaches to international and local journalism. It focuses on positive, inclusive and humane reporting of stories ignored or underreported...more