Clean Energy Shopping List Series: Index and a Few Bonus Stocks

I started my "Clean Energy Shopping List" series on the premise that the market was near a peak, and it would be better to wait than to buy now. My market call turned out to be premature (or just plain wrong... time will tell) and the market has since advanced more than I thought it would. But I feel the challenges facing our economy and financial system are too grave not to bring down the market from its current heights eventually, so each rise simply makes me more bearish.

However, I feel the shopping list series is getting tired (or at least I'm getting tired of it), so I'm going to end it now, with just a list of stocks in the series and the articles that cover them. In addition, I'll throw in the few companies I've been thinking about using but have not made it in so far.

Article	Companies
Clean Transportation Stocks	NFYIF.PK, PRPX, FGP.L, WAB, PTRP
Energy Efficiency stocks	ERII, LXU, WFFIF.PK, FLIR, CREE
Electric Transmission Stocks	BGC, ABB, PIKE, MTZ, PWR
Landfill Gas and Geothermal Stocks	WMI, VE, ORA, RZ, NGLPF.OB
Solar Stocks	SMLNF.PK, SATC, PWER, STG.V, AEIS
Smart Grid Stocks	BCON. AMSC, ELON, ITRI, TLVT

It's also worth noting that soon after I included Raser Technologies (RZ) in my Geothermal Shopping list, I decided that the sale was already on, and decided to buy now. The company is holding above the $2.00-$2.05 range at which I bought it, but it will be interesting to see if it continues to hold if the downturn I expect materializes.

Bonus Picks

All along, I've been thinking about writing a list of battery stocks I like, but John Petersen does that so well, I've decided just to reference him. Among the battery stocks John follows, the ones I'll be looking to scoop up if they fall in a general market decline are the ones he refers to as "Cheap" (in reference to the value of their products, not necessarily the stock prices.) I like both the "Cheap Sustainable" group that can fund their operations out of existing cash flow, and the "Cheap emerging" ones developing new inexpensive battery technology. Here are John's lists of battery stocks.

There are also a couple other efficiency stocks that didn't make the list... I was thinking about doing a second list of five, but instead I'll just give you three honorable mentions here: Owens Corning (OC), Linear Technology Corp (LLTC), and Power Efficiency Corp (PEFF.OB).

Thaaat's All Folks!

For a guy who said at the start of the year that I wanted to reduce my individual positions to no more than 50 companies, I clearly have conflicts: I just listed 39 companies I'd like to buy (at the right price.) At least I already own 2/3 of the list. But it's clearly time to stop while I'm behind.

I just noticed I didn't list any wind stocks. There's always FAN...

DISCLOSURE: Tom Konrad and/or his clients own AMSC, ELON, ITRI, TLVT, SATC, STG., WMI, VE, ORA, RZ, NGLPF, BGC, ABB, SI, PIKE, MTZ, PWR, ERII, LXU, WFIFF, FLIR, CREE, NFYIF, PRPX, OC, LLTC, and FAN. PEFF is an advertiser on AltEnergyStocks.com

Comments

[La Marque:]

Excellent recap! Do not stop writing.

Aug 09 10:43 AM

[isaac the t...:]

"For a guy who said at the start of the year that I wanted to reduce my individual positions to no more than 50 companies, I clearly have conflicts: I just listed 39 companies I'd like to buy (at the right price.) "

Tom- this is exactly why there are thousands of investors out here would love to find an ETF product that focused on the Energy Transmission/ Storage/ Efficiency sector. We can't practically take and monitor positions in all these companies, especially when for most of us this won't make up more than 10% of our portfolio.
Come on, I know you and John and Charles can develop an index that an ETF can be based on.

Aug 09 11:16 AM

[tc1:]

I second the motion: please don't stop writing about these things, Tom, and thank you for all your "hot tips" given in all your prior writings..

Aug 09 11:20 AM

[Tom Konrad:]

Thanks for the compliment isaac and tc1, but my active management style is the opposite of managin an index. But if you dig up someone who wants me to advise a mutual fund, I'll seriously consider it.

Aug 10 11:52 PM