Ten Solid Clean Energy Companies to Buy on the Cheap: These Almost Made It

There are more than enough solid companies with strong clean energy arms. These companies are my favorite investments right now, both because I think that now is a time to play it very safe in the stock market (I'm also increasing my cash reserve), and because these companies allow me to use Cash Covered Puts.

Since I do have several companies I nearly put in this list (I've been deciding which ones to write about as I go along... the list order doesn't mean much of anything.) I thought I'd share those with readers, but without extensive discussion of the pros and cons. Also in no particular order:

General Cable (BGC)

This was another transmission pick, but I chose not to include it because the I had two other transmission picks. Here are other articles where I mention it: Electric Transmission, Blue Chip Stocks, Transmission and Clean Transport.

Greenbrier (GBX)

This is another rail pick. I've also mentioned it here, and the price has fallen considerably since then, making it more attractive.

Owens Corning (OC)

Another energy efficiency pick, this stock has been badly hurt by the housing bust. I'm having trouble figuring out what a "good" price for this one is, so I decided to leave it out of the series. I've also written about it as an Energy Star Summit pick, an efficient housing play, and as one of my Blue Chip Stocks.

Honeywell International (HON)

This stock didn't make it onto the list because I have not been following it. Honeywell has historically looked rather expensive to me, although it seems to be getting cheaper. I've mentioned it as a Performance Contracting stock, as an Energy Star Summit pick, and as one of my Blue Chip Stocks.

DISCLOSURE: Tom Konrad and/or his clients have long positions in BGC, GBX, and OC.