FiveTop Green Week Stocks

The 'green' category encompasses a lot of industries, including solar energy stocks, it can include fuel cell stocks, there is wind power, there are ethanol stocks, and even geothermal companies. Since last week was Green Week, here are some of the top alternative energy stocks from various industries.

First Solar, Inc. (FSLR) is the leader in thin film semiconductor technology. This Phoenix, Arizona company makes and markets a thin layer of cadmium telluride semiconductor material. The stock has a PE of 1.42, and a PEG of 2.42.

A fuel cell is an electrochemical energy conversion device which produces electricity from external supplies of fuel and an oxidant. They can operate continuously, as long as the flow continues between the fuel and the oxidant. One of the major players in hydrogen fuel cells is Air Products and Chemicals (APD). It markets various types of gasses worldwide.

Air Products developed and continues to operate a hydrogen production facility, a fuel cell power plant and a fueling station which dispenses hydrogen and hydrogen blended fuels to a fleet of light duty vehicles in Las Vegas. It also supplies the Honda Motor Company (HMC) with high pressure gas and two hydrogen fuelers for their Fuel Cell Vehicle Program with the city of Los Angeles.

The stock has a P/E of 19, a PEG of 1.37, and is one of the few fuel cell related stocks that pays a dividend, by generating a yield of 1.8%.

Wind power generation went up over 300% between 2000 and 2006. Zoltek Companies Inc. (ZOLT) is a St. Louis-based company which is a supplier of carbon fiber for windmill blades. Its customers have included DeWind and Vestas, the world's largest manufacturer of wind turbines.

The stock has a P/E of 140, and a PEG of 0.66.

Ethanol has been used in the United States as fuel since 1840 as lamp fuel. The Andersons (ANDE) is involved in the management of ethanol production facilities and grain and ethanol trading.

The stock has a P/E of 12, a PEG of 1.28, and a yield of 0.7%.

If you want an Excel list of all the stocks related to ethanol in some way, with financial data such as P/E ratios and yields, which can be sorted and changed, go to WallStreetNewsNetwork.com.

Geothermal generation utilizes natural underground heat sources that powers a turbine which turns a generator. Ormat Technologies Inc. (ORA) is a Nevada- based company, which trades on the New York Stock Exchange, and was founded in 1965. It owns and operates geothermal power plants, selling electricity in the United States, Guatemala, Kenya, Nicaragua, and the Philippines. It also provides products and services to other geothermal power generators.

It has a P/E of 69, a PEG of 1.94, and has a yield of 0.4%.

Disclosure: The author does not own any of the above.

Comments

[globalmacro]

FSLR has a PE of 1.4? Lol.

[globalmacro]

It's borderline irresponsible to recommend FSLR when you have much better valued solar companies like CSIQ, STP, and TSL.

[etznab]

A Myth about Matter

Jim Fournier is founder and President of the Biomass Energy & Carbon,
a Colorado based R&D company commercializing biomass gasification and
developing a revolutionary new "carbon negative" bio-fuels technology
that can remove CO2 from the air by generating sustainable energy and
a high-carbon fertilizer from biomass. www.biomassec.com
In this episode we look at his work and vision of where we stand and
what we need to do to bootstrap the system into being...

www.iclips.net/pmt.php

[EnergyFinancier]

Interesting thoughts. If you'd like to learn more about renewable energy finance, and the prospects for companies such as First Solar, the CEO of First Solar, Mike Ahearn, will be speaking at the Renewable Energy Finance Forum, held June 18-19 in NYC.

The Renewable Energy Finance Forum-Wall Street brings together financiers, investors, and renewable energy project developers to network, strike deals, and learn how money is made in the industry. In addition to First Solar's CEO, over 40 of the highest profile industry leaders will be speaking at the event, sharing their ideas and insights on the future of renewable energy. In short, it is a "must attend" event for anyone involved in the renewable energy sector.

For more information, visit www.REFFWallStreet.com.

[Marol]

I was a little unclear whether these actually were intended as recommendations . . . ?

[stockguy456]

Also look at fcel, bldp, cpst & eslr