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Harris Roen
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Harris Roen is a financial writer with a passion for understanding the economic activity of our interconnected world. His previous experience of over 15 years as a professional portfolio manager helps him ground-truth the hype through independent research and analysis, providing valuable... More
My company:
Swiftwood Press LLC
My blog:
Roen Financial Report
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  • Bull Market In Alternative Energy Mutual Funds And ETFs

    Alternative Energy Mutual Fund Returns

    Robust Alternative Energy Mutual Fund Returns

    Alternative energy mutual funds remain a strong investment sector, showing extremely robust returns in June. On average, MFs gained 28.1% for the year, and every fund posted double digit returns. Also without exception, all funds are up for the past three months.

    More importantly, long-term returns for alternative energy mutual funds have greatly improved in the past year. In June 2013, the average three-year return was 3.0%, with three out of 10 funds showing losses… [Read More]

    (click to enlarge)

    Green ETFs Increase Gains

    Green ETFs have significantly increased their gains since May, up 37.6% on average for the year. This is substantial improvement compared to the 25.7% average annual gain a month ago.

    There is only one fund showing a loss for the year, Market Vectors Rare Earth/Strategic Metals (NYSEARCA:REMX). Otherwise all ETs have returned near 20% or better for the year. The two solar ETFs, Guggenheim Solar (NYSEARCA:TAN) and Market Vectors Solar Energy ETF (NYSEARCA:KWT) show the greatest gains by far… [Read More]

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jul 01 3:46 PM | Link | Comment!
  • New Company Added To Select Alternative Energy Portfolio

    The Roen Financial Report Paradigm Portfolio is a select group of alternative energy stocks. These companies are considered best positioned to benefit from the economic paradigm toward cleaner energy alternatives shift and away from foreign oil and polluting coal.

    The portfolio has maintained excellent returns, up 44% since inception after accounting for additions, removals, and rebalancing*. One profitable recycling company has been added to the portfolio, and manufacturer in efficiency products is being removed.

    (click to enlarge)

    Returns

    The Paradigm Portfolio remains ahead of the S&P 500 and NASDAQ indices, as shown in the chart above. The portfolio is up 44.2% since its inception on January 1, 2013. This compares to a gain of 35.0% in the S&P 500 and 37.1% in the NASDAQ over the same time period.

    The rise in alternative energy stocks has been broad, with 33 out of 38 companies showing gains. SolarCity (NASDAQ:SCTY) enjoys the best returns, up a stunning 208% after rebalancing. Even the five stocks that are down have only dropped an average of 4.2%.

    (click to enlarge)

    Portfolio Update

    LKQ Corp (NASDAQ:LKQ), the newest addition to the Paradigm Portfolio, is a Chicago-based auto parts dealer that has a large recycling business. For example, LKQ has a tire recycling program that processes over 4,000,000 tires each year. This profitable Chicago-based company has more than 23,000 employees and over $5 billion in annual sales. Its revenues and earnings per share have grown every year since 2007, and the company has a very healthy cash flow. Even though the stock is considered above fair value, we see much upside potential from here for the long-term investor.

    VECO)" target="_blank" rel="nofollow">Veeco Instruments Inc. (VECO), which sells equipment used in the production of light emitting diodes (LEDs), solar panels and other devices, is being removed from the portfolio. The stock shows poor fundamentals so has not fared well in our stock screening process. The Roen Financial Report sees the stock as overvalued at current levels, trading above its fair price channel. We feel it is best to lock in any gains made on this stock when it is above the 30.42 purchase price. CREE)" target="_blank" rel="nofollow">CREE Inc. (CREE) remains in the Paradigm Portfolio as a better investment opportunity in the LED lighting industry.


    *Hypothetical gain from portfolio recommendations. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities on this list. For an explanation of how hypothetical returns are calculated, please see the Returns section under How Investments are Picked in the Roen Financial Report User Guide.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 05 2:35 PM | Link | Comment!
  • Green Dividend Yield Investing

    Green Dividend Yield Investing

    Do you want to generate meaningful income from alternative energy stocks and bonds while supporting the growth of clean energy? The Roen Financial Report has released a new report Green Yield Investing: Generating dividends from clean energy stocks and bond. This report offers valuable guidance on adding steady income through clean energy stocks, bonds and mutual funds.

    Written by guest author Dan Quinlan, this timely and informative report will teach you how green dividend yield investing can be a more stable way to invest in alternative energy - a market that has, in many ways, been very volatile and speculative. Learn about three distinct types of emerging income investment opportunities: the "YieldCo", Financing Companies, and Clean Energy Bonds. By reading the report you will discover how these investments work, and how they can enhance your income generating strategy.

    Green Yield Investing details seven specific dividend yield producing investments. The report includes crucial data on ownership, management team, key financials and future prospects. For example, Pattern Energy Group Inc. (NASDAQ:PEGI), a YieldCo that owns and operates six wind power facilities, has a yield of 4.4% and is on target for annual dividend growth of 8-10%.

    Green Yield Investing also describes how investors can benefit from the Roen Financial Report Green Dividend Yield Portfolio. This select group of high-yield alternative energy stocks fall in the "sweet-spot" of dividend yield between 3.5% and 7.0%. Alternative energy companies in the Green Dividend Yield Portfolio are evaluated on many criteria important in determining the quality of dividend yield that a company produces. These criteria include dividend growth, earnings per share, free cash flow, return on equity and yield to debt risk. The 15 companies currently in the Green Dividend Yield Portfolio have yields ranging from 3.5% to 6.2%, with an average yield of 4.4%.

    Whether you are thinking about augmenting your existing dividend yield portfolio, or want to add income investments as part of your savings strategy, Green Yield Investing can help you reach your goals. Download your free copy today at http://www.roenreport.com/green-dividend-yield/

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    May 23 4:14 PM | Link | Comment!
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