- Cowen analysts choose their favorite clean technology stocks in areas such as next-generation transportation, natural gas and liquid natural gas, smart grid and next-generation lighting.
- Polypore (NYSE:PPO) is Cowen's top pick in clean tech, is very levered to the fast-growing electric car market, and the firm feels it is poised to take advantage of long-term deals with Samsung and Panasonic.
- Pacific Ethanol (NASDAQ:PEIX) is the leader in California’s ethanol market, margins have been improving, and Cowen expects California ethanol prices to rise with increased rail costs from the Midwest to the state.
- Maxwell Technologies (NASDAQ:MXWL) is a top supplier of innovative ultra-capacitor solutions and has growth opportunities in China with sales for regenerative braking systems for municipal buses.
- Acuity Brands (NYSE:AYI) is a leading provider of lighting fixtures; the stock is not cheap, but the firm thinks non-residential sales trends and LED margin improvement can continue to drive shares higher.
- Silver Spring Networks (NYSE:SSNI) provides IP-based secure networking platforms as well as a suite of solutions to utilities, and Cowen likes its industry-leading 30% share in utility networking equipment.