danno

Index Watch: 6 New Clean-Tech Stocks to Join CELS

Yawn. CELS is such a bozo index, if one really looks at this index and what has done in the past, then one realizes it's totally worth ignoring. This is an index that loaded up on grain ethanol stocks at one point, added stocks that announced that they were delisting, or even had only 2% of its business in renewable energy (thank you Eurotrust). When you look at the quality of the stocks in CELS (e.g., CPST, FCEL, AVR) it's quite apparent that the these guys not only don't know what they're doing but the future returns will stink as bad as past returns. Note to author: engage brain before writing.