10 Green Energy Stocks for 2009 - Q3 Performance Update [View article]
Tom, thank you for your updates. I'm still holding on to some GE, regretting i didn't sell more of it when it hit $17 recently. I made out quite well with CREE, buying a lot of it at $14 in Dec. 08 and riding it all the way up to $31, when its P/E surpassed 105 and even its forward P/E looked excessively high at over 40. I was hoping CREE would "correct" to about $26 or $27, where i was ready to buy more, but, of course, this promising stock never did anything of the sort, soon surging as high as ~$38.50 in mid-Sep. along with the general market and Nasdaq this-year highs.
Do you think CREE is worth buying again in the low $30s? (e.g., $32?) One thing that concerns me is that, whereas CREE is greatly impressing govts, municipalities, universities and engineering-award committees with its l.e.d. lighting products, and it has those big contracts with certain HDTV manufacturers (like LG), the general home/office lighting marketplace (e.g., Home Depot) sees no evidence thus far of CREE entering that market. I'm seeing several other brands with their lighting products out there. I'm concerned that CREE may not gain the massive revenues from that home/office l.e.d. market if it waits too long to enter.....
10 Clean Energy Stocks for 2009: End of Q1 Performance Update [View article]
Tom, thank you for diligently keeping us updated. I've not had time to keep my eye on a few of these companies that caught my attention when you wrote about them before, such as New Flyer.
I had already invested in Cree back on Dec. 5 (up, as of today, over 80%), and my investments in Great Lakes Hydro Income Fund (GLHIF.PK) and Boralex Power Income Fund (BLXJF.PK), both of which you alerted me to with your AltEnergy site, have held up rather well, outperforming the S&P and Dow during the markets' wild ride this last Quarter.
Thanks again, and keep up the great work! You're providing a real service to us "green investors" (green in more ways than one).
Ontario Green Energy Act: What Can Alt Energy Legislation Do for Investors? [View article]
P.S.-- Del Ojo Zafado has in a few of his posts (much appreciated by myself) briefly mentioned the seasonal hydrology cycles.
Do we have any way of knowing each winter-to-early-spring how the ANNUAL hydrology looks for the coming year?
Is there a Canadian or U.S. FORECAST for North America on this hydrology phenomenon each year to get a sense of how the hydro-power trusts' earnings will fare as a result? I.e., some years there will be less snowpack (melting into water) and less precipitation to drive the hydropower engines, other years there will be more.
For folks living up in the NE of North America, it will be pretty obvious how the weather's doing each year, but what about us folks in Southern Calif?
Ontario Green Energy Act: What Can Alt Energy Legislation Do for Investors? [View article]
Another great article, Charles-- keep 'em coming. I've very much enjoyed your writing on this topic of the Canadian renewable energy trusts and have been motivated a month ago to invest in a few of them as a result. They're holding up rather well during this renewed fury of the bear market and promise great returns over the months and years.
10 Green Energy Stocks for 2009 - Q3 Performance Update [View article]
I'm still holding on to some GE, regretting i didn't sell more of it when it hit $17 recently.
I made out quite well with CREE, buying a lot of it at $14 in Dec. 08 and riding it all the way up to $31, when its P/E surpassed 105 and even its forward P/E looked excessively high at over 40. I was hoping CREE would "correct" to about $26 or $27, where i was ready to buy more, but, of course, this promising stock never did anything of the sort, soon surging as high as ~$38.50 in mid-Sep. along with the general market and Nasdaq this-year highs.
Do you think CREE is worth buying again in the low $30s? (e.g., $32?) One thing that concerns me is that, whereas CREE is greatly impressing govts, municipalities, universities and engineering-award committees with its l.e.d. lighting products, and it has those big contracts with certain HDTV manufacturers (like LG), the general home/office lighting marketplace (e.g., Home Depot) sees no evidence thus far of CREE entering that market. I'm seeing several other brands with their lighting products out there. I'm concerned that CREE may not gain the massive revenues from that home/office l.e.d. market if it waits too long to enter.....
10 Clean Energy Stocks for 2009: End of Q1 Performance Update [View article]
I had already invested in Cree back on Dec. 5 (up, as of today, over 80%), and my investments in Great Lakes Hydro Income Fund (GLHIF.PK) and Boralex Power Income Fund (BLXJF.PK), both of which you alerted me to with your AltEnergy site, have held up rather well, outperforming the S&P and Dow during the markets' wild ride this last Quarter.
Thanks again, and keep up the great work! You're providing a real service to us "green investors" (green in more ways than one).
Ontario Green Energy Act: What Can Alt Energy Legislation Do for Investors? [View article]
Do we have any way of knowing each winter-to-early-spring how the ANNUAL hydrology looks for the coming year?
Is there a Canadian or U.S. FORECAST for North America on this hydrology phenomenon each year to get a sense of how the hydro-power trusts' earnings will fare as a result? I.e., some years there will be less snowpack (melting into water) and less precipitation to drive the hydropower engines, other years there will be more.
For folks living up in the NE of North America, it will be pretty obvious how the weather's doing each year, but what about us folks in Southern Calif?
Ontario Green Energy Act: What Can Alt Energy Legislation Do for Investors? [View article]