PBD: Betting On The Future Of Clean Energy

Unlocking Alpha
794 Followers

Summary

  • According to the IEA, the spending on clean energy must triple in the next decade to meet the target of net-zero emissions of greenhouse gases by 2050.
  • PBD has crushed the S&P 500 in the last two years. However, on a 10-year period, the S&P 500 outperformed PBD.
  • On average, the stocks in the fund are trading at 3.5x book value and 125.67x forward earnings. Given the high valuations, I would be cautious before purchasing PBD now.

Solar panels at dusk

Justin Paget/DigitalVision via Getty Images

Investment Thesis

Investing in clean energy is a hot topic nowadays. It is affecting every investor directly or indirectly as large key players in the financial industry are shifting their focus from traditional energy sources based

This article was written by

794 Followers
About me: Value-oriented investor, seeking low-risk investments with the potential to deliver high returns. I like to analyze commodities, ETFs, and cash-flow positive businesses that have a moat and growth opportunities.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About PBD ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on PBD

Related Stocks

SymbolLast Price% Chg
PBD
--