How Are Your Energy Stocks Doing
Jun 23, 2009 – Through the end of May 2009, most alternative energy stocks were down from their peaks even though President Barack Obama announced major spending initiatives and tax credits for renewable energy. For example, on an annual basis: Wind Energy America, -60%; First Solar, -32.7%; Evergreen Solar, -83.1%; VeraSun Energy, -99.7%; Sunpower, -66.5%; New Alternatives Fund, -34.1%; Guinness Atkinson AEF, -56.2. Is now a good time to buy these stocks and funds before they rebound? The stimulus money has to go somewhere and the Obama administration has repeatedly said that green energy is a priority issue. Have you had success with any alternative energy stocks, ETFs or mutual funds? Please leave your comments here.