10 Clean Energy Stocks for 2010: Q1 Update
Tom Konrad (AltEnergyStocks) submits:
This is the third year in a row I’ve published a list of ten stocks for the year ahead at the end of December. In 2008 my list trailed the broader stock market but beat the clean energy index, and last year it outperformed both. So far, this year looks more like 2008 than 2009. In addition to the portfolio of ten stocks, I gave an alternative portfolio which substituted two specialized exchange traded funds for six of the stocks. You can read the original article here.
For the first quarter, the portfolio was up 1.3%, including dividends, and the alternative portfolio with 4 stocks and two exchange traded funds [ETFs] was down 1.2% with dividends. These two results were bracketed by the broad Russell 3000 index (up 4.03%) and my sector benchmark, the Powershares Wilderhill Clean Energy ETF (PBW), which was down 11.57%.
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