Posted:
#1
This alone makes me think solars are going to FLY
Article
Article
Time to buy Solar stocks
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Views: 538
Posts: 18
Posted:
#3
krallman,
Tons to choose from..all are quite expensive and very volatile.
Stocks like-
WFR
FSLR
SPWR
TSL
HOKU
STP
There are also "green" funds like YGE who have exposure to the group.
I know your risk capital isnt that large..but if Chavez pulls supply, these stocks will return to the highs for sure..and maybe if oil hits 100 plus, the US will start giving help to the solars and other technology.
Under Bush, the support and development has been terrible. Add that if a DEM gets into office, the stocks will also run.
Tons to choose from..all are quite expensive and very volatile.
Stocks like-
WFR
FSLR
SPWR
TSL
HOKU
STP
There are also "green" funds like YGE who have exposure to the group.
I know your risk capital isnt that large..but if Chavez pulls supply, these stocks will return to the highs for sure..and maybe if oil hits 100 plus, the US will start giving help to the solars and other technology.
Under Bush, the support and development has been terrible. Add that if a DEM gets into office, the stocks will also run.
Posted:
#5
WSC,
Yeah I have been a little busy lately to see how the solar stocks have been doing the past few weeks but if you are serious about solar stocks now might be a time to buy. The industry did take a kick min the pants the last 4 months on reports of "demand" going down and manufactuers aren't having the supply problems they faced like they did early in 2007.
This election is huge for the industry, as renewable energy is a big topic. Solar's outlook isn't the strongest right now because only a handful of states offer any rebates or othe rprograms to make it more affordable. Also the federal tax incentive is due to expire at the end of this year. Also, countries like Spain and Germany had subsidies for their residents and that really helped the so called solar boom and cause that skyrockiting of solar stocks. Now much of those subsidies are consumed these solar companies have the resources to build the panels but the demand is down.
I haven't heard much of Obama's energy plan but I i know he mentions programs for renewable energy sources but that's what all the candiddates say to win an election. There is a great article today on MSNBC that talks about ethanol and other biofuels and that the researchers are now saying that the production of the alternative fuel sources are worse off for our enviroment than fossil fuels. The production of these biofuels let off more green house emissions than the fossil fuels we are currently using....
Posted:
#7
Bio-fuels are a total joke. I would never own one myself..they are too expensive and worse on the environment.
You never really commented on the storage issue..when will the industry have a solution to the night time issue? Solar is only used or lost..that is a big problem.
My comment in the thread was how Chavez is throwing a tizzy about the dollar being so cheap..what an idiot (him not you)
You never really commented on the storage issue..when will the industry have a solution to the night time issue? Solar is only used or lost..that is a big problem.
My comment in the thread was how Chavez is throwing a tizzy about the dollar being so cheap..what an idiot (him not you)
Posted:
#9
You can store it by adding a huge battery pack and maybe a generator to your system. It is not cost effective and you have to be real careful how much energy you are using when there is no sun because the "stored" energy goes fast. That's why states need programs like California's solar initiative where "net metering" takes place. In cali you are still tied to the grid and what ever energy you produce through your solar system and don't use is banked by the utility company and they sell it to other customers at the current rate at which it is being produced (usually peak hours) and then sell it back to you when you are not producing electricity, usually at night and energy is cheaper so you buy it back at a cheaper rate.
Posted:
#13
wallstreet,
one major criticism of solar energy is that is is unable to generate baseload electricity. this is the type of electricity that would be necessary to power a grid. Solar works in conjunction with a baseload source, but it cannot power a grid independently.
as of now, coal is the leader (I'm sure you know) and in the future it could be uranium. There are plenty of criticisms associated with uranium, but the potential is tremendous....if only there was a better way to dispose of it.
As a follow up to your earlier comment on green funds, I think that is a great way to play this, if you choose to. Take a look at the Winslow Management Green Growth Fund.
There will be so many losers but the few winners tend to more than offset the losses. The renewable energy/clean energy arena is extremely tough....I will look over the companies you mentioned and have a few other ppl do the same.
Posted:
#14
Good comments.
The problem I have with the "green" funds is they dont see the group they way I do and MANY of the holdings are not really pure plays, but also are placed to reduce the beta of the fund.
Meaning if a "green" fund stuck with only solar/wind/alt PURE plays, then the volatility would be too high (BETA) and the ups and downs would make it a low rated fund and people would be wary to invest.
What would be great is if solar became large enough that the individual didnt NEED the grid, or even fed back into the grid enough to reduce the need for coal or uranium. I imagine if there were enough participants that it could definately help, but as of now the cost is too high for the homeowner to really utilize the potential.
Uranium supply/price is a HUGE issue and the depletion of coal is an issue. To find alternatives like wind and solar that degrade less if at all seem to be the ultimate solution until another means is discovered and made available. I am sure there will be some development after our lifetimes that make the need for oil/coal/uranium unnecessary..
The problem I have with the "green" funds is they dont see the group they way I do and MANY of the holdings are not really pure plays, but also are placed to reduce the beta of the fund.
Meaning if a "green" fund stuck with only solar/wind/alt PURE plays, then the volatility would be too high (BETA) and the ups and downs would make it a low rated fund and people would be wary to invest.
What would be great is if solar became large enough that the individual didnt NEED the grid, or even fed back into the grid enough to reduce the need for coal or uranium. I imagine if there were enough participants that it could definately help, but as of now the cost is too high for the homeowner to really utilize the potential.
Uranium supply/price is a HUGE issue and the depletion of coal is an issue. To find alternatives like wind and solar that degrade less if at all seem to be the ultimate solution until another means is discovered and made available. I am sure there will be some development after our lifetimes that make the need for oil/coal/uranium unnecessary..
Posted:
#15
I definitely see your point about the green funds. Maybe you buy a basket of stocks to get the pure play then.
Uranium supply is a major issue, but something interesting to note is that the increase in the raw cost of uranium is barely passed on to the consumer. I have read that an 100% increase in raw cost adds less than 5% to the cost of the end user (utility company). The bulk of the cost comes from enriching the uranium, storing it securely, and transporting it.
A price change in oil or coal is passed on over 50% to the utility company, and ultimately households. You seem to know your stuff so I anticipate having a few good talks soon.
I am going to try and answer some of the financial planning questions that people ask, sort of as a charity-work type of thing.
Posted:
#16
Here is some good news for the solar industry.......
https://money.cnn.com/news/newsfeeds/articles/djf500/200802122019DOWJONESDJONLINE000907_FORTUNE5.htm
This bill missed by 1 vote last year but the word around the industry is that this bill is getting more support this time around and will likely go through. The problem they democrats might face is getting the bill signed by the president. He mentioned back in september that global warming is becoming a problem and that we need to start looking at alternative energy sources........but will he take subsidies away from his buddies that run the oil companies? We all know that answer. he thinks he's done his part by signing that revised energy bill last year that really does nothing for our soon to be energy problems.
Other news in the industry is that banks such as BofA are looking at getting involved in the leasing of solar systems for residential customers. This is popular in large commercial projects but now we are seeing more and more banks and investors providing this to residential customers.
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