02 March 2007

A new virtual alternative energy fund is born

Everyone always aims to find the hypes in the global stock markets. In the eighties, Japan was hot. In the nineties, you had to have tech stocks. Then came metals & mining and several others have passed that may have not been as significant, but were certainly worth the money. When reading financial websites, there's one sector that keeps coming back: alternative energy. It's no secret to anyone on this planet that something needs to happen about the way we pollute the environment and our atmosphere by consuming more and more energy per capita. Emissions are a big issue, ethanol is so hot that there are actually fears of grain, corn, soy & sugar becoming too expensive for third world countries. Friends and family members might already start selling you fuel savings pills and even your little village grocer starts selling LED bulbs. Clean & green is hot and it wil remain hot for years to come, if the stock market experts are right. Well, I'm gonna take that challenge and give you five alternative energy stocks. Let's see if they can outperform my stock pick portfolio or even my mining portfolio. Here's the first five (I might add more in a while) : Evergreen Solar (ESLR - US$9.46), Beacon Power (BCON - US$0.90), Pacific Ethanol (PEIX - US$15.40), Distributed Energy Systems (DESC - US$2.89) and SolarWorld (SWV.DE - EUR 57.57). Now let's see how sunny the future is for these green stocks. Investing in these companies almost makes you feel as if you're doing something good for Mother Earth!

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