Ten Clean Energy Stocks for 2010
Posted by Big Gav
Tom Konrad has a look at some of his favoured clean energy companies for the upcoming year - Ten Clean Energy Stocks for 2010. Its interesting that none of these companies generate power (or build equipment for generating power).
In late 2008, when I was putting together my list for 2009, I had a relatively easy time. Fear was rampant, and there were many great companies selling for single-digit multiples of earnings. Today, complacency and greed have returned to the markets, and good values are very hard to come by. The following 10 are mostly the result of culling through our Alternative Energy Stock lists for companies in my favored sectors that look ready for the premature end of the recovery: Companies with strong balance sheets, good cash flow and profitability at not-too-expensive multiples.
Electric Grid & Electricity Storage (30%)
* General Cable (BGC)
* MasTec (MTZ)
* C&D Technologies (CHP)
-or-
* Smart Grid Infrastructure Index Fund (GRID)
Efficient/Clean Transportation (30%)
* New Flyer Industries (NFI-UN.TO, NFYIF.PK)
* Firstgroup PLC (FGP.L)
* Portec Rail Products (PRPX)
-or-
* Powershares Global Progressive Transport ETF (PTRP)
Energy Efficiency (30%)
* Waterfurnace, Inc. (WFI.TO, WFFIF.PK)
* Linear Technology Corp (LLTC)
* Flir Systems, Inc. (FLIR)
Biomass, Waste to Energy, Recycling - 10%
* Waste Management (WM)
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