Filed under: Stocks to Buy, ETF
Exchange-traded funds involving solar energy have been stellar over the past two months. A rising stock market and higher oil tends to help. Many companies are raising guidance or are calming fears that margin compression is escalating and that orders are dropping.
We have taken a look at some of the solar ETF products on the market that offer the best alternatives on investing, although there are also some broader ETF products via alternative energy and clean energy ETFs, which of course include heavy weightings in solar stocks. Guggenheim Solar ETF (TAN) and the Market Vectors Solar Energy ETF (KWT) are key solar ETFs in the mix. We have also loosely covered solar via broader alternative energy ETFs of PowerShares WilderHill Clean Energy (PBW), Market Vectors Global Alternative Energy ETF (GEX), and the iShares S&P Global Clean Energy Index (ICLN). As First Solar Inc. (FSLR) is the largest solar stock out there, we have tried to show how it relates into each because the weighting and balancing of each fund differs.
Continue reading Solar ETF Funds Are Shining Bright
Solar ETF Funds Are Shining Bright originally appeared on BloggingStocks on Wed, 13 Oct 2010 06:00:00 EST. Please see our terms for use of feeds.
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