The bull train has hit a few bumps in recent trading sessions as a wave of European woes over the weekend has prompted some to take profit. Nonetheless, “buying on the dip” remains a dominant theme on Wall Street as bullish pressures continue to reign supreme on the equity front [for more market news and analysis subscribe to our free newsletter]. With most equities either sitting at or headed towards new highs, many are faced with the tough decision of waiting to pull the sell trigger in an effort to maximize profit without getting burned by the impending correction. Luckily, the investable universe is wide and not every security has taken advantage of the bull run on Wall Street. Green-energy bellwether First Solar (FSLR) presents an intriguing opportunity at the moment that warrants a closer look from contrarian investors looking to get a piece of the action on Wall Street.
Alternative energy had another poor year, as these investments seem to fall by the wayside compared to fossil fuels. Though many agree that we need to shift our current energy consumption, it looks like new technologies are giving way to a natural gas revolution rather than an alternative energy revolution. Luckily for proponents of green technology, Barack Obama secured another four years in the White House, and he has been generally outspoken on his approval of these energy sources [for more alternative energy news and analysis subscribe to our free newsletter].
Alternative energy has been a hot topic in recent years, as it has been heavily debated in both the political and investing world. Some feel that America’s energy independence relies on the expanded use of alternative sources, while others disagree with that sentiment. Either way, alternative energy investing has surged in popularity in recent years as many have added long term exposure to their portfolios in hopes of this asset class growing as a whole. But investing in green energy can be a tall order, as there are numerous companies that offer dozens of different clean energy solutions [for more alternative energy news and analysis subscribe to our free newsletter].
Although solar energy is not a traditional commodity, its presence in the financial world has grown over the years. Solar energy is simply the process of capturing energy emitted by the sun and converting it to a usable form of electricity or other power. Historically, this alternative source of energy has not accounted for any significant portion of the global energy market. Some experts, however, believe that there lies significant potential for the future of solar energy, which could have serious impacts on numerous commodities [for more solar energy news and analysis subscribe to our free newsletter].
Amid all of the talks and discussions on alternative energy by the Presidential candidates, one solar company has announced its plans for an IPO. Founded in 2006, SolarCity provides energy to both homeowners as well as businesses as it finances and installs photovoltaic for its customers. The firm also performs energy audits and builds charging stations for electric cars [for more solar energy news and analysis subscribe to our free newsletter].
Solar investing has been a highly contended subject for many years now. Some feel that it is a strong allocation for a long-term portfolio as the growth in the alternative energy world offers some enticing opportunities. Others need only point to the historically abysmal returns of the majority of these securities to justify their reasoning for avoidance. For those who do feel that solar is a good long term play, or are at least interested in researching further into this energy source, we outline the five biggest solar companies by market cap [for more solar news and analysis subscribe to our free newsletter].
For the next two months, all anyone will be talking about is who will win the November election and how that will impact our nation. From our economic standing to our energy policy, each presidential candidate offers a different plan for how they plan to move forward. One investing segment that is of particular interest is that of alternative energy as the Republican and Democratic parties have very opposing views and policies for green energy. The biggest question that alternative energy investors are asking is whether or not a Mitt Romney presidency will mean troubled times for this green sector [for more alternative energy news and analysis subscribe to our free newsletter].