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Friday, April 25, 2008

Top Green Week Stocks

The 'green' category encompasses a lot of industries, including solar energy stocks, it can include fuel cell stocks, there is wind power, there are ethanol stocks, and even geothermal companies. Since it is Green Week, here are some of the top alternative energy stocks in various industries.

First Solar, Inc. (FSLR) is the leader in thin film semiconductor technology. This Phoenix, Arizona makes and markets a thin layer of cadmium telluride semiconductor material. The stock has a PE of 1.42 and a PEG of 2.42.

A fuel cell is an electrochemical energy conversion device which produces electricity from external supplies of fuel and an oxidant. They can operate continuously, as long as the flow continues between the fuel and the oxidant. One of the major players in hydrogen fuel cells is Air Products and Chemicals (APD) They market various types of gasses worldwide.

Air Products developed and continues to operate a hydrogen production facility, a fuel cell power plant and a fueling station which dispenses hydrogen and hydrogen blended fuels to a fleet of light duty vehicles in Las Vegas. They also supply Honda Motor Company with high pressure gas and two hydrogen fuelers for their Fuel Cell Vehicle Program with the city of Los Angeles. The stock has a P/E of 19, a PEG of 1.37, and is one of the few fuel cell related stocks that pays a dividend, generating a yield of 1.8%.

Wind power generation went up over 300% between 2000 and 2006. Zoltek Companies Inc. (ZOLT) is a St. Louis based company which is a supplier of carbon fiber for windmill blades. Their customers have included DeWind and Vestas, the world's largest manufacturer of wind turbines. The stock has a PE of 140 and a PEG of 0.66.

Ethanol has been used in the United States as fuel since 1840 as lamp fuel. The Andersons (ANDE) is involved in the management of ethanol production facilities and grain and ethanol trading. The stock has a P/E of 12, a PEG of 1.28, and a yield of 0.7%. If you want an Excel list of all the stocks related to ethanol in some way, with financial data such as PE ratios and yields, which can be sorted and changed, go to WallStreetNewsNetwork.com.

Geothermal generation utilizes natural underground heat sources that powers a turbine which turns a generator. Ormat Technologies Inc. (ORA) is a Nevada based company, which trades on the New York Stock Exchange, was founded in 1965. It owns and operates geothermal power plants, selling electricity in the United States, Guatemala, Kenya, Nicaragua, and the Philippines. They also provide products and services to other geothermal power generators. The P/E is 69, the PEG is 1.94, and the yield is 0.4%.

Author does not own any of the above.

By Fred Fuld for Stockerblog.com.

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