Sunday, July 04, 2010
Top Ethanol Stocks
The Neolithic people used ethanol as a beverage 9,000 years ago, according to some researchers. Ethanol was first used as fuel in 1840 as lamp fuel. With the price of oil bouncing way above $70 a barrel, fuel alternatives such as ethanol are receiving closer examination. For a list of all the stocks related to ethanol in some way, with financial data such as PE ratios and yields, and can be sorted, added to, and changed, go to WallStreetNewsNetwork.com. Some examples are listed below.
Archer Daniels Midland (ADM) has a corn processing division which produces ethanol from corn. The stock has a forward P/E of 8.9 and a yield of 2.3%.
The Andersons (ANDE) is involved in the management of ethanol production facilities and grain and ethanol trading. The stock has a forward P/E of 10 and a yield of 1.0%.
DuPont (DD) developed a measurement and reporting system to increase ethanol production. The stock has a P/E of 12 and a yield of 4.5%.
A list of stocks related to ethanol in some way, in an Excel format, which can be added to and sorted, can be found at WallStreetNewsNetwork.com.
Author does not own any of the above.