If you are reading this, you are interested in the benefits of alternative energy. But there is one benefit that you may have overlooked...profit! Why not invest in the companies whose energy innovations we use? The PickShares betaONE portfolio now includes an alternative energy component in its energy sector holdings.
Uncertainty dominated the last few months of the year as markets traded in a range amid speculation about interest rates and healthcare reform. In 2010 I have begun to look into an area with great potential for growth; alternative energy. This is a difficult sector but there is plenty of upside to be found if you know where to look. Recently this capital intensive sector has been a victim of the credit crunch. 
As credit becomes available again investment in alternative energy will return, its comeback being fueled in part by rising oil prices and government funding. Geothermal and biomass are marginal, the biggest contributions will come from solar, wind and hydroelectric energy which will be the focus of my investment research.
To enter the alternative energy arena, I have chosen the PowerShares WilderHill Clean Energy Portfolio (PBW) as my vehicle. This fund offers great diversification including 25% international stocks amid a mix of market caps.
Visit www.pickshares.com to learn more about the alternative energy ETFs and other funds that are heating up in 2010. - Scott Frye, Guest Blogger for Green Energy TV
Powered by Compendium Blogware
Comments for Green Stock Picks for 2010