Want to make some Green? Part 2
February 7th, 2008 by Daniel You may remember that I wrote an article last June (Want to make some Green?) about some “Green” investments I suggested looking into. Well, I thought it was about time to do some research to see how things have gone since I wrote the article. The dire conditions of the economy over this time period are well documented, but I found there were some bright spots. I found that, despite little movement or losses in many of the categories, the solar energy industry did exceptional over this time. With many of the stocks doubling or even tripling over the past eight months (or even more if you sold at the right time), this was by far the best area to invest in that I covered in the article. I have to admit that I am surprised by the poor showing of the Ethanol and Fuel Cell categories of stocks. Although, their poor performances may have more to do with the overall state of the nation’s economy as well as that of the American car companies than it does with those specific industries. I believe that, even though some of these companies have not performed that well over the past few months, as time continues the potential to make money off these stocks will rise. I suspect that many more small alternative energy companies will spring up and most will be weeded out due to so much competition, but some will grow and grow to become large energy companies of the future. The demand for the products is here, now we just need one of these companies to come up with the right technology to produce something everyone is waiting for.
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Want to make some Green? Part 1
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