Burning Energy

renewable energy, company's to invest in?

Public Comments

1. www.carmanah.com
2. With individual stock investing, green or renewable stocks do not have their own industry group, but are sprinkled in amongst non-green or non-sustainable oriented companies. So you have to go another route in first identifying which companies are green investments and then secondly, determining if they are a "good buy" substantiated by good fundamentals and technicals (a positively trending price). I found an awesome website called Sustainable Business that has a "Green Stock Watch" list by category. And even more interestingly, a list of what they call the World's Top Sustainable Business Stocks or the SB20 for the last three years. They also clearly state that the stocks are chosen based on innovations and financials, but that they may not be in a buying position today. I'm so glad they said that. Which brings me to my second point, because even if the financials are sound you should always check the company stock's price chart. I would not advise purchasing a stock that is trending downward. Generally, look for a stock that's price is trending upward, wait for it to pullback and then look for a renewed upward movement with some higher volume. The good news is that as our culture absorbs socially responsible practices, that generates increased company earnings which in turn, creates healthy stock prices and attractive stock picks. Pretty great stuff.