$FSLR – When in doubt buy…

Said it before but bears repeating: when in doubt buy renewable energy…

Simple as that.

Solar stocks will fluctuate with the market and with fossil fuel stocks but one day on some market swing (maybe this one) they will leave the fossil fuels companies withering in the sun, so to speak.

Recently oversold, here are a selection of solar stocks today:

(click on image for a larger view)

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#Solar Stocks shine again

Every month or so I’ve written about renewable energy, particularly solar stocks.  Since is been a month since I’ve written about anything here, I thought I’d start up again with this old favorite.

The bottom line in stock selection is “when in doubt buy renewable energy.”

As I’ve said before (back in August, see blog post below):

Always a good sector to buy with any market rally, solar may be the best chance to rack up a 50% gain in the next couple of months.  Longer-term, no matter how volatile, it is a growth sector and preferable in the future to investing in fossil fuel stocks of any kind, particularly better than coal.

As it turned out I may have underestimated the sector.

Witness this past month in solar stocks (right click to view a larger  image):

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$TAN – Solar ETF on the move up

$TAN – The solar energy ETF has begun again to move with CNN Money’s Fear and Greed Index.

Always a good sector to buy with any market rally, solar may be the best change to rack up a 50% gain in the next couple of months.  Longer-term, no matter now volatile, it is a growth sector and preferable in the future to investing in fossil fuel stock of any kind, particularly better than coal.

There will likely be a couple of more dips (which is worth noting) before this rise gets really going but historically it will, like the sun itself, rise again.

(Clink on chart for a larger image)

TWEET_TAN_2015-07-10_1138