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):