Investors see bright future in wind energy ETF

Share This Article
May 3, 2009 8:38am NYSE:GEX

wind-farmBecause many wind energy companies are foreign-based there are always geopolitical and currency risks to weigh. Investors also will want to be wary of emerging companies with unproven ideas. At a minimum, you’ll want to be sure that the company is well capitalized and has a strong business model.

When investing in a fund, such as an exchange traded fund, Siegel of Green Chip Stocks recommends making sure it is balanced. Some funds are very sector specific, focusing on solar stocks, for example. If something were to happen to impact that industry such as a shortage of the electronic components that convert sunlight to electricity, your entire fund could crash. There are funds such as Market Vectors Global Alternative Energy ETF Trust (GEX), which includes wind, solar, geothermal and other business types.

As you look for investment opportunities, be aware that the global economic slump began hitting the renewable energy sector hard late last year and it’s continued into the first quarter.

Full Story:  http://www.thedailytimes.com/article/20090503/BIZ/305039978



9 "MUST OWN" Growth Stocks For 2021

Read Next



Free Investing Ideas Newsletter!

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

Most Popular



7 Best ETFs for the NEXT Bull Market

Explore More from ETFDailyNews.com

Free Investment Newsletter

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories