Alternate Energy Stocks - How Worthy Are They For Investment?
Chances are that as an investor, you are lured by the lucre that alternate energy stock options present.
Needless to mention, these are currently the favorite stocks for investors mainly for long term investment purposes.
However, according to business analyst Sanjay Shrestha of First Albany Capital, though there are several companies moving in the right market, investors need to be wary and ought to do their own research before investing.
First of all, you are aware that all companies dealing with alternate energy is at their start-up stage which makes it impossible for you to do any feasible research on them.
This makes the investment scenario slightly dicey as it was when people tried to invest in dot com companies in the turn of the 21st century.
This kind of bubbling in the stock market can throw any seasoned investor off gear.
However there is one segment of people who can provide useful guidelines if you are keen to invest in alternate energy stocks and they are professional analysts and financial planners.
Ben walker, a senior portfolio manager at the Gartmore Global Utilities fund in London confirms that his company does not put in money in stocks which are yet to generate cash - the 'hope' companies.
On the contrary his company would much rather go for companies which have an established track record of good sales and better profitability.
Be that as it may, the overall scenario in this market looks positive and hopeful.
In fact, chief executive of UK alternative electricity supplier Good Energy, Juliet Davenport is happy to see so much of money pouring in to the market of alternate energies.
This is surely a positive sign.
Of course for the market to flourish it needs continuous public support in terms of renewed investments.
This support can come from the lay investors as well as the government.
This can push the market further to reach its full potential and we can live in a better and greener world.
Needless to mention, these are currently the favorite stocks for investors mainly for long term investment purposes.
However, according to business analyst Sanjay Shrestha of First Albany Capital, though there are several companies moving in the right market, investors need to be wary and ought to do their own research before investing.
First of all, you are aware that all companies dealing with alternate energy is at their start-up stage which makes it impossible for you to do any feasible research on them.
This makes the investment scenario slightly dicey as it was when people tried to invest in dot com companies in the turn of the 21st century.
This kind of bubbling in the stock market can throw any seasoned investor off gear.
However there is one segment of people who can provide useful guidelines if you are keen to invest in alternate energy stocks and they are professional analysts and financial planners.
Ben walker, a senior portfolio manager at the Gartmore Global Utilities fund in London confirms that his company does not put in money in stocks which are yet to generate cash - the 'hope' companies.
On the contrary his company would much rather go for companies which have an established track record of good sales and better profitability.
Be that as it may, the overall scenario in this market looks positive and hopeful.
In fact, chief executive of UK alternative electricity supplier Good Energy, Juliet Davenport is happy to see so much of money pouring in to the market of alternate energies.
This is surely a positive sign.
Of course for the market to flourish it needs continuous public support in terms of renewed investments.
This support can come from the lay investors as well as the government.
This can push the market further to reach its full potential and we can live in a better and greener world.
Source...