PowerShares WilderHill Clean Energy ETF, TerraForm Power, Guggenheim Solar ETF, Fidelity Select Envir and Alt Engy Port, and Shelton Green Alpha" name="Description" /> PowerShares WilderHill Clean Energy ETF, TerraForm Power, Guggenheim Solar ETF, Fidelity Select Envir and Alt Engy Port, and Shelton Green Alpha" /> PowerShares WilderHill Clean Energy ETF, TerraForm Power, Guggenheim Solar ETF, Fidelity Select Envir and Alt Engy Port, and Shelton Green Alpha" />

The Top 5 Alternative Energy stocks to own in April 2019

In this post we will go over 5 Alternative Energy isntruments to have in your portfolio in April 2019. I will cover PowerShares WilderHill Clean Energy ETF, TerraForm Power, Guggenheim Solar ETF, Fidelity Select Envir and Alt Engy Port, and Shelton Green Alpha
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Reviewed by Michael Smolkin

This list of potential positions covers Companies, funds and ETFs that are involved in development and popularizing of alternative energy. Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Invesco WilderHill Clean (PBW)

Invesco WilderHill Clean [PBW] is traded in USA and was established 2005-03-03. The fund is classified under Small Growth category within Invesco family. The entity is thematically classified as Theme ETFs. Invesco WilderHill Clean at this time have 915.39 M in assets. , while the total return for the last 3 years was -37.3%. At this time, the entity appears to be undervalued. Invesco WilderHill Clean retains a regular Real Value of $20.02 per share. The prevalent price of the entity is $19.31. Our model calculates the value of Invesco WilderHill Clean from evaluating the entity fundamentals such as Return On Equity of 2.04, price to book of 1.33 X, and Return On Asset of 0.0156 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage buying undervalued assets and disposing overvalued assets since, at some point, asset prices and their ongoing real values will come together.

TerraForm Power (TERP)

The company has return on total asset (ROA) of 0.81 % which means that it generated a profit of $0.81 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (9.24) %, meaning that it created substantial loss on money invested by shareholders. TerraForm Power's management efficiency ratios could be used to measure how well TerraForm Power manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 4.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TerraForm Power's market, we take the total number of its shares issued and multiply it by TerraForm Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Invesco Solar ETF (TAN)

Invesco Solar ETF [TAN] is traded in USA and was established 2008-04-15. The fund is classified under Miscellaneous Sector category within Invesco family. The entity is thematically classified as Theme ETFs. Invesco Solar ETF at this time have 2.56 B in assets. , while the total return for the last 3 years was -21.7%. At this time, the entity appears to be undervalued. Invesco Solar ETF retains a regular Real Value of $40.57 per share. The prevalent price of the entity is $39.95. Our model calculates the value of Invesco Solar ETF from evaluating the entity fundamentals such as Beta of 1.45, price to book of 0.57 X, and Price To Earning of 8.63 X as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage obtaining undervalued assets and abandoning overvalued assets since, at some point, asset prices and their ongoing real values will come together.

Environment And Alternative (FSLEX)

Environment And Alternative [FSLEX] is traded in USA and was established 23rd of April 2024. Environment is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Industrials category and is part of Fidelity Investments family. The entity is thematically classified as Alternative Energy. This fund currently has accumulated 510.71 M in assets under management (AUM) with no minimum investment requirementsEnvironment And Alte is currently producing year-to-date (YTD) return of 0.21% with the current yeild of 0.0%, while the total return for the last 3 years was 2.57%.

Shelton Green Alpha (NEXTX)

Shelton Green Alpha [NEXTX] is traded in USA and was established 23rd of April 2024. Shelton Green is listed under Shelton Capital Management category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Shelton Capital Management family. The entity is thematically classified as Alternative Energy. This fund now has accumulated 202.29 M in assets with minimum initial investment of 1 K. Shelton Green Alpha is currently producing year-to-date (YTD) return of 1.08% with the current yeild of 0.0%, while the total return for the last 3 years was -9.43%. At this time, the fund appears to be fairly valued. Shelton Green Alpha has a current Real Value of $30.61 per share. The regular price of the fund is $30.53. We determine the value of Shelton Green Alpha from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.

Current Alternative Energy Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
PBW
Not Available
Not Available
FSLR
Not Suitable
YLCO
Not Available
Not Available
CVA
Not Available
HIFR
Not Available

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Invesco WilderHill Clean (PBW)

Invesco WilderHill Clean [PBW] is traded in USA and was established 2005-03-03. The fund is classified under Small Growth category within Invesco family. The entity is thematically classified as Theme ETFs. Invesco WilderHill Clean at this time have 915.39 M in assets. , while the total return for the last 3 years was -37.3%. At this time, the entity appears to be undervalued. Invesco WilderHill Clean retains a regular Real Value of $20.02 per share. The prevalent price of the entity is $19.31. Our model calculates the value of Invesco WilderHill Clean from evaluating the entity fundamentals such as Return On Equity of 2.04, price to book of 1.33 X, and Return On Asset of 0.0156 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage buying undervalued assets and disposing overvalued assets since, at some point, asset prices and their ongoing real values will come together.

TerraForm Power (TERP)

The company has return on total asset (ROA) of 0.81 % which means that it generated a profit of $0.81 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (9.24) %, meaning that it created substantial loss on money invested by shareholders. TerraForm Power's management efficiency ratios could be used to measure how well TerraForm Power manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 4.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TerraForm Power's market, we take the total number of its shares issued and multiply it by TerraForm Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Invesco Solar ETF (TAN)

Invesco Solar ETF [TAN] is traded in USA and was established 2008-04-15. The fund is classified under Miscellaneous Sector category within Invesco family. The entity is thematically classified as Theme ETFs. Invesco Solar ETF at this time have 2.56 B in assets. , while the total return for the last 3 years was -21.7%. At this time, the entity appears to be undervalued. Invesco Solar ETF retains a regular Real Value of $40.57 per share. The prevalent price of the entity is $39.95. Our model calculates the value of Invesco Solar ETF from evaluating the entity fundamentals such as Beta of 1.45, price to book of 0.57 X, and Price To Earning of 8.63 X as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage obtaining undervalued assets and abandoning overvalued assets since, at some point, asset prices and their ongoing real values will come together.

Environment And Alternative (FSLEX)

Environment And Alternative [FSLEX] is traded in USA and was established 23rd of April 2024. Environment is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Industrials category and is part of Fidelity Investments family. The entity is thematically classified as Alternative Energy. This fund currently has accumulated 510.71 M in assets under management (AUM) with no minimum investment requirementsEnvironment And Alte is currently producing year-to-date (YTD) return of 0.21% with the current yeild of 0.0%, while the total return for the last 3 years was 2.57%.

Shelton Green Alpha (NEXTX)

Shelton Green Alpha [NEXTX] is traded in USA and was established 23rd of April 2024. Shelton Green is listed under Shelton Capital Management category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Shelton Capital Management family. The entity is thematically classified as Alternative Energy. This fund now has accumulated 202.29 M in assets with minimum initial investment of 1 K. Shelton Green Alpha is currently producing year-to-date (YTD) return of 1.08% with the current yeild of 0.0%, while the total return for the last 3 years was -9.43%. At this time, the fund appears to be fairly valued. Shelton Green Alpha has a current Real Value of $30.61 per share. The regular price of the fund is $30.53. We determine the value of Shelton Green Alpha from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.

Current Alternative Energy Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
PBW
Not Available
Not Available
FSLR
Not Suitable
YLCO
Not Available
Not Available
CVA
Not Available
HIFR
Not Available

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