3 Clean Energy Stocks Analysts Love
01/05/2012 10:00 am EST
Those who believe in the prospects for the clean energy sector are in good company, and these three stocks in particular have all received recent “buy” ratings from Deutsche Bank analysts.
If you’re interested in trading the clean energy sector, here are some ideas to get you started.
We ran a screen for MoneyShow.com readers on the clean energy industry for stocks that are currently rated as "buy" by Deutsche Bank, indicating that analysts are bullish on the companies’ prospects.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month.
The following list is sorted by market cap.
Dominion Resources, Inc. (D) engages in producing and transporting energy in the United States and has a market cap of $30.23 billion. On January 14, 2011, Deutsche Bank had a “Buy” rating on the stock, which has gained 29.46% over the last year.
Cree, Inc. (CREE) develops and manufactures light emitting diode (LED) products, silicon carbide and gallium nitride material products, and power and radio frequency products and has a market cap of $2.56 billion. On September 16, 2011, Deutsche Bank had a “Buy” rating on the stock, though it has performed poorly over the last month, losing 11.41%.
See related: 3 Big, Big Trends to Watch in 2012
MEMC Electronic Materials Inc. (WFR) engages in the development, manufacture, and sale of silicon wafers for the semiconductor industry worldwide and has market cap of $908.05 million. On September 16, 2011, Deutsche Bank had a “Buy” rating on the stock, which has lost 65.01% over the last year.
By the Staff at Kapitall.com