When are alternative energy stocks going to rise?
| April 2nd, 2010 - 9:22 pmObama seems to be the ultimate alternative energy supporter, so I suppose that alternative energy stocks will rise under his presidency.
The oil price is down a lot right now, and that doesn’t support investments in alternative energy; I also heard that oil companies will fight to death to stop alternative energy companies from taking off. When is going to be the best time to invest in solar, wind and hydrogen?
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5 Responses to “When are alternative energy stocks going to rise?”
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With the entire world in a recession, gas is going to stay cheap for quite a few years. Those alternative energies will be put on the back burner until the economy gets turned back around… so the stocks will probably be stagnant for quite a while.
Obama can’t do everything he promised, there just isn’t enough money to do it.
When people in the usa demand alternatives to oil.
Now is a good time to consider FSYS and STP, check them out.
either
a) When this economy turns around (LOL as if that is possible in the next few years)
b) When the dollar collapses, which will increase the price of commodities.
So I guess it to be a b) and I guess sometime in 2009.
ROBERT: I looked at both of your stocks and both of them are going down, meaning the path of least resistance is down and I will respectfully say that any smart technical trader would not buy this stock on the long term for there is no sign of a bottom and of course the technical analysis of the Dow is that of going lower. Smart investors do not fish for bottoms. They wait for signs of a bottom and wait for the 50 day and 200 day moving average to flatten out and move to the path of least resistance which would be that of higher.
peace
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When those methods of generating energy are no longer “alternative”, but are normal & usual…
It depends on whether you have faith in them. Either alternative energy technology improves vastly or conventional energy costs must double or triple in order for most alternative energy to make economic sense.Solar energy is very expensive. Wind power could make money.
I think hydrogen will never get anywhere. It is not a power source but is a way to store power. I think there are better ways to store power, like the new high tech batteries.
Generating electricity from tidal power has potential.
As far as an investment, I certainly would not put money in them.