Ten Clean Energy Stocks - October, 2016

The big gains for this vehicle tracking stock seem mostly due to the completion of the previously announced repurchase of stock.

I missed my regular monthly update of my Ten Clean Energy Stocks for 2016 model portfolio at the start of October due to vacation. This mini-update will just give the numbers through October 11th, without the regular discussion of company events. I'll follow up in early November covering highlights for the full two months.As you can see from the chart below, the portfolio and all sub-portfolios did very well by outperforming their benchmarks by 3% to 12% for the six week period.

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Individual stocks

Growth stocks led the way, especially MiX Telematics Limited (NASD:MIXT; JSE:MIX). 

(Click on image to enlarge)

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At the time of the last update, I said "the three growth stocks remain extremely cheap, especially REGI and MIXT. Readers who bought these two stocks at that time should have seen an average 16% return on the investment over the past 6 weeks, almost all of it attributable to MIXT, which was up 32%.The big gains for this vehicle tracking stock seem mostly due to the completion of the previously announced repurchase of stock.  

STOCKS IN THIS ARTICLE

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