Ten Clean Energy Stocks For 2016: July - August Earnings Season

My Ten Clean Energy Stocks for 2016 model portfolio had yet another strong month, as did my real managed portfolio, the Green Global Equity Income Portfolio (GGEIP). 

The shorter-format of last month's update turned out to be popular, so I'm doing it again.
 

  July Total Return July Benchmark Return YTD Total Return YTD Benchmark Return
10 Clean Energy Stocks 8.5% 5.5% 15.3% 3.2%
7 Clean Energy Income Stocks 7.4% 6.5% 20.0% 12.5%
3 Clean Energy Growth Stocks 11.1% 3.4% 4.2% -16.4%
GGEIP 6.8% 6.5% 19.7% 12.5%

See the previous update for a description of the benchmarks.

The strong performance of the portfolio continues to be driven by the flight to quality and lower interest rate expectations caused by the Brexit vote, as well as positive news for a couple holdings.

I've made some progress finding a socially responsible asset management company to help me turn GGEIP into a mutual fund. GGEIP's outstanding performance last year and so far this year likely have a lot to do with that. There are actually two versions of GGEIP, one which can use leverage and the other which can't. While I had never used leverage in GGEIP before the end of last year, long time readers will know that I became extremely bullish about the Yieldco space in late 2015 through February this year. Because of my bullishness, I added leverage by selling uncovered puts on many Yieldcos, and the move has paid off. For the year through the end of July, the leveraged version of GGEIP is up 32%, compared to 20% for the unleveraged version.

10 for 16 july.png

The chart above (larger version here) gives detailed performance for the individual stocks. Selected news driving individual stocks is discussed below.

Income Stocks

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Comments

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Rebecca Duncan 3 years ago Member's comment

Thanks Tom. If you could only invest in one of these stocks, which would you choose?

Tom Konrad 3 years ago Author's comment

It depends on my investment goals and risk tolerance. I think $REGI has the greatest potential for gains from the current price. $PEGI is probably best for a more risk adverse reader. But I don't buy that premise that I can only invest in one. You could use a brokerage like Motif and buy a basket of stocks for a single $9.95 commission. www.altenergystocks.com/.../...mall_investors.html

Corey Gaber 3 years ago Member's comment

I also like $REGI

Rebecca Duncan 3 years ago Member's comment

Thanks so much for the response, Tom!

Patrick Avery 3 years ago Member's comment

Some real solid picks here. Thanks.