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Clean Power Gets a Lift.

Publication: Kiplinger's Personal Finance Magazine
Publication Date: 01-OCT-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Clean Power Gets a Lift.(Investing)

Article Excerpt
Byline: David Landis

Alternative- energy companies once seemed like lonely hitchhikers on a highway full of Hummers. No longer. With oil above $60 a barrel and Congress having enacted an energy bill laden with tax credits, investors are suddenly willing to give alternative-energy stocks a lift. They should be prepared for a bumpy ride ahead.

Although it's been three decades since Middle East producers first put the squeeze on U.S. oil supplies, the alternative-energy sector is still a jumble of small companies, most of which lose money. Only 15 of the 36 companies in the year-old WilderHill Clean Energy Index were profitable over the past 12 months. Alternative-energy stocks "are really speculative in nature," says T. Rowe Price analyst Wenhua Zhang, who doesn't recommend any of them. "They may be viable on...

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