-$1.25 (-1.76%)
06:08PM (15 mins delay)
Oct 04, 2009 - 3:01 AM EDT
Tom Konrad (AltEnergyStocks) submits: For the first 9 months of 2009, my ten green energy stocks for 2009 are up 23.4% vs. the S&P 500, and up 20.4% over my clean energy benchmark, the iShares S&P Global Clean Energy Index (ICLN). For the third quarter, that amounts to a loss of 1% relative to the S&P 500, and a gain of 7% relative to ICLN.
In my second quarter update, I attributed the out-performance of both clean energy in general, and my picks to the Obama Effect. That is, green energy outperformed the market strongly in the first half of the year because of the strong political and financial support it received from the new administration and Congress.
Source: Seeking Alpha (Oct 04, 2009 - 3:01 AM EDT)
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