Canaccord Adams provides a few of its best green stock ideas to celebrate Earth Day. Great investments in companies that are leading the green energy revolution. Hat tip to Street Insider for the Canaccord comments.
Their water scarcity pick is Nalco (NLC) and they maintain their Buy rating. “NLC capitalizes on climate change and water scarcity. We find Nalco fundamentally undervalued given powerful long-term secular global growth drivers including climate change and water scarcity. With … Read the rest
Trex (TWP), which makes the Trex brand of decking, fencing and railing using recycled materials announced mixed earnings results this morning and guided estimates lower for next quarter. The company reported an EPS of .44/share vs the estimate of .38/share, but revenues came in a bit on the light side missing consensus estimates by a few million at 85.4 million. The company expects 4th quarter revenue around 30 million which would represent zero growth over … Read the rest
Green Alternative Energy Stocks – Solar, Wind, LED Lighting,Smart Grid, Electric/Hybrid Cars, Wave Energy, Green Building, Biofuels & Geothermal