Alternative Energy Stocks No. 1 On Industry Chart

By | July 29, 2014

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Wind, fuel cell and other alternative energy stocks have outperformed this year despite mostly weak earnings results. The Energy-Alternative/Other industry group was ranked No. 1 out of 197 as of Tuesday’s IBD. It’s been among the leading industries for much of this year, rising 39% vs. the S&P 500’s 7% gain. Green Plains Renewable Energy (GPRE), a Nebraska-based producer of ethanol, is 20% past a 32.70 buy point. It was down in post-session Scalper1 News

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