Tuesday, November 10, 2009

A Green Stock Ready To Make You Some Green

One "green" stock I really think is well positioned for the future is Broadwind Energy Inc (BWEN). Broadwind supplies products and services to North American wind energy companies. They manufacture many parts used in wind turbines including the towers. They also have a fleet of trucks to transport and install turbines. As solar continues to struggle a bit, we can expect larger investments in wind energy in the near future. Here in Washington State, there have been large investments in wind turbines and they can be seen throughout the central and southern parts of the state. BWEN is currently trading at $5.58 a share, with a 52-week high of $12.49. I expect this stock to really take off as new legislation forces the need for more clean energy. Now should be a fairly good entry point for long term investors, but there is a chance for it to fall if the economy struggles emerging from the recession.

3 comments:

  1. max's stock picks are 100% surethings! take it from someone who knows from experience!

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  2. Your quotation in the heading rules!!

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  3. I like my stocks and stalks GREEN! Eco-Consultants help to grow the green movement by teaching people how to save money in their homes, purchase more sustainable products, keep their families healthy and away from toxins. You can learn exactly how to become an ECo-Consultant with Eco Institution's online curriculum. http://www.ecoinstitution.com/special-offer.html

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