Solar Energy ETFs Shining Bright So Far in 2011
Jarred Cummans submits:2010 brought terror to the energy sector, as the year started off with the Deepwater Horizon spill, sending energy equities across the board into a free-fall. Despite this tragedy, some analysts felt that the vast amounts of oil that had spewed into the Gulf of Mexico would finally force the U.S. government to make a push for cleaner energy. Investors in clean energy had similar hopes, but all to no avail; clean energy finished out the year as one of the worst sectors by far. But with our demand for fossil fuels constantly growing, and our supply steadily shrinking, there may come a day when we have no choice but to adopt numerous alternative energy sources. As the economic situation has improved around the world, investors have started to bid up the price of oil once again, putting renewed focus on alternative forms of energy. This has pushed many ETFs in the sector sharply higher so far in 2011 but it has been especially kind to one form of alternative power: solar. Complete Story »
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