NEX / PBD weekly update
The NEX renewable energy index had another good week, last week. This index is the basis for 20 Stock Portfolio component, PowerShares Global Clean Energy Portfolio (PBD: 15.01 +0.04 +0.27%). The NEX index gained 5.1% for the week. Listed below are the top gainers and losers for the week from the 80+ portfolio. One of the reason I really like PBD is than no stock is more than 2.5% of the portfolio is in any one stock and the portfolio is balanced to seven different sectors in the renewable energy world.
NEX top gainers since 29/01/08
Sanyo Electric +27.0%
Roth & Rau +24.6%
American Superconductor AMSC + 22.7%
Saft Groupe SAFT + 19.9%
Baldor Electric BEZ + 15.3%
NEX top losers since 29/01/08
Zoltek Cos ZOLT -10.0%
Ultralife Batteries ULBI -9.4%
Aventine Renewable Energy Holdings AVR - 8.1%
Verbio VBK -8.0%
Capstone Turbine CPST -6.1%
Source: New Energy Finance
Note: I currently do not have a position in PBD.
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Susan Kishner