GE to Double Spending on Environmental Program (PWR, AETI, WGOV, APWR, TRN, AMSC)

Tickerspy’s Wind Energy Index

WIND ENERGY INVESTING IDEAS

• Popular long ideas: TRN, AMSC, PWR
• Popular short ideas: TRN, AMSC, PWR
• Top dividend plays: OTTR, KDN, TRN
• Pro favorites: PWR, MTZ, TTEK

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WIND ENERGY COVERAGE

Companies focused on wind energy generation and technology

• Wind Energy Stocks in Focus After Spanish Deal (OC, TRN, TTEK, WWD, OTTR, ZOLT)
• Warren Buffett: The Stealth King Of Wind Power (BRK.A, XOM, COP, APWR, AMSC, MTZ, TRN, BRK.B)
• Wind Firm Swept Lower After Disappointing Earnings (APWR, TRN, WGOV, TTEK, KDN, GE)

WIND ENERGY CHART

WIND ENERGY METRICS

Avg. Market Cap:	$1.8B
Avg. P/E Ratio:	18.6
Avg. Div Yield:	0.7%

Wind stocks are up across the board today as the energy sector carries benchmarks higher, and The Wall Street Journal reports that General Electric (GE) has plans to double-down on its Ecomagination program over the next five years. The conglomerate will put emphasis on wind energy and wastewater segments with $10 billion in capital to work with. Program vice president Steve Fludder said GE sees a “huge opportunity” for offshore development in Europe, and noted that “It’s odd that it’s not a big market in the U.S. yet.” It will be interesting to see what developments GE can come up with moving forward.

As a whole, the Wind Energy Stocks Index is up 0.9% on the day. It still lags the S&P 500 by more than -3% over the past month as Broadwind (BWEN), American Superconductor Corp (AMSC), and A-Power Energy Generation Systems (APWR), among select other components have weighed on the sector for the period.

Today, Houston, Texas-based Quanta Services (PWR) and its neighbor American Electric Technologies (AETI) are among the Wind Energy Stocks Index’s top performers. Meanwhile, Woodward Governor Co (WGOV) is adding 3% to a 20% one-month rally.

Across all of tickerspy’s Indexes, the Wind Energy Stocks Index is ranked 237 in performance over the last month. To see a performance graph, Index components, and dividend and valuation metrics, visit the Wind Energy Stocks Index at tickerspy.com.

Tags: AETI, AMSC, APWR, PWR, TRN, WGOV