This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Clean Edge Stock Indices Rebound Slightly

Stocks in this article: MBLXAMSCAONE

NEW YORK ( TheStreet) -- Clean Edge and Nasdaq's three benchmark clean-tech stock indices all rebounded slightly last week with the Nasdaq Clean Edge Green Energy Index (CELS) up 4.14%, the Nasdaq OMX Clean Edge Global Wind Energy Index (QWND) gaining 2.67%, and the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) 5.92% higher from the previous week.

The overall market saw similar movement last week -- the S&P 500 rose 2.23%, Nasdaq grew 3.58%, and AMEX Oil was 0.65% higher.

CELS -- up 4.14% for the week and 21.69% higher than a year ago -- tracks U.S.-listed clean-energy companies and is divided into four categories: advanced materials; energy intelligence; energy storage and conversion; and renewable electricity generation and renewable fuels. Of the 53 total component securities, 41 experienced gains, 11 lost ground, and one remained unchanged from the previous week's close.

CELS' best performer for the week was biomaterials maker Metabolix (MBLX), gaining 34.42%. Rounding out the top five CELS performers were power technology developer American Superconductor (AMSC), up 23.59%; energy storage product maker A123 Systems (AONE), higher by 19.00%; electronic materials provider Rubicon Technology (RBCN), rising 18.03%; and OLED developer Universal Display Corporation (PANL), up 17.32%.

CELS' worst performer last week was solar product manufacturer SunPower Corporation (SPWRA), declining 9.06%. Other worst performers included electric motor technology developer UQM Technologies (UQM), falling 3.57%; energy management service provIder Comverge (COMV), losing 2.71%; semiconductor maker Fairchild Semiconductor (FCS), down 2.19%; and solar wafer manufacturer ReneSola (SOL), losing 1.97%.

QWND -- up 2.67% last week but 14.09% lower in the last 12 months - includes companies that are primarily manufacturers, developers, distributors, installers, and users of energy derived from wind sources. Of QWND's 21 pure play components, 16 experienced gains, four saw losses, and one ended the week unchanged.

QWND's best pure play performer for the week was American Superconductor, up 23.59%. Other top pure play performers included carbon fiber composite manufacturer Zoltek Companies (ZOLT) , gaining 14.33%; gearbox and drive train maker Hansen Transmissions International (HSN) , rising 8.98%; wind turbine part supplier China High Speed Transmission Equipment Group (0658), growing 7.34%; and wind turbine manufacturer Vestas Wind Systems (VWS), up 7.29% for the week.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,461.32 -153.49 -0.92%
S&P 500 1,927.11 -14.17 -0.73%
NASDAQ 4,382.8470 -36.6310 -0.83%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs