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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Clean Edge Stock Indices: Mild Week of Movement

Clean Edge and Nasdaq's three benchmark clean-tech stock indices experienced mild movement last week with the Nasdaq Clean Edge Green Energy Index (CELS) up 1.39%, the Nasdaq OMX Clean Edge Global Wind Energy Index (QWND) growing 1.95, and the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) essentially unchanged at 0.02% lower from the previous week.

The overall market was also slightly positive -- the S&P 500 gained 1.82%, Nasdaq grew 1.50%, and AMEX Oil was 4.27% higher from the previous week.

CELS -- up 1.39% for the week and 1.80% 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, 29 experienced gains, 23 experienced losses, and one ended the week unchanged.

CELS' best performer for the week was PV manufacturing equipment provider GT Solar (SOLR), gaining 10.88%. Rounding out the top five CELS performers were vertically integrated PV product maker Solarfun Power Holdings (SOLF), up 12.68%; solar wafer and module manufacturer LDK Solar (LDK), higher by 12.56%; solar cell and module product maker Canadian Solar (CSIQ), rising 10.41%; and PV module encapsulant maker STR Holdings (STRI), up 10.40%. CELS' worst performer last week was electric motor maker UQM Technologies (UQM), declining 11.88%. Other worst performers included solar and LED manufacturing equipment provider Veeco Instruments (VECO), losing 7.83%; utility-scale renewable energy project integrator Satcon Technology (SATC), down 6.72%; demand energy management company Comverge (COMV), retreating 6.55%; and solar manufacturing equipment provider Aixtron (AIXG), 6.47% higher.

QWND -- up 1.95% last week but 28.57% 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, seven experienced gains and 14 lost ground.

QWND's best pure play performer for the week was Denmark-based renewable energy developer Greentech Energy Systems (GES), up 10.88%. Other top pure play performers included wind turbine manufacturer Vestas Wind Systems , gaining 7.30%; wind farm developer China Longyuan Power Group (0916), rising 2.70%; Australian wind farm developer Infigen Energy (IFN), growing 2.56%; and wind turbine gearbox supplier Hansen Transmission International , 1.91% higher.

QWND's worst pure play performers were wind power project developer and operator Japan Wind Development Co. (2766), losing 12.14%; carbon fiber material composite developer Gurit Holding (GUR), down 5.66%; wind energy product and service provider Broadwind Energy (BWEN), losing 4.36%; Greece-based renewable energy project developer (TENERGY), declining 4.23%; and renewable energy project developer Gamesa Corporacion Tecnologica (GAM), falling 3.43% from the previous 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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

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