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: Mixed Performance

NEW YORK (Clean Edge) -- Clean Edge and Nasdaq's three benchmark clean-tech stock indices experienced mixed movement last week, as the Nasdaq Clean Edge Green Energy Index (CELS) was down 3.96%, the Nasdaq OMX Clean Edge Global Wind Energy Index (QWND) slightly higher by 0.35%, and the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) up 0.64% from the previous week.

The overall market moved marginally lower for the week -- the S&P 500 lost 0.76% and Nasdaq was down 2.39% -- while AMEX Oil was 0.40% lower from the previous week.

CELS -- down 3.96% for the week and 9.53% 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 51 total component securities, 12 experienced gains, 38 lost ground, and one remained unchanged.

CELS' best performer for the week was lithium-ion battery system developer Ener1 (HEV), gaining 14.67%. Rounding out the top five CELS performers were Chinese solar manufacturer Trina Solar (TSL), up 8.70%; Chinese solar product manufacturer LDK Solar (LDK), higher by 8.68%; solar manufacturing equipment provider GT SOlar International (SOLR), up 8.65%; and Chinese solar technology developer Yingli Green Energy (YGE), 7.80% higher for the week.

CELS' worst performer last week was LED lighting manufacturer Cree (CREE), declining 19.62%. Other worst performers included wind energy product and service provider Broadwind Energy (BWEN) , losing 13.33%; energy storage technology developer A123 Systems (AONE), down 12.67%; biomaterial developer Metabolix (MBLX), retreating 12.65%; and organic LED technology developer Universal Display (PANL), 12.34% lower for the week.

QWND -- 0.35% higher last week and 30.31% 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 18 pure play components, seven saw gains, 10 experienced losses, and one ended the week unchanged.

QWND's best pure play performer for the week was wind turbine manufacturer Vestas Wind Systems (VWS), up 3.98%. Other top pure play performers included wind turbine maker Nordex (NDX1) , gaining 2.68%; renewable energy project developer Iberdrola Renovables (IBR), rising 2.27%; renewable energy developer EDF Energies Nouvelles (EEN) (EEN), up 2.04%; and renewable energy project developer EDP Renovaveis (EDPR), higher by 1.81% for the week.

QWND's worst pure play performers were carbon fiber material developer Zoltek Companies (ZOLT), losing 8.77%; wind turbine equipment manufacturer China High Speed Transmission Equipment Group (0658), down 7.46%; wind energy project developer China Windpower Group (0182), losing 6.33%; wind energy project owner Japan Wind Development Co. (2766), declining 6.24%; and project developer China Longyuan Power Group (0916), falling 5.33% 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!
DOW 17,101.59 -5.11 -0.03%
S&P 500 1,998.74 -1.28 -0.06%
NASDAQ 4,569.3210 -1.3160 -0.03%

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