BOSTON (TheStreet) -- Investors would have been better off owning almost any other industry besides alternative energy in the past year. High-tech solar, wind and turbine companies couldn't even beat dirty, old Big Oil.But long-term investors have a chance to buy alternative-energy shares at attractive prices, says Les Satlow, portfolio manager at Cabot Money Management. "Green" companies such as First Solar ( FSLR) and Aixtron ( AIXG) afford advantages on their rivals, Satlow says. Around the world, government subsidies and mandates have propped up alternative-energy companies, including stimulus-funded grants in the U.S. Evolving regulations are a risk, though unprecedented government support makes many clean-technology companies very attractive, Satlow says.
|Les Satlow, portfolio manager at Cabot Money Management|