With all this environmentalism in the air, many investors are going after alternative energy stocks. Wind power saw a lot of action over the last year, with wind farms popping up all over the country. Solar has not seen the same sort of investment but maybe that will start soon.
One company to watch is Solar City (NASDAQ: SCTY). They are branding themselves as America's #1 full service provider and have been a pioneer for affordable clean energy. They run on a lease system with free panel installation as well as insurance and monitoring. The company claims that they can bring your cost of energy below the cost of utility companies.
As an investment they certainly have great leadership, their chairman in Elon Musk, you might recognize his name from Tesla or perhaps SpaceX. The company is still working on becoming profitable but has seen a lot of growth this year. Their stock is up 110% for the year. Definitely a stock to watch.
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