From Mad Money:
Jim, is there an ETF that tracks alternative energy stocks? — Gus from Long Island, N.Y.
James J. Cramer: One popular ETF that tracks alternative energy plays is the Powershares Wilderhill Clean Energy Portfolio (PBW:Amex) . It holds 36 stocks in the alternative energy business, including Capstone Turbine (CPST:Nasdaq) , Plug Power (PLUG:Nasdaq) and UltraLife Batteries (ULBI:Nasdaq) , and the diversity may help protect investors from some of the wild swings you see in these types of stocks.
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Thanks for pointing this out. I love ETF’s. A few days ago was trying to find alternative energy stocks, couldn’t find any that were legit. I think another run up in oil means this ETF will go higher.