An Alternative Energy ETF

By | July 26, 2007

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.

One thought on “An Alternative Energy ETF

  1. Aaron D.

    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.

    Reply

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