PowerShares WilderHill Prog. Ptf. (ETF) (AMEX:PUW)
Exchange trade fund
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We are going to need energy, the planet is going to use less. That, and the easy oil is gone.
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I have been watching several Alt Energy ETFs. PUW is a bridge fund between current fuel and the new stuff. It invests in smaller companies and has been performing consistently better than PBD, PWND, and PBW.
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The PowerShares WilderHill Progressive Energy Portfolio (Fund) is based on the WilderHill Progressive Energy Index. The Index is comprised U.S.-listed companies that are significantly involved in transitional energy bridge technologies, with an emphasis on improving the use of fossil fuels. The modified equal-weighted portfolio is rebalanced and reconstituted quarterly.
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I would really like to be so optimistic about green stocks. However, the price of being green is still too high. Sure I'd love to have solar panels on my house, I've wanted them for years, but the initial cost is quite burdensome. And the current money pinch in our pockets will make us a lot less likely to go green. Of course truly being green is to not consume in excess.
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This stock invests in bridge technologies. Unlike stocks like PWI which invest in alternative energy, PUW invests in processes that can make current energy more efficient and useful.
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it is time for the green stocks to make a killing now!!!
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ETF investing in technology companies focusing on improving fossil fuel consumption and "bridge" technologies to get us from reliance on oil to alternative fuels.
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Get a little bit of this (efficient energy); a little bit of (PBW - Clean Energy) and a little bit of DIG (good old fashioned Oil & Gas) into your portfolio.
Long term we need more energy (as a planet) wherever it comes from.
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This ETF includes companies which should perform strongly as we transition from a world that runs on petroleum to a world that runs on alternative energy sources. The particular emphasis is on companies that extend or improve fossil fuels, although it includes other "bridge" technologies as well. USEC (USU), which supplies uranium to nuclear power plants, is one of the top holdings. The market cap and style leans towards small cap growth. On the whole, I prefer this ETF to Powershares PBW because I think the holdings here are stronger than PBW's holdings. I would recommend a long-term buy and hold on PUW.
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Alternative energy etf.
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companies which promote efficient use of oil
should rise with oil
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