Stocks Powered by the Wind

John Davis

Stock in wind-power generating companies could have portfolios breezing right along.

This post on the Seeking Alpha web site, a stock market opinion and analysis blog, points out that wind power generation rose 300% between 2000 and 2006. And it highlights 12 stocks you might want to consider if you want to add some of that rising sector to your holdings, including:

Alstom (AOMFF.PK), based in Spain; Americas Wind Energy Corporation (AWNE.OB), which manufactures, and markets wind turbines for the North American market; Composite Technology (CPTC.OB), which makes and markets wind generation turbines under the brand name ‘DeWind;’ Gamesa Corp. (GCTAF.PK) of Spain, which has an 18% share of the global wind turbine market; Energias de Portugal (EDPFY.PK), of Portugal, one of Europe’s largest electricity providers; Iberdrola Sa Sponsored ADR (IBDRY.PK), the world’s largest provider of wind power; Kore Holdings (KORH.PK), is a power provider, and a marketer of alternative energy; McKenzie Bay International Ltd. [MKBY.PK], which develops wind powered alternative energy systems; Mass Megawatts Wind Power Inc. (MMGW.OB), which develops prototype wind energy production equipment. Nordex (NRDXF.PK), a wind turbine company that is based in Germany; Tower Tech Holdings Inc. (TWRT.OB), which is involved in the engineering, manufacture, and sale of wind turbine extension towers to the wind energy industry; Vestas Wind Systems (VWSYF.PK), a Denmark-based company that is the world’s largest manufacturer of wind turbines; Western Wind Energy (WNDEF.PK), produces clean renewable electrical energy from over 500 wind turbine generators located in Tehachapi, and the San Gorgonio Pass, near Palm Springs, California.

Companies such as General Electric that have wind operations but are not primarily dedicated to that were not considered.