The stock market has been on a roller coaster ride lately… down hundreds of points one day, up hundreds the next.
But in this article from Reuters, Jeffrey Sohl, the director of the Center for Venture Research at the University of New Hampshire and a professor of entrepreneurship at the university’s Whittemore School of Business and Economics, says some alternative fuels might do well despite all the turmoil:
Q: Which sectors appear to be hot right now?
A: We’re picking up on industrial energy — that’s been kind of going up over the last several years, a nice sweet spot for them. Some new green technologies, new ways and new processes to deal with biodiesel. It could be new ways to keep coal emissions down. And some applications where you see solar and stuff like that – new ways to make those applications a little more cost effective.
Might not be time to drop your entire nest egg into those alternative fuel stocks, but it is good to know they seem to be doing all right.