Shares of American Superconductor and Power-One on the Downswing as Domestic Support Dwindles
The Paragon Report Provides Equity Research on American Superconductor & Power-One
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/22/12 -- Alternative Energy stocks have struggled in recent weeks as domestic support for clean energy begins to deteriorate. The PowerShares Wilderhill Clean Energy Portfolio, which tracks a global index of clean energy companies, has plummeted more than 6.5 percent over the last month. The Paragon Report examines the outlook for companies in the Alternative Energy Sector and provides equity research on American Superconductor Corporation (NASDAQ: AMSC) and Power-One Inc. (NASDAQ: PWER). Access to the full company reports can be found at:
According to a recent poll conducted by the Pew Research Center for the People & the Press, while a majority of respondents supported alternative fuels, sentiment for solar, wind and hydrogen power was not as popular as it had been in March 2011, when 63 percent indicated that was their favorite choice, while 29 percent chose coal, oil and gas exploration. The most recent poll finds that 52 percent of those responding indicated support for alternative fuel was more important than increasing oil, coal and natural gas production.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Alternative Energy Sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Overall, the poll found Americans say diversified energy policies are important, with 78 percent supporting better fuel efficiency standards, and more than 60 percent supporting more funding for alternative energy research, allowing more drilling in U.S. waters and spending more on mass transit.
President Obama hit the road earlier this week in hopes of reinvigorating his argument that the United States must embrace a broad strategy to reduce the nation's dependence on foreign oil.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 22.03.2012 - 12:20 Uhr
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