With the aim of helping investors see the value of sustainable stock, The Green Market has been charting the performance of stock in 3 renewable energy sectors and 2 energy efficiency sectors. The 3 renewable energy sectors are Solar, Wind and Geothermal, and the 2 energy efficiency sectors are (smart) grid and lighting. In January of last year, The Green Market posted 5 sustainable portfolios. One year later those stocks were reviewed, here is a summary of their performance. Firms like Canadian Solar soared last year and The Green Market's solar stock portfolio outperformed the markets strong growth for much of 2009. However, Canadian Solar is not the only sustainable stock that is surged in 2009. Here are a few of the top performing sustainable stocks for 2009:
- EnerNOC gained 286 percent
- Cree Inc., gained 250 percent
- Western Wind Energy grew 246 percent
The Green Market's 5 sustainable stock portfolios turned in the following performances last year:
- Wind stock portfolio gained 110 percent in 2009
- Energy efficient lighting portfolio gained 99.53 percent in 2009
- Solar stock portfolio gained 64 percent in 2009.
- (Smart) grid stock portfolio gained 61 percent in 2009
- Geothermal stock portfolio was up 61 percent in 2009.
As an average across all 5 portfolios The Green Market's sustainable stock gained almost 80 percent in 2009.
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