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What Are the Best Alternative Energy Stocks?

1.Ocean Power Technologies, Inc.
Ocean Power Technologies, Inc., which has a ticker symbol of OPTT, is one of the top five alternative energy stocks for many reasons. This company specializes in wave power systems, and supplies the converted power to grids. Many investors consider this one of the alternative energy stocks to watch, because although it is low cap, it may be a big player in the future of wave power.

2. Suntech Power Holdings
Suntech Power Holdings, symbol STP, is one of the alternative energy stocks based in China, and this solar company is one of the biggest producers of solar energy in the world. This is not one of the alternative energy penny stocks; this company has a history and financial background that makes it a leader in this sector. Although it has recently dipped due to management restructure, it is still a solid company.

3.First Solar
First Solar, symbol FSLR, is one of the alternative energy stocks to watch. This company has been around a little while, and it is a contender in the solar power sector. The stock has suffered a few setbacks, just like others in this industry, but it is still going strong.

4.AeroVironment Inc.
AeroVironment Inc. trades with the ticker AVAV, and is a fairly new company that is doing pretty well for itself. It survived the current recession with little fluctuation, in comparison to others in its industry. This is a great company as it has a diversified portfolio and does not concentrate all of its efforts on alternative power alone.

5.Ormat Technologies
Ormat Technologies is a big player in the geothermal sector. This is not one of the alternative energy penny stocks since this company is well established. The ticker for this top stock is ORA, and it is one of the leaders in the geothermal energy arena.

The information supplied in this article is not to be considered as medical advice and is for educational purposes only.