VWDRY

Selling VanEck Vectors Low Carbon Energy ETF out of my Jubak Picks Portfolio on June 3

I don’t think 2021 is going to be an especially good year for Tesla and it will be tough across the auto industry. That means, if I’m right, that this ETF’s heavy exposure to Tesla (and to Nio) is going to be a drag on what I see as a likely recovery in the wind power stocks Iberdrola, Orsted, and Vestas Wind Systems that all are top 10 portfolio holdings in the ETF. I’d rather play any wind power rally through these stocks–I own Orsted (DNNGY) and Vestas (VWDRY) in my Jubak Picks Portfolio–than though this ETF with its drag from Tesla in 2021. I will sell the VanEck Vectors Low Carbon Energy ETF out of my Jubak Picks Portfolio tomorrow June 3.

Vestas is gaining market share in wind while GE struggles–adding it as #7 to Special Report 10 picks list for an earnings recession (and to my global warming special report and to my Jubak Picks Portfolio)

Vestas is gaining market share in wind while GE struggles–adding it as #7 to Special Report 10 picks list for an earnings recession (and to my global warming special report and to my Jubak Picks Portfolio)

The global wind power market is highly concentrated with just four companies accounting for 57% of deployed wind turbines: Vestas (VWDRY), Goldwind of China, General Electric (GE), and Siemens Gamesa (SIEGY).  In 2018 developers commissioned 45 gigawatts of onshore...