February 14, 2024 | Daily JAM, Jubak Picks, Stock Alerts, Top 50 Stocks, VWDRY |
My 10 Penny Stock Homeruns Pick #5: Vestas Wind Systems (VWDRY).
Technically, the Vestas Wind Systems ADR (VWDRY) isn’t a penny stock. By the strict definition, a penny stock sells for $5 or less and the Vestas ADR closed on $9.06 today, February 14. But I included Vestas in my previous penny stock list back on July 11, 2022, even though the stock closed at $7.80 that day. With the company reporting a return to profitability for 2023 in its fourth quarter earnings report released today, I think Vestas has (finally) turned the corner. And, frankly, I just don’t want drop it from this list just as things get good again for the company and its investors. (Vestas is a member of my Jubak’s Picks Portfolio. The position is up 65.6% since initiation on March 4, 2019.) Tomorrow, February 15, I’ll also add Vestas to my long-term 50 Stocks Portfolio.
January 4, 2024 | Daily JAM, DNNGY, EQNR, Jubak Picks, Long Term, VWDRY |
I think this is good news, sort of, for the very troubled wind power sector.
Yesterday, January 3, Equinor (EQNR) and BP (BP) announced that they would terminate their contract and exit the 1.2 gigawatt Empire Wind 2 project off the coast of New York. Why is this good news?
July 27, 2022 | Daily JAM, Jubak Picks, VWDRY |
My fourth pick for my Special Report: Own the Future for Pennies with my 10 Best Penny Stock Picks is Vestas Wind Systems (VWDRY). The Danish company has the largest installed capacity of wind turbines in service in the world. 2022 hasn’t been kind to Vestas.
December 20, 2021 | Daily JAM, Short Term |
I’ve learned over the years never to think that a piece of legislation is dead until I’ve seen its proponents cut off its head and bury it at a cross roads with garlic around its neck and a stake through its heart. But I’d certainly entertain the idea that the Biden administration’s Build Back Better plan is dead at the hands of West Virginia Democratic Senator Joe Manchin. And that defeat for Build Back Better means a huge set back in efforts to put the U.S. economy on the right side of the battle to temper global climate change. So today’s sell off of companies looking toward federal spending to accelerate growth in those sectors makes perfect sense. Other “Green” stock either didn’t fall or actually rose because growth for those companies isn’t dependent on government subsidies.
December 20, 2021 | Daily JAM, ES, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My eighty-second YouTube video “QuickPick EverSource (update)” went up today.
October 18, 2021 | Daily JAM, DNNGY, Jubak Picks |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My fifty-ninth YouTube video “QuickPick: Orsted” went up today
March 29, 2021 | Daily JAM |
Today, May 29, the Biden administration announced an ambitious plan to expand wind farms along the East Coast. The goal would be to see the United States produce 30 gigawatts of offshore wind power by 2030. That’s just a little ambitious since U.S. offshore wind power production right now is 30 megawatts (a gigawatt is 1,000 megawatts) from one wind farm off Rhode Island. Europe, in contrast, already has 24 gigawatts in operation, and the United Kingdom aims to have 40 gigawatts online by 2030Besides generating enough power for 10 million U.S. homes, the plan would cut 78 million metric tons of carbon dioxide emissions.
March 26, 2021 | Daily JAM, Millennial |
Back in my February 17 video on lessons from the Texas winter story, I gave a thumbs up to shares of American Superconductor (AMSC). But before I could add the stock to my new Millennial Portfolio (for investors who have more time than money) the shares ran away from me, climbing to $25.92 on March 12 from $24.21 on February 17. That may not seem like much of a move, but the stock was already up from $13.09 on November 9, 2020. But along with a lot of other alternative energy stocks, American Superconductor has spent the last few weeks unwinding a good part of its gains from the end of 2020. The shares closed today, March 26, down another 2.73% to $18.81. That takes the price back to where it stood on December 11. I’ll be adding the stock to my Millennial Portfolio (as the eleventh stock in that portfolio on Monday, March 29.
December 14, 2018 | Daily JAM, Special Reports |
$23 trillion. It's a big enough number to get my attention. On Monday, December 10, 415 investment managers, pension funds, and insurers, told the ministers gathered for the United Nations climate summit in Katowice, Poland, that the world faces a financial crash...
