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Wind farms are attractive as an investment, It's the greenest energy available today and are in a growing number in the U.S. I choose Trinity, the stock has recovered 41.8% from its recent low price of 21.91 and it seems that the buyers are pushing the stock up.
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guliamo
May 29 at 6:42 ET
Hi Shlomi,
I've been interested in wind energy for the same reason I like Solar power (I own WFR).
Wind has two advantages over solar:
1. wind blows at night as well.
2. wind blows also in less sunny climates.
So it's an interesting conundrum.. but it seems like solar power is winning the race so far.. I guess 12 hours a day of reliable sunlight is easier to work with than gusting winds.
If the market was owned by the bulls I would definitely consider sampling this industry with a holding or two as part of my energy position, but these days i try to stay away from small companies that have debt and Trinity is loaded with it (0.8 debt/equity).
Also, I prefer companies that focus on one thing and it seems that most of trinity's business is in building railroad cars, which aren't part of the 'wind energy' industry.
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shlomi
May 29 at 10:25 ET
It is true that TRN is known for making rail cars, meaning investors aren't expecting the upcoming profits from its wind exposure. + I like that they make rail cars and barges, which diversifies their product line across several sectors. I feel that many people have not found out about it yet.
But with all that said I still own WFR ;-)