Solar Stocks Boom

For the most part, 2005 was a mediocre year for the stock market. The market mostly went sideways to nowhere and was generally a boring year for most stock market investors.

The Dow Jones was down 0.61%, the S&P 500 was up 3% and the NASDAQ was up 1.37% for the year.

But quietly in the background:

Distributed Energy Systems Corporation (DESC) + 160%
DayStar Technologies, Inc. (DSTI) + 336%
Energy Conversion Devices, Inc. (ENER) + 160%
Evergreen Solar Inc. (ESLR) + 213%
Powershares Wilderhill Clean Energy Fund (PBW) + 19.5%
Spire Corporation (SPIR) + 120%
Sunpower Corporation (SPWR) +34%
Suntech Power Holdings (STP) +32%

Average Gain for U.S. solar stocks in 2005 = 134%
Average Gain for three Indexes in 2005 = 1.25%

As you can see from the numbers…
we’ve been ‘avoiding the obvious’ and thus doing too little with our money!!