My portfolio has gone from suck to blow.
Given my energy holdings in oil and natural gas production (Apache, Dominion Resources Black Warrior Trust), oil service (Tidewater), oil transport (Frontline), oil refining (Tesoro), coal (Fording), solar (MEMC Electronic Materials), and microturbines (Capstone Turbine), there was one major sector missing: wind.
Enter Vestas Wind Systems (VWSYF.PK), a Danish manufacturer of wind turbines, blades, and towers - they are a one-stop shop for wind-powered solutions. Vestas is also a pure-play stock, not a small division tied to a diversified company like GE, Trinity, or Windwood Governor. Wind power should be a significant contributor in the new clean-energy electricity capacity coming online around the world, especially in the U.S. and China. Best of all, wind is an abundant resource - the addressable market is anywhere and everywhere a wind turbine can be installed.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Fording Canadian Coal (FDG) 13.54%
Dominion Resources Black Warrior Trust (DOM) 11.69%
Southern Copper (PCU) 9.79%
Goldman Sachs (GS) 5.96%
Capstone Turbine (CPST) 5.62%
Google (GOOG) 5.59%
Apple (AAPL) 5.02%
Tidewater (TDW) 4.73%
Frontline (FRO) 4.49%
Apache (APA) 4.46%
Foster Wheeler (FWLT) 4.29%
Terra Nitrogen (TNH) 4.15%
Companhia Siderurgica Nacional (SID) 3.13%
Vestas Wind Systems (VWSYF.PK) 3.07%
American Capital Strategies (ACAS) 2.71%
NVIDIA (NVDA) 2.55%
MEMC Electronic Materials (WFR) 2.49%
Diana Shipping (DSX) 2.39%
Ace Limited (ACE) 2.02%
Tesoro (TSO) 1.97%
