August 13, 2006

Dow Jones: Alternative Energy Stocks In Demand

Tuesday, August 08, 2006 12:12:17 PM ET
Dow Jones Newswires

1453 GMT [Dow Jones] Alternative energy stocks are currently in demand ahead of the release of Conergy's (CGY.XE) 2Q figures due out Wednesday, say traders. Furthermore the sector is profiting from higher oil and raw material prices, which are making solar and wind power stocks more attractive for investors, says one. Trader adds wind energy systems company Nordex (NDX1.XE) has the potential to catch up with the gains of other alternative energy stocks. Nordex +7.7% at EUR13.47. Solarworld (SWV.XE) +0.4% at EUR49.81. Conergy +1.1% at EUR46.75. Ersol (ES6.XE) +3.9% at EUR57.14. Q-Cells (QCE.XE) +0.8% at EUR31.94. (SUG/JAS)