Best Alternative Fuel Stocks

The post Best Alternative Fuel Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this. Traditional fuel companies have taken a major hit in stock prices due to escalating tensions and trade wars between the Middle East and the U.S. Alternative fuels continue to gain traction with biodegradable methods of production and consumption, and investors are taking note. Do your part to reduce the global carbon footprint and make sustainable living … Continued The post Best Alternative Fuel Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this.

Best Alternative Fuel Stocks

The post Best Alternative Fuel Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this.

Traditional fuel companies have taken a major hit in stock prices due to escalating tensions and trade wars between the Middle East and the U.S. Alternative fuels continue to gain traction with biodegradable methods of production and consumption, and investors are taking note. Do your part to reduce the global carbon footprint and make sustainable living possible with an investment in alternative fuel stocks. 

Quick Look at the Best Alternative Fuel Stocks:

Overview: Alternative Fuel Stocks

Alternative fuels are derived from renewable energy sources. Companies that produce alternative fuels domestically have reduced the volume of imported oil and natural gas. These production processes create a smaller carbon footprint than refined gasoline and diesel. 

There are many types of alternative fuel companies. These companies generate power from different sources such as:

  • Ethanol: fuel is produced from corn and other crops
  • Electricity: energy is produced from solar, wind and hydro power plants
  • Biodiesel: fuel is derived from vegetable oils and animal fats

You can research alternative fuels on the Alternative Fuels Data Center (AFDC). The U.S. Department of Energy launched the AFDC in 1991 in response to the Alternative Motor Fuels Act of 1988 and the Clean Air Act Amendments of 1990. It has since become an indispensable resource for fleet managers, fuel providers, policymakers and clean city coalitions. 

Solar energy producers also work tirelessly to improve the efficiency of batteries while reducing greenhouse gas emissions. The rising demand for alternative fuels has been critical to the explosive growth of companies like Ellomay Capital (AMEX: ELLO). It reported more than $21 million in revenue in 2018 and 2019, and continues to be 1 of the best energy stocks to invest in.  

Best Online Brokers for Alternative Fuel Stock

Online brokers are packed with professional tools to improve your trading tactics. For example, you can set the price range in the stock screener to show you all the stocks under $5 to quickly find penny stocks that are worth investing.

Here are our top recommendations of online brokers to get you started. 

Claim Exclusive Offers

get started securely through Interactive Brokers’s website
Best For
Active and Global Traders
N/A
1 Minute Review

Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 150 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.  

IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.

Best For
  • Access to international markets
  • Active traders
  • Detailed mobile app that makes trading simple
  • Wide range of available account types and tradeable assets
Pros
  • IB SmartRouting provides significant price improvement vs. industry
  • Fractional trading allows investing regardless of share price
  • Industry’s lowest margin rates
  • Earn more by lending your fuly-paid shares
Cons
  • Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
get started securely through Plus500’s website
Disclosure: 82% of retail accounts lose money
Best For
Leveraged Trading
N/A
1 Minute Review

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Plus500 is an online CFD broker focusing on contracts for difference (CFDs). CFDs are similar to binary options in the U.S. where traders take all-or-nothing speculation on the prices of certain securities like indices, commodities or currencies. While not legal to trade in the U.S., CFDs are legal in many jurisdictions across the globe and Plus500 offers a wide array of tradable markets using these instruments. 

Plus500 doesn’t charge commission and only profits off the spread, which is the difference between the buy and sell price of a specific security. But Plus500 is not a broker for beginners — the education materials are sparse and CFDs are risky derivatives capable of sapping out all of an investor’s capital. Only trade these instruments if you understand how they operate and the risks involved with buying them.

Best For
  • Traders looking for a smooth mobile experience
Pros
  • Great mobile app
  • Low spreads and commissions
  • Unlimited demo account
Cons
  • Only derivatives are available
  • Not open to U.S. residents
get started securely through public.com’s website
Best For
Trading Ideas
N/A
1 Minute Review

Public is the only investing platform that lets you trade stocks, ETFs, crypto, bonds, options and alternative assets—like fine art and collectibles—all in one place. Public also provides access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts.

Today, Public provides more ways to create a diversified portfolio than nearly any other online broker. Members can engage in sophisticated investing strategies and access a wealth of investing insights—from company-specific analysis to live audio shows and town hall-style Q&As. In addition, Public offers a premium membership tier with unique company KPIs, detailed performance metrics, and institutional-grade research. 

 

Best For
  • Stock and ETF investors
  • Crypto investors
  • Investors looking to diversify with alternative assets or bonds and options
Pros
  • Commission-free stock and ETF trading
  • Fractional share investing
  • Advanced data, tools, and insights with Public Premium
Cons
  • You can’t transfer crypto to another wallet
  • No mutual funds or precious metals
  • At this time, only offers individual brokerage accounts and not IRAs
get started securely through Robinhood’s website
Best For
Beginners
N/A
1 Minute Review

Robinhood is a popular trading platform known for its commission-free trades and user-friendly mobile app. Ideal for novice investors, Robinhood makes it easy to buy and sell stocks, ETFs and cryptocurrencies. The platform offers a straightforward, no-frills experience, making it accessible for users new to investing. With features like fractional shares and a sleek interface, Robinhood lowers the barriers to entry for investing, allowing users to start with just a few dollars. It lacks the advanced tools and research options that more experienced investors might seek. Overall, Robinhood is a great choice for beginners seeking a simple way to invest.

Best For
  • Beginners looking for simplicity
  • Mobile-first investors
  • Commission-free trades
Pros
  • User-friendly mobile app
  • Instant double
  • Cash management
  • Access to cryptocurrencies
Cons
  • Limited research tools
  • No mutual funds available
  • Basic customer support options
get started securely through TradeZero’s website
Best For
Active Short Sellers With Modest Capital
N/A
1 Minute Review

TradeZero is an online broker and free stock trading platform that provides everything you need to successfully share and trade, including round-the-clock customer support. TradeZero provides four different trading state-of-the-art software programs with its services, a locator for sourcing shares for shorting, commission-free trades, and real-time streaming, to name a few of the features promoted on their website. The software is a unique and (potentially) affordable option for anyone interested in stock trading.

Best For
  • Traders seeking high transparency and mobility in a stock trading program
  • Those attracted to commission-free trades
  • Those seeking a free version of a high-quality trading program
Pros
  • 24/7 live customer support
  • Uses ZeroWeb technology, a powerful level 2 online platform with direct market access
  • Mobile app allows users to access stocks and trade in real-time while on the go
Cons
  • Enforces Pattern Day Trading restrictions (accounts need to maintain a daily equity balance of at least $25k)
  • Mobile app could offer more features

Features to Look for in Alternative Fuel Stock

  1. Profitable earnings per share. Take a closer look at the earnings per share (EPS) of a company over each quarter. A steady increase in the EPS reports can indicate that the alternative fuel stock is performing well in the market. 
  1. Undervalued stocks with a low price-earnings ratio. Alternative fuel stocks under $10 tend to have the lowest price-earnings (P/E) ratios from the energy industry. 
  1. Planned solar projects and power plants. Alternative fuel companies are constantly creating a buzz in the market by announcing up and coming solar plant installations and power supply agreements. These press releases are usually followed by an increase in the stock value of alternative fuel firms.

Decrease Carbon Footprint, Increase Your Returns

The increasing awareness of climate change and global warming has caused many clean energy companies to sprout all over the world. Make smarter investment choices by backing alternative fuel companies that can earn you good returns in the long run. 

Frequently Asked Questions

Q

What is considered alternative fuel?

1
What is considered alternative fuel?
asked
A
1

Alternative fuel is considered anything that is not gasoline such as natural gas or electricity.

answered
Q

Have alternatice fuel stocks performed well?

1
Have alternatice fuel stocks performed well?
asked
A
1

In response to things like global warming and scare resources, alternative fuel stocks have been gaining lots of traction resulting in a positive performance. If the alternative fuel market continues to grow, alternative fuel stocks could be an increasingly attractive investment.

answered
Q

What are the best alternative fuel stocks?

1
What are the best alternative fuel stocks?
asked
A
1

Benzinga provides a list of the best alternative fuel stocks above.

answered

The post Best Alternative Fuel Stocks by Chetan Shekar appeared first on Benzinga. Visit Benzinga to get more great content like this.

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