Two Biofuel Stocks With Institutional Buying
By Ben Levine for Kapitall.
Recently, the National Climate Assessment, a US government agency dedicated to climate change science, published its annual report for 2014. Not that anyone should be surprised, but the results are grim.
Temperatures are rising for all seasons, storm severity is increasing, coastal and riverside cities are flooding more often, and wildfires are becoming more frequent and more intense. As an article by the Onion aptly put it in 2011, “Global Warming May Be Irreversible by 2006.”
Many believe that these issues are due in part to our reliance on fossil fuels, an issue that has come to the forefront yet again by way of the Keystone XL pipeline controversy. The Nebraska Supreme Court will likely be hearing arguments in September as it attempts to decide whether or not the project is in compliance with state law.
But efforts at cleaner energy may be on the rise. A recent Kapitall article discussed a new EPA plan to cut carbon pollution from power plants. On a corporate level, tech giant Apple (AAPL) just announced its plans to build yet another solar farm in North Carolina.
With interest in the future of clean energy, we decided to take a look at biofuel stocks. We screened our list for stocks with significant institutional buying, which can often reflect the wisdom of experienced traders who have access to in-depth financial analysis tools. Put simply, institutional buying can often be a vote of confidence.
Do you think these biofuel stocks could see a boost? Is cleaner energy on the rise? Take a look at the list below, and let us know what you think in the comments.
Click on the interactive chart to view data over time.