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1 pt

Investors looking for broad exposure to solar getting TANned

 May 13, 2008 10:40 AM UTC
Return Risk
-70.97% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
FSLR Positive 05/13/08 -61.55% --
JASO Positive 05/13/08 -86.95% --
TAN Positive 05/13/08 -73.97% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: China, Indices, Mutual funds, Commodities, Oil, Initial public offerings, Stocks to Buy

Everyone is talking about solar. Whether you believe that solar energy will somehow displace an oil-driven economy or not (I don't), some of these stocks like First Solar (NASDAQ: FSLR) and JA Solar (NASDAQ: JASO) have seen big gains over the past few years.

The success of solar companies has not been lost on ETF firms with their constant new products hitting the market. A smaller ETF firm called Claymore Securities looks to be first to the market with a solar ETF, the Claymore/MAC Global Solar Energy Index ETF, with an aptly-named ticker, (NYSE: TAN).

Here's Claymore's website for the recently launched ETF. From the firm's website, the index defines a company engaged in solar energy as falling into two main categories:

1. Solar photovoltaic power, which involves th...



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