Alternative energy stocks

[never2old]

with all that's going on in 2020, virus, economy, oil, commodities, there must be a bright light out there somewhere.

this morning I was looking around at 'energy' stocks, browsed Barchart for most active, high volatility, options & call/put ratio's.

three stocks ... ET, PAA, INT

anyone have any comments on the these three or have ones they are looking at or hold?

 

[vanzandt]

with all that's going on in 2020, virus, economy, oil, commodities, there must be a bright light out there somewhere.

this morning I was looking around at 'energy' stocks, browsed Barchart for most active, high volatility, options & call/put ratio's.

three stocks ... ET, PAA, INT

anyone have any comments on the these three or have ones they are looking at or hold?

I'd wait, but if you have to buy one I wouldn't be looking at all those trading metrics, and ignore the talking heads on the various media outlets that tout their favorites... I'd be looking hard at debt, cashflows, and their balance sheets in general.

If you have to bottom-fish a beat down sector with no "bright light" at the moment, buy the one with the strongest balance sheet. If they are highly leveraged and cashflow was just enough to cover things, which many companies in these sectors are, they are in deep sh*t and they will go lower. Some won't make it. Any recovery is going to take a long time. I'd identify the one with the best balance sheet and wait a bit. Let some more dust settle so to speak.

 

[Sig]

with all that's going on in 2020, virus, economy, oil, commodities, there must be a bright light out there somewhere.

this morning I was looking around at 'energy' stocks, browsed Barchart for most active, high volatility, options & call/put ratio's.

three stocks ... ET, PAA, INT

anyone have any comments on the these three or have ones they are looking at or hold?

Actually alternative energy stocks, as in non-fossil fuel energy stocks, that hold generation assets are doing relatively well, BEP for example. While installation of renewables is impacted by COVID, generation really isn't.