Top Alternative Energy Stocks to Watch

Alternative energy is a hot business due to climate change worries and international security issues, and ambitious investors are seeking out the top alternative energy stocks. There are many areas of green energy that you can invest in, from technology development, to manufacturing and product service. Many of these stocks are really taking off, and you may find yourself wanting to go green to get green. With a bit of digging, you can determine which stocks have the greatest potential in the near future.

Green Energy

You might wonder what is included in the umbrella of top alternative energy stocks. Obviously, companies such as windmill and solar panel designers fall under this category. There are also companies that manufacture parts for these larger products. These potential investments are likely to fall under the radar of less alert investors, but they can be fantastic opportunities. There are also manufacturers for parts to hybrid and electric vehicles that are included in this segment of the stock market.

Two of the Top Alternative Energy Stocks

Broadwind Energy (BWEN) supplies products and services to the wind energy industry in the U.S. In the first quarter of 2011, it saw net sales of $43.5 million, as opposed to the sales of the first quarter of 2010, which totaled $21.7 million. This sales figure increase is due to the 150% increase in order intake that the company has experienced since the first quarter of last year. Broadwind Energy is set to continue growth throughout the remainder of 2011 and into 2012.

As a provider of clean energy technology, SatCon Technology (SATC) is another of the top alternative energy stocks for 2011 and 2012. Revenue has increased by three times between early 2010 and 2011, jumping from $14.7 million to $62 million. The company is growing on the international scale as well, and looks to be a smart buy.

Green energy is on the rise with no sign of stopping. Now is a great time to take advantage of a relatively new and rising market sector. Do some research, and deepen your portfolio with some top alternative energy stocks.