Renewable Energy Stocks hit hard; buying opportunity for longer-term investors?

Are publicly-traded Renewable Power Stocks in BUY territory?

Some of the best alternative energy companies on the planet have been walloped by the recent correction in stock prices, so investors who have been on the sidelines during the bull run in solar energy, windpower and geothermal energy shares may want to consider initiating a dollar-cost averaging program to begin buying in over the coming months.

Another strategy would be to research which open ended mutual funds, closed end funds, ETFs and alternative energy index funds include these renewable power stocks as core holdings, and begin accumulating fund positions.

Renewable Power Stocks that are down 50% or more from 52-week highs as of 24JAN08: SPWR, SOLF, FSLR, REC, WFR

SPWR: SunPower (NASDAQ:SPWR) said revenue tripled to $224 million from $75 million in the year-ago quarter, but due to charges, net profit was down.

Alternative Energy companies down at least 25% from 52-week highs as of 24JAN08: ORA, QCLSF, SUZL, STP

There will be some major capital gains made by shareholders of some of these leading renewable energy companies ... BUT, the ridw will be wild and it is suggested that only longer-term, higher risk investors consider individual shares, while medium risk folk should utilize a blend of managed and index funds, as part of the growth element of a more widely diversified investment portfolio.

Suggested browsing:

Geotherma.info: Geothermal Energy Stocks Investing

WindIntell.com: Windpower Company Info and Links

SolarIntell.com: Renewable Power Stocks Investments