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What A Republican House Means For Alternative Energy: FSLR, ES, TAN, GEX, PUW

By Market News Video Staff, Wednesday, November 3, 11:49 AM ET

The Republican Party will be in charge of the U.S. House of Representative in the upcoming legislative session, and there’s already speculation of what that will mean for the markets.

JPMorgan said First Solar (NASDAQ:FSLR), Manitowoc (MTW) and EnergySolutions (NYSE:ES) could be negatively impact by potential budget cuts.

First Solar is the #1 holding in the Guggenheim Solar ETF - formerly the Claymore/MAC Global Solar Energy (AMEX:TAN), at 12.48% of the portfolio. That ETF is trading down 1% Wednesday. It is also the top holding of the Global Alternative Energy ETF (AMEX:GEX), comprising 9.35% of the portfolio, which is trading 0.6% Wednesday.

EnergySolutions is 1.98% of the WilderHill Progressive Energy Portfolio (AMEX:PUW), which is trading down 0.5%.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AMEX   Alternative   Claymore   Energy   EnergySolutions   FSLR   First   Global   Guggenheim   House   JPMorgan   Manitowoc   NASDAQ   NYSE   Party   Portfolio   Progressive   Representative   Republican   Solar   That   Wednesday   WilderHill   already   also   budget   charge   comprising   could   cuts   down   formerly   holding   impact   legislative   markets   mean   negatively   portfolio   potential   said   session   speculation   that   there   trading   upcoming   what   which   will
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What A Republican House Means For Alternative Energy: FSLR, ES, TAN, GEX, PUW | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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