Call it global warming. Call it climate change. Maybe it’s a nuance, or maybe your political stance determines how you feel about this debate. 24/7 Wall St. has tracked investment in clean energy and renewable energy for years.
It turns out that 2016 broke the growth cycle for investing in clean energy — and then some.
With a new Trump administration about to take office, it looks like there is a night and day views on climate change versus the Obama administration. That makes this report something which likely cannot be ignored. After all, it was only known for less than two months that Hillary Clinton’s clean energy trends would not continue what was seen under the Obama administration. Still, it’s a big world and many other nations outside of the United States havea seriousrole in clean energy.
The news at the start of 2017 is showing a stark difference for 2016. Bloomberg New Energy Finance now shows that the total dollars of new investments into clean energy fell a whopping 18% down to $287.5 billion in 2016. While the prior year was a record of $348.5 billion, what stands out here now is that the 2016 figure is also represented as being 9% lower than the $315 billion invested into clean energy in 2014.
Top Clean Energy Stocks To Invest In Right Now: Carlsberg A/S (CABGY)
- [By Mark Fritz]
Price Target: $124.
Heineken N.V. (ADR) (OTC: HINKY): Hold.
Price Target: 82.30 euros.
Carlsberg A/S (ADR) (OTC: CABGY): Hold.
Price Target: 652 krones.
Top Clean Energy Stocks To Invest In Right Now: Avnet, Inc.(AVT)
- [By Lisa Levin]
Tech Data Corporation (NASDAQ: TECD) reached a deal with Avnet, Inc. (NYSE: AVT) enabling it to buy the latter's Technology Solutions business. The transaction comprises cash component of $2.4 billion and 2.785 million shares of Tech Data resulting in a total value of about $2.6 billion.
Top Clean Energy Stocks To Invest In Right Now: Caseys General Stores, Inc.(CASY)
- [By Lawrence Meyers]
Its been a mighty weird year for Caseys General Stores (CASY). The company has had some tough quarters, but just when things are looking bleak, the team got some runners on base and drove a few home.
- [By Taylor Cox]
Casey’s General Stores, Inc (NASDAQ: CASY) Q2 after hours
Secondary Offering Lockup Expirations
Athenex, Inc (NASDAQ: ATNX)
IPO Quiet Period Expirations
- [By Brian Stoffel]
For a number of years,Casey’s General Stores (NASDAQ:CASY) investors were rewarded by the small-town convenience chain’s decision to become a major vendor of pizza and other prepared foods. But with that success has come increased competition. Combined with somewhat stagnant economies in the areas that Casey’s operates — namely, towns of less than 5,000 people in middle America — the company has had trouble meeting its own expectations. That trend continued on Monday night when Casey’s announced earnings for the third quarter of its fiscal year.
- [By Chad Fraser]
One chain that continues to match up well with the above criteria is Casey’s General Stores (NasdaqGS: CASY). We last highlighted the company’s strong prospects in a December 12 Investing Daily article. Since then, the stock has risen nearly 40%.
- [By Mike Deane]
After the bell on Monday, Casey’s General Stores (CASY) announced its fiscal Q1 earnings, posting a strong increase in profits and overall revenues compared to the same time period last year.
The Ankeny, IA-based convenience store company announced quarterly revenues of $2.11 billion, which were up from $1.87 billion in last year’s same quarter. Profits for the company came in at $55.71 million, or $1.43 per share, compared to $39.03 million, or $1.01 per share, in last year’s Q1.
Both of these figures beat analysts’ estimates, which were EPS of $1.26 on revenues of $2.1 billion.
CASY shares were up $1.01, or 1.49%, at market close on Monday. YTD, the stock is up more than 26%.
- [By Lisa Levin]
Casey's General Stores Inc (NASDAQ: CASY) reported weaker-than-expected earnings for its second quarter.
Casey's reported Q2 earnings of $1.28 per share on revenue of $2.154 billion. Analysts were expecting earnings of $1.40 per share on sales of $2.18 billion.