By Warren Jual Although the market for alternative energy sources is potentially enormous, the world still depends heavily on oil and natural gas. Alternative energy has not yet been able to fully substitute the benefits and uses of fossil fuels. However, there are alternative energy companies that are positioned to profitably ride the sluggish alteration of energy dependency. Here are five stocks that fit that description. First Solar, Inc. (FSLR): Although FSLR recently downgraded its EPS forecast for 2012, earnings are expected to increase annually by 17.04% for the next five years. This is coming off its most recent quarterly revenue growth of 26.1% year over year. FSLR has a forward price to earnings ratio (fye Dec 31, 2012) of 9.25 along with a PEG ratio (5 year expected) of 0.36. It also has a profit margin of 19.5%. A cross-sectional analysis of FSLR creates addition optimism. When compared to Sharp Corporation (SHCAY.PK) and Suntech Power Holdings Co. Ltd (STP), FSLR is very efficient operationally. SHCAY.PK and STP have operating margins of 2.44% and 6.09% respectively, where FSLR has an operating margin of 23.02%. According to the previously referenced article, in aggregate, solar stocks lost about 75% of their value…
5 Best Alternative Energy Investments Now
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