Wall Street Transcript Interview with Pavel Molchanov of Raymond James (RJF): Niche Opportunities in Solar Energy and Biofuels Despite Sector Headwinds
(Yahoo! Finance/Wall Street Transcript) …In the following excerpt from the Utilities, Alternative Energy and Water Services Report, an expert analyst from Raymond James discusses the outlook for selected alternative energy stocks:
…In the context of the Raymond James’ energy group’s view on oil prices, which is to say our belief that prices will not bottom until mid-2013, we don’t think the advanced biofuel stocks are problematic. To be clear, these stocks are speculative and risky by their nature as early-stage companies, but near-term oil price weakness is not a major issue for them because they have so little current production to begin with. READ MORE