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Article: Niche Energy ETF Holds Buyer Interest, Says Dr. Joe Duarte.
- Article from:
- Investrend
- Article date:
- May 28, 2009
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May 28, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/05/28/niche-energy-etf-holds-buyer-interest-says-dr-joe-duarte/)
May 28, 2009 (FinancialWire) -- Dr. Joe Duarte (http://www.joe-duarte.com) recently noted: The Powershares Wilderhill Progressive Energy ETF (NYSE: PUW) has been moving quietly higher since the March bottom.
Duarte added: Alternative energy companies fell off the face of the earth during the bear market, and many have had problems due to the credit crisis. One way to get around individual companies is to buy an ETF. And PUW fits the bill.
PUW is a basket of stocks in an ...