March 26, 2016

Ignore Clean Energy Fuels Corp.: Here Are 3 Better Stocks

I'm still a huge fan of Clean Energy, but here are three stocks that you should buy first.




I'm a big fan of Clean Energy Fuels Corp. (NASDAQ:CLNE), and I see a bright future for natural gas as a transportation fuel. This is especially true for medium- and heavy-duty vehicles, applications where electric and hydrogen are decades away from being workable solutions.
The company, however, still has a long way to go to get to profitability, and may see its growth rate slow this year in the face of continuing low oil prices. Plus, it still has debt issues that create some risk for investors.
At the same time, demand for natural gas has multiple drivers beyond transportation, including electricity production, a feedstock for chemical manufacturing, and expansion of its export. With that in mind, here's a look at three lower-risk stocks that investors should probably buy before Clean Energy Fuels... CLNE, CMI, OKE, PSX