U.S. Solar Market Booming

I have an old friend who sometimes gives me investment advice, and, when he feels especially confident regarding a certain item, he’ll add the warning, “If you don’t do this, Craig, you’ll be crying in your beer.”

Well, that’s certainly the way I feel about the fact that I didn’t jump into Esplanade Capital, focused on the solar PV industry.  Esplanade is run by my colleague Shawn Kravetz, who starred in our webinar on “Solar Investing” last February, and it’s up big this year.

I’m particularly impressed with Shawn’s thinking and insight in this industry.  But, truth told, the industry right now is so strong that anyone with a dartboard could have made money recently; the U.S. just posted the second-largest quarter in its history of PV installations, and main ETF (TAN Guggenheim) is up over 90%.