7/16/2006

Ethanol Stocks have lost the spark

A few months ago the ethanol stocks had captured market imagination. The great appetite for ethanol stock produced some stunning rallies like the one in The Anderson Inc., ANDE and Pacific Ethanol Inc., PEIX.



Now some of these stocks have corrected by 50%. Oil prices are up and ethanol stocks do not seem to be following the trend. The only attractive stock in that sector looks to be Archer Daniel Midland., ADM. Keep an eye on it. It might make a move post earnings.

Ethanol Stocks

ADM,Archer Daniels Midland
ANDE,Andersons Inc (The)
GPRE,Green Plains Renewable Energy
MGPI,Mgp Ingredients Inc
MON,Monsanto Co
PEIX,Pacific Ethanol Inc
VSE,VeraSun Energy Corp

No comments: