Friday, April 7, 2017

INVESTING IN GEOTHERMAL THROUGH PURCHASE OF ORA

Talk about making changes, after watching a video on the future of geothermal energy and the massive amounts of untapped reserves in the U.S., I decided now might be a good time to get in on the rush to invest in geothermal technology.  Did a lot of research and came up with ORA from an article I read on Motley Fool.  There were a lot of cheaper stocks, mostly with no earnings or no dividends, so I'm going with ORA for their positive earnings and quarterly dividend payouts.  While their 0.65% dividend yield is nothing to get excited about, it's the potential for staggering capital gains and future dividend increases that appeal to me.  

While it remains to be seen whether geothermal will really take off and break the oil industry's hold on world energy markets, if for no other reason, investing in clean energy is the right thing to do.  I'm just hoping it will also be the profitable thing to do.  At any rate, I'll be collecting dividends every quarter.

1 comment:

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