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August 10, 2015

As oil prices plunge, alternative energy funds hold up surprisingly well

By STAN CHOE
AP Business Writer

NEW YORK — Even as the tumble in oil prices pummels the industry, one small — and perhaps surprising — group of energy stock funds has held up better than its peers: those investing in solar, wind and other alternative-energy sources.

It's an unexpected bright spot because alternative-energy stocks have long been known as some of the riskiest in an area that's already prone to big swings.


 
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