Clean energy stocks are stocks of companies that generate and supply energy through renewable and clean resources. The clean energy industry and stocks have seen an uplift in recent years with worldwide initiatives towards clean and alternative sources of energy.
The world’s population is growing, leading to a higher demand for energy. The energy trends have changed in the past decades, shifting towards renewable and clean energy. The demand for products that use clean energy, like electric cars, has grown. The shift in trends has largely benefitted clean energy stocks. Energy stocks have always been reliable avenues of investment, with clean energy stocks becoming more stable with time.
|REGI||Renewable Energy Group||$61.30||5.25%||3.1B|
|NEP||NextEra Energy Partners||$68.98||2.10%||5.8B|
|AQN||Algonquin Power & Utilities Corp||$14.58||-5.57%||12.5B|
|BAM||Brookfield Asset Management||$47.03||-4.00%||77.2B|
|BEP||Brookfield Renewable Partners||$36.62||-8.27%||12.8B|
|GPP||Green Plains Partners||$12.54||4.15%||291.3M|
|CLNE||Clean Energy Fuels Corp||$5.01||-34.34%||1.1B|
Factors to Consider Before Investing in Clean Energy Stocks
Clean energy stocks are heavily influenced by government regulations and policies. Clean and renewable energy resources are here to stay. Yet, investors must consider the fundamental strengths of clean energy companies and their ability to survive competition and barriers before investing in clean energy stocks.
Investors must be aware of the energy resources used by the company, technology used, and the various laws and regulations surrounding the technology and energy sources. Additionally, investors must also consider the capitalization of clean energy companies and stocks as developing and exploring clean energy is an expensive process. The basic financial health, including net income, profitability, and earnings growth, should also be considered before investing in clean energy stocks.
Which Clean Energy Stocks Should I Buy?
Many new companies are entering the clean energy space, creating more clean energy stocks and energy ETFs. Of all the prominent clean energy stocks, we have shortlisted the best clean energy stocks that offer opportunities for high returns and a robust future.
The clean energy stocks include stocks of companies using solar, wind, nuclear, hydroelectric, and natural gas to replace the non-renewable sources of energy. Investors must invest in global companies with high market capitalization to ensure solid long-term returns and regular short-term income.