Home Trending Stocks 3 Best Clean Energy Stocks to Buy For 2021

3 Best Clean Energy Stocks to Buy For 2021

The growing emphasis on clean energy has increased the scope of renewable/clean energy stocks.

Every single day the world is moving towards clean energy and the corporate world is owning this task to make this planet better. The new U.S. administration promises to put the country on track to zero-emission by 2050.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Most governments are taking serious measures to promote the use of renewable energy. The basic motto is to overcome the disastrous energy crisis that can be vulnerable for the planet earth. 

In that spotlight, clean energy stocks stand a fair chance to become a new leader in the stock market going forward. The devoted innovators in this space can enjoy strong growth in the next few years.

With the government putting more stake in renewable energy, here are the three clean energy stocks to watch for the long-term run. 

Renewable Energy Group, (REGI)

Renewable Energy Group (REGI) develops and supplies renewable chemicals, biofuels, and related products. The company has a market cap of $2.88 billion, as we write this. REGI’s business is based in the U.S., which is the biggest clean energy market at the moment.

During pre-quarantine days, REGI stock was trading around $20 per share. When the pandemic started to pick up momentum, the stock has been rallying since then. Renewable Energy Group’s shares have surged over 250.9% since March 11, 2020, and currently, the stock trades at its all-time high of $73.27.

Most of the Wall Street analyst rates REGI stock as a Buy. Currently, 8 of the analysts rate the stock with more upside potential and are bullish on Renewable Energy Group stock.

With the recent 3.68% upsurge in REGI shares, there’s more to come in long run.

Plug Power (PLUG)

Plug Power (PLUG) has been in news recently. The company that is a leading provider of hydrogen engines and produces fuel cell systems used in e-trucks and other equipment’s, is one to watch in 2021.

The recent collaborations of Plug Power with industry leaders have diversified its portfolio. On Nov 30., the company partnered with hydrogen-powered heavy vehicle maker Gaussin. Under this deal, the company will produce a new suite of vehicles for sale in 2021.

And now, the company has announced that it has collaborated with Walmart. Plug Power will deliver its hydrogen and fuel cell solutions to the e-commerce giant.

The expansion of Plug’s hydrogen power will make it the market leader. Currently, there’s a high demand for hydrogen power across Europe and as the world moves toward a carbon emission-free ecosystem, Plug Power will record more growth.

McKinsey & Co. projects the global hydrogen economy to grow to a whopping $2.5 trillion by 2050.

Moreover, the company has also raised the largest capital in the firm’s history—almost $1 billion of capital. This will help Plug Power to develop and accelerate its work on its green hydrogen strategy.

The host of Mad Money on CNBC, Jim Cramer is weighing on Plug Power due to its capability in hydrogen. He believes that hydrogen power is the next big thing in the clean energy sector.

According to Schmidt, Plug Power has recorded a constant growth of 30% to 40% over the past few years. The long-term momentum is bullish and with all these developments, Plug Power is a favorite stock for investment.

Enphase Energy (ENPH)

Enphase Energy (ENPH) is a prominent solar energy stock that has seen a significant change over the last few years. Enphase has turned the tables around and has continued to surge as we move past the COVID-19 era.

After being delisted from the Nasdaq exchange in 2017, the company has seen growth after overcoming that phase. Since then, the finances of the company have improved. With the evolving solar market in the U.S., Enphase has recorded growing profitability. The company has over 16% market share in the U.S.

The company has reported a strong improvement in revenues, especially in the pre-COVID-19. But, the most promising achievement of Enphase has been its improving gross margin.

The short-term and long-term momentum favors the stock to continue bullish momentum.

Right now, 11 Wall Street analysts rate Enphase Energy (ENPH) stock as a buy.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Here is Dolphin Entertainment Inc (DLPN) stock turnaround on Thursday, April 15, 2021

Dolphin Entertainment Inc (DLPN) stock was facing negativity in the normal trading session on Thursday, April 15, 2021. It lost 8.05% in the morning...

Why Is TAOP Stock Increasing Today?

Taoping Inc. (NASDAQ: TAOP) is rising on the charts today with a gain of 18.04% to trade at $7.33 at last check-in early trading. Yesterday,...

Is VIZSF Stock Price Up This Past Session?

At the previous close, shares of Vizsla Silver Corp. (OTCQB: VIZSF) were up 8.41% to $1.41. A total of 201,300 shares of Vizsla Silver...

How Did The KXIN Stock Rise In The Last Session?

On Thursday, more than 15.02 million shares of Kaixin Auto Holdings (NASDAQ: KXIN) were traded, and the closing share price was $2.56, an increase...

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

What Led The AKUS Stock To Increase On Thursday?

In its Thursday trading session, Akouos Inc. (NASDAQ: AKUS) rose by 8.08%, or $1.16, compared with its previous market close price. The lowest price...

Related News

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Here is Dolphin Entertainment Inc (DLPN) stock turnaround on Thursday, April 15, 2021

Dolphin Entertainment Inc (DLPN) stock was facing negativity in the normal trading session on Thursday, April 15, 2021. It lost 8.05% in the morning...

Why Is TAOP Stock Increasing Today?

Taoping Inc. (NASDAQ: TAOP) is rising on the charts today with a gain of 18.04% to trade at $7.33 at last check-in early trading. Yesterday,...

Is VIZSF Stock Price Up This Past Session?

At the previous close, shares of Vizsla Silver Corp. (OTCQB: VIZSF) were up 8.41% to $1.41. A total of 201,300 shares of Vizsla Silver...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.