3 Energy Stocks to Buy Right Now
The energy industry has changed rapidly over the last decade as oil and natural gas investments have struggled and renewable energy and electric vehicle (EV) production has exploded. You can see these macro trends at work in the chart below, and it's simply indisputable that the market is moving away from coal, oil, and natural gas to wind, solar, and EVs.
What's challenging now is how to make money off these trends. Renewable energy stocks haven't all done well in the last 10 years, and many have even gone bankrupt as companies have competed fiercely for a growing market. But there are opportunities if you know where to look. That's why I think Brookfield Renewable Partners (NYSE: BEP), Enphase Energy (NASDAQ: ENPH), and Bloom Energy (NYSE: BE) are where investors should put their money.
Source Fool.com
