3 Top Renewable Energy Stocks for 2022
It's been a rough few months for renewable energy stocks. Macroeconomic shifts have induced traders to sell off growth stocks in favor of value, and the green energy space specifically was hit particularly hard hit as the Build Back Better bill stalled in Congress. But the industry is still growing quickly, and has always adapted to changing political conditions.
As 2022 approaches, we asked three Fool.com contributors to offer their picks for top renewable energy stocks to buy for next year. They found SunPower (NASDAQ: SPWR), Atlantica Sustainable Infrastructure (NASDAQ: AY), and ChargePoint Holdings (NYSE: CHPT) to be a cut above the rest.
Travis Hoium (SunPower): In 2021, I think we saw a shift in how consumers see electricity markets and their own energy independence. Not only are residential solar installations in the U.S. at record highs, an increasing percentage of customers are also adding energy storage and EV charging to their installations. This plays to SunPower's strengths as an energy solutions company.
Source Fool.com
