My Best Solar Energy Stock for 2021
Solar energy stocks were blistering hot last year. The Invesco Solar ETF -- an exchange-traded fund that holds 37 solar-focused companies -- soared more than 230% in 2020. Powering that surge was increased investor enthusiasm in the sector as costs come down and the global economy pivots toward renewable energy.
Given last year's run, it wouldn't be too surprising to see solar stocks cool off in 2021. However, the sector has such a bright future that investors should look at sell-offs as potential long-term buying opportunities. Topping my list as the best solar stock for 2021 and beyond -- and one I'd buy on a big dip -- is Brookfield Renewable (NYSE: BEP)(NYSE: BEPC).
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Source Fool.com
