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3 Cheap Renewable Energy Stocks to Buy Now


Renewable energy remains red-hot even after a scorching 2020 where renewables trounced the broader market's gains. From small pure-play wind and solar stocks to large companies looking to diversify their revenue mix, now seems to be a great time to look for premium renewable energy stocks. But there's a problem. Many of the industry's leading companies are now trading near record highs -- which can be off-putting for investors looking for a lower entry point.

With that, we asked some of our contributors which renewable energy stocks they thought were cheap now. They came up with American Electric Power (NYSE: AEP), Dominion Energy (NYSE: D), and Hubbell (NYSE: HUBB).

Image source: Getty Images.

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Source Fool.com

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