3 Renewable Energy Stocks to Buy Hand Over Fist Right Now
The renewable energy industry has come to life in just the last few weeks because the market expects interest rates to decrease over the next two years, making project financing more cost-effective. After a tough 2023, that's a welcome relief for the industry.
Many renewable energy stocks are trading at levels not seen for years, and that's where there's opportunity for investors. I think (NASDAQ: SPWR), Enphase Energy (NASDAQ: ENPH), and NextEra Energy Partners (NYSE: NEP) are all well-positioned for a big recovery in 2024.
SunPower is a residential solar installer, technology, and finance company. It spun off its manufacturing unit in 2020 and now focuses on providing technology and financing for both owned and third-party installers.
Source Fool.com
Sunpower Corp. Stock
Currently there is a rather negative sentiment for Sunpower Corp. with 9 Buy predictions and 13 Sell predictions..
On the other hand, the target price of 7 € is above the current price of 1.99 € for Sunpower Corp., so the potential is actually 251.86%.
