4 Energy Stocks That Are Screaming Buys in November
The energy industry hasn't gotten the headlines of technology and consumer stocks recently, but the world continues to consume more energy and prices keep going up. Whether it's demand for electric vehicles or the electrification of industrial equipment, the industry's tailwinds are too big to ignore.
Given that backdrop, I think NextEra Energy Partners (NYSE: NEP), Enphase Energy (NASDAQ: ENPH), SolarEdge (NASDAQ: SEDG), and (NASDAQ: SPWR) are great buys given how much the market has discounted their stocks.
One of the more beaten-up stocks this year is NextEra Energy Partners, the renewable energy asset owner. The company said it would reduce dividend growth in order to shore up the balance sheet. About one-third, or $2.2 billion, of debt will mature before 2026, and rising rates could make refinancing costly. So these are prudent measures, even if they hurt the payout right now.
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 2.0 € for Sunpower Corp., so the potential is actually 250.28%.
