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My Top Energy Stock to Buy in February

TheMotleyFool

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Energy stocks are in a state of flux early in 2021. Traditional oil and gas companies are looking at a potential future of declining demand as electric vehicle (EV) sales increase. But on the renewable energy side, wind and solar stocks that are taking market share are trading at nosebleed levels.

As investors balance this risk/reward dynamic, one company stands out as having macro tailwinds while offering a reasonable valuation for investors: Brookfield Renewable Partners (NYSE: BEP), the owner of hydro, wind, solar, and energy storage assets.

Image source: Getty Images.

Source Fool.com

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