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3 ETFs to Buy for the FallCybersecurity Stocks, Clean Energy Stocks and Medical Device Stocks: Little-Known PicksThis summary was created by AI, based on 2 opinions in the last 12 months.
Experts have mixed opinions about iShares Global Clean Energy ETF (ICLN-Q). One expert believes that it is a good long-term investment, especially during the current market conditions, while another expert has been short on this stock for the last year and advises against buying it. The stock initially showed promise under a climate-friendly Biden administration but failed to maintain its momentum. Overall, the stock is perceived as a good long-term buy by one expert and a poor investment by another.
He's been short on this for the last year, and continues to be so. Don't buy. He wouldn't buy it with his money, so he wouldn't buy it with your money.
ICLN is the go-to clean energy ETF in the US, well diversified. Some of these ETFs have fallen over the last few months, but now are stabilizing and moving higher. One of the mega-trends. Watch that most stocks have already priced in positive moves, where the average PE of the stocks is about 52x. Be careful of valuations.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Growth stocks and the sector in general has seen a big hit this year. There is no specific negative news on the fun. It is getting to interesting levels after a 19% decline this year. Unlock Premium - Try 5i Free
The biggest holding in this ETF is Plug Power, which is Kathy Wood of Ark Investment's preference. This company will not make a profit for a couple years. There is a lot of speculation. There will be massive amounts of money for the green sector. Not early and you will see volatility. The pullback is a good time to step in. When traditional energy do well, the green energy names should do better too since traditional energy are big investors.
Has come off of its highs and he has bought some more on the weakness. Plug Power is a large part of the fund and the company likely will not have earnings until 2023-2024. Interest rates have hurt the speculative names. Over the long term, the sector is a growth area.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good renewable energy ETF. The fund owns good, growing companies and investors pay higher valuations for green energy. Unlock Premium - Try 5i Free
Allan Tong’s Discover Picks ICLN trades at a daily volume of 1.4 million shares, so it’s fairly liquid and stable. ETF king, Larry Berman, advises to hold this long term, but wait for a pullback. Andrew Pyle raises the tax issue, since ICLN is based in America, but adds this one’s okay for your RRSP. Read Cybersecurity Stocks, Clean Energy Stocks and Medical Device Stocks: Little-Known Picks for our full analysis.
iShares Global Clean Energy ETF is a American stock, trading under the symbol ICLN-Q on the NASDAQ (ICLN). It is usually referred to as NASDAQ:ICLN or ICLN-Q
In the last year, 2 stock analysts published opinions about ICLN-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Global Clean Energy ETF.
iShares Global Clean Energy ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Global Clean Energy ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered iShares Global Clean Energy ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-06, iShares Global Clean Energy ETF (ICLN-Q) stock closed at a price of $12.1.
Likes ICLN long term (ZCLN is the Canadian version). Challenge is that under a climate-friendly Biden administration, it did poorly. You need to look at the 5-year chart to gain perspective. When Biden was elected, a lot of these names had a lot of excitement around them and the ETF really shot up. But there was no follow-through, so the chart looks like a multi-year low. It's certainly not going to improve under a Trump presidency.
Cheap relative to lots of things out there. When Trump won the nomination, a lot of solar/wind/clean energy stocks got absolutely crushed. If you're a long-term thinker, this is the time to buy, when there's blood in the streets.