Tesla, New Flyer and the Top 8 Renewable Energy Stocks to Buy Now
Looking to invest in green energy? Wind energy has been experiencing great success, and solar energy is getting cheap. Companies like Tesla, Green Power and New Flyer are also working on utilizing this clean energy.
Here’s what a New Flyer electric bus look like :
Greenpower has the electric version of the yellow school bus :
And you probably already know what a Tesla look like, but we never get tired of looking at those Falcon Wing doors so here they are for your pleasure :
Enough with the pictures! We selected the top 8 companies on Stockchase with a focus on renewable energy, the electric vehicle companies being the most interesting for sure but turning waste-to-energy companies also fascinate me. Isn’t it how Doc Brown powers his car at the end of the movie Back to the Future? :
Covanta Holding Corp. (CVA-N)
He really likes them but it's a risk that the company is involved in a specific waste-to-energy technology, which can change suddenly. CVA takes away waste and turns it into energy. A safer way to play CVA is the EDX ETF. 5.7% dividend
Canadian Solar Inc. (CSIQ-Q)
Demand for solar power and their stocks enjoy huge tailwings. ESG is one. Companies like Blackrock and Exxon Mobil are making ESG a serious priority, for example. Secondly, out electric grid is falling apart. Witness the Texas outage last winer. Third, new homeowners are happy to add solar panels to their roofs as prices of…
How to play the U.S. reopening in a short-term trade. She isn't hugely positive on energy, given ESG concerns--more regulation will come (which will raise costs) as we've seen in Europe now and she expects that to reach the US in the next few years. Too many obstacles for energy names now. In energy, she…
A small-cap green energy company. This sector will continue to grow and INE is expanding into the US. They issued some equity. Buy any green power producers on pullback.
Tesla Motors Inc (TSLA-Q)
It's too uncertain and speculative for him. The valuation is crazy, valued like an emerging software company.
E-cars were a super hot trend. GPV make e-cars like cutaway vans and schoolbuses. They use a wireless charging technology, so vehicles can always be charging. Biden wants to phase out gas buses by 2025, so this a big opportunity. GPV numbers of last night aren't EBITDA-positive, but will be EBITDA positive later this year…
Buying a call for February? Going to miss numbers by a huge 40% due to supply chain issues. Long-term story doesn't change, but this impacts their balance sheet. Problem with buying a call is you're putting a gun to your head that it's got to work by February. He'd rather sell the put over the…