Stockchase-logo
Track Stocks Watchlist
Top Picks Today
=iconClose Home All Opinions Top Picks Stocks Experts Top Experts Panic-proof Top 100 Stocks Monthly gems News
Watchlist Track Stocks
Top Picks Today
Home » Weekly Top Picks

Top 5 Renewable Energy Stocks to Watch in 2021

Melisa R. H. Posted On January 4, 2021
0
0
Shares
  • Share On Facebook
  • Tweet It

green energy stock

The global transition to clean power and growing demand for renewable energy has been a tailwind for this sector. With the ESG movement, more and more renewable energy companies are seeing large investments from funds and are awarded higher multiples. The Biden presidency is also expected to be a tailwind with infrastructure spending and investments in renewable energy. 

Many renewable energy stocks operate in regulated markets and offer stable returns on investments. They usually pay a dividend that should increase over time. 

Here are the top 5 renewable energy stocks to watch in 2021:

1.-Enel Societa Per Azioni (EN-N) 

Enel Societa Per Azioni (ENLAY-OTC) — Stockchase
Enel Societa Per Azioni (ENLAY-OTC) — Stockchase

Opinion about ENLAY-OTC: Europe's biggest utility. His top pick for global transition to clean power. At the forefront of the transition. Based in Italy, operates across multiple geographies. New green deal should provide a lot of funding, of which Enel should be the prime beneficiary. Nice entry point here. Yield is 4.21%. (Analysts’ price target…

stockchase.com stockchase.com

2.-NexEra Energy (NEE-N) 

NextEra Energy (NEE-N) — Stockchase
NextEra Energy (NEE-N) — Stockchase

Opinion about NEE-N: (A Top Pick Apr 22/24, Up 6%) Fastest-growing utility in the US. Interest rates went higher last summer, which made things more difficult for utilities. Caught up in change of sentiment toward clean energy. He stepped away.

stockchase.com stockchase.com

3.-Fortis Inc. (FTS-T)

Fortis Inc. (FTS-T) — Stockchase
Fortis Inc. (FTS-T) — Stockchase

Opinion about FTS-T: Dividend choice for an 18-year-old to hold forever. Young investors don't care as much about dividend stocks, but they're really important. It's like collecting rent, instead of making money only once you sell a stock. The earlier they start, the more they reap the benefit of the compounding effect that takes place…

stockchase.com stockchase.com

4.-Algonquin Power & Utilities Corp(AQN-T)

Algonquin Power & Utilities Corp (AQN-T) — Stockchase
Algonquin Power & Utilities Corp (AQN-T) — Stockchase

Opinion about AQN-T: Sold off renewables (still owns some hydro), transitioning to pure-play utility. Stock was up 10% after last month's investor day, so it appears that investors believe in its back-to-basics strategy. Up 20% YTD, outperforming others. Demand for energy continues to increase. This company isn't going anywhere, and it has the best valuation…

stockchase.com stockchase.com

5.-Xebec Adsorptions Inc (XBC-X) 

Xebec Adsorption (XBC-T) — Stockchase
Xebec Adsorption (XBC-T) — Stockchase

Opinion about XBC-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Continues to expand globally via partnerships. RNG and hydrogen tailwinds. Lower valuation risk.

stockchase.com stockchase.com
0
Shares
  • Share On Facebook
  • Tweet It




Trending Now
Weekly 52-Week Low (or 52-Week High): ARIS-T, SAU-T, EXRO-X, NSCI-X and More 52-Week Highs and Lows (Jul 02-08)
Melisa R. H. July 9, 2025
Most Anticipated Earnings: RCH-T, PTM-T and more Canadian Companies Reporting Earnings this Week (Jul 07-11)
Melisa R. H. July 7, 2025
TSX rises, but U.S. markets tumble to start 2021
Read Next

TSX rises, but U.S. markets tumble to start 2021

  • logo

    We’re fintech passionates that reinvest almost all our revenues into the development of Stockchase and Wealthica. We hope you enjoy Stockchase and join Premium!

  • Top Reviews

    • Questrade Review: Pros & Cons of Trading with Questrade Canada (2023)
      8.5
    • The Ugly Truth About Identity Theft – Free Credit Report
      7
    • Questrade vs Others | The Review Competitors Don’t Want you to Read (2023)
  • Popular Posts

    • Weekly 52-Week Low (or 52-Week High): ARIS-T, SAU-T, EXRO-X, NSCI-X and More 52-Week Highs and Lows (Jul 02-08)
    • Most Anticipated Earnings: RCH-T, PTM-T and more Canadian Companies Reporting Earnings this Week (Jul 07-11)
    • This Week's Stock Picks & BNN Top Picks Summary: XYL-N, FTS-T and 15 Stock and 3 ETF Top Picks (Jun 27-Jul 03)
    • JULY Gems
  • Stock Lists

    • Unraveling 15 of the Best Natural Gas Stocks: A Canada-USA...
      November 10, 2023
    • 13 Recession-Proof Stocks for Portfolio Safety
      October 26, 2023
    • The Ultimate Top Drone Stocks List for Sky-High Returns...
      October 25, 2023
    • Top Hotel Stocks to Buy for your Growth Portfolio
      October 12, 2023
    • Which Brookfield Stock to Buy? BAM vs BN: the Inspiring...
      October 9, 2023



  • Stockchase neither recommends nor promotes any investment strategies.

    About us : Privacy & Terms : Contact us

© Stockchase Inc.
Press enter/return to begin your search