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Top 5 Renewable Energy Stocks to Watch in 2021

Melisa R. H. Posted On January 4, 2021
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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)
Enel Societa Per Azioni (ENLAY)

Opinion about ENLAY: (A Top Pick Nov 29/04. Up 6% plus a 4% dividend.) The largest utility company in Italy. Very shareholder friendly. Expanding…

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2.-NexEra Energy (NEE-N) 

NextEra Energy (NEE)
NextEra Energy (NEE)

Opinion about NEE: Did poorly last year, but if a court ruling goes their way things change. Also, they're cheap, and a utility, and it has a big…

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3.-Fortis Inc. (FTS-T)

Fortis Inc. (FTS.TO)
Fortis Inc. (FTS.TO)

Opinion about FTS.TO: Consistent and reliable. A quality utility, which are generally safe and slow. Expert opinions on Fortis Inc. (FTS.TO) — buy,…

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

Algonquin Power & Utilities Corp (AQN.TO)
Algonquin Power & Utilities Corp (AQN.TO)

Opinion about AQN.TO: In multi-year turnaround after its struggles from higher interest rates and slower execution. Most earnings come from stable…

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5.-Xebec Adsorptions Inc (XBC-X) 

Xebec Adsorption (XBC.TO)
Xebec Adsorption (XBC.TO)

Opinion about XBC.TO: A clean tech company acquiring air and gas compressing companies in North America. It has been a little weak in the last couple…

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