You've Been Warned! 3 Renewable Energy Stocks to Buy Now or Regret Forever.
BYD(BYDDY) Investor Place·2024-06-29 18:09
We have all heard about the woes of renewable energy stocks these days. Macroeconomic uncertainty has disincentivized consumers and businesses to stop investing in clean energy technologies or infrastructure. Moreover, high interest rates have also severely dented consumer demand for new electric vehicles, which have come with expensive car notes and car insurance. On the earnings side, renewable energy companies tend to be capital expenditure (capex) heavy. With rates as high as they are, higher capex coul ...