Wall Street Favorites: 3 Renewable Energy Stocks With Strong Buy Ratings for April 2024
BEPBrookfield Renewable Partners L.P.(BEP) InvestorPlace·2024-04-16 00:49

The CHIPS and Science Act of 2022 and the Defense Production Act are two examples of why renewable energy stocks can make a comeback, thanks to increasing regulatory activity as we move into the next U.S. election cycle. The iShares Global Clean Energy ETF (NASDAQ:ICLN) is down around 11% this year, but both the Republican and Democrat camps can lead to a revival thanks to new policy proposals coming to light. Analysts expect a “China shock 2.0” for U.S. stocks as China produces cheaper renewable energy goo ...