3 Renewable Energy Stocks to Buy Ahead of the Election
Elections shouldn't drive our investing decisions overall, but elections do have consequences for some industries. In the case of renewable energy stocks, the election of Donald Trump four years ago brought with it higher costs through tariffs, less favorable policies by electricity regulators, and help for competing energy sources like coal. That didn't stop renewable energy from growing over the last four years, but it certainly didn't help.
As we look ahead to the upcoming election, there could be some big changes in store for renewable energy no matter who wins. Our picks to get investors ready for the election and potential upside from changes in renewable energy policy are Hannon Armstrong (NYSE: HASI), NextEra Energy (NYSE: NEE), and Atlantica Sustainable Infrastructure (NASDAQ: AY).
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Source Fool.com