3 Stocks I Bought This Week
The global economy has a nearly insatiable appetite for power. Not the political kind, but the energy that drives modern life by fueling the flow of goods, people, and data
For decades, the economy relied on fossil fuels to supply it with the energy needed to keep moving. However, it has slowly pivoted to more sustainable sources like renewable energy in recent years. Given the rapid decline in costs and growing climate-change concerns, that transition appears poised to accelerate -- so I'm shifting more of my portfolio toward sustainable energy sources by building a basket of renewable-energy stocks.
This week I added to that mini-portfolio by purchasing more shares of renewable-energy yieldcos Atlantica Sustainable Infrastructure (NASDAQ: AY), Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A), and NextEra Energy Partners (NYSE: NEP). Here's why I'm pouring more capital into the sector, and this particular trio of sustainable-energy stocks.
Source Fool.com