Down over 25%, These 3 Renewable Energy Stocks Are Too Cheap to Ignore
Many of the biggest renewable energy stocks on the market have pulled back sharply since hitting highs earlier this year. That's partly because investors had become too exuberant in trading and partly because higher interest rates have hurt growth stocks.
Despite the pullback, renewable energy is a booming industry and there's a lot of opportunity for investors. Three of our renewable energy contributors think SunPower (NASDAQ: SPWR), Atlantica Sustainable Infrastructure (NASDAQ: AY), and TPI Composites (NASDAQ: TPIC) are great deals, with the stocks down over 25% from their 52-week highs.
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Source Fool.com
