Got $5,000? Here Are 5 Energy Stocks to Buy and Hold for the Long Term

The energy market is in the midst of a dramatic transformation. The global economy is changing power sources, going from carbon-emitting fossil fuels to cleaner alternatives like renewable energy. This shift will take decades and trillions of dollars to complete, making it a megatrend that investors won't want to miss.

Often, the best way to invest in a major trend like this is to purcahse a basket of several similar stocks instead of trying to pick one winner. With that in mind, investors with $5,000 (or any other amount) to invest should consider splitting it into equal amounts across several compelling opportunities. Five that stand out as great options are Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), ChargePoint Technologies (NYSE: CHPT), First Solar (NASDAQ: FSLR), SolarEdge Technologies (NASDAQ: SEDG), and NextEra Energy (NYSE: NEE).

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Source Fool.com