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Is Pattern Energy Group a Buy?

TheMotleyFool

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It's that time of year again -- time to pick up some more spooky ornaments for your Halloween display and grab "just one more" pumpkin-spiced treat. And investors know that it's always time to look at potential additions to their portfolios. So let's check in with one of the more popular renewable-energy stocks, Pattern Energy Group (NASDAQ: PEGI), which owns 24 assets in North America and Japan

The stock has soared 44% year to date, outpacing the S&P 500's more than 18%. Does this mean that it's now overvalued, or is it still a good time to pick up shares? Here's a look at whether Pattern Energy is a way to energize your portfolio.

Image source: Getty Images.

Source Fool.com

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