My Top Stock to Buy in Solar Energy in 2021
Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) sees an incredibly bright future in solar energy. The company, which is currently a global leader in hydroelectric power, has spent the past few years building a solar energy platform. Those investments are starting to pay big dividends for the company, as they should power significant growth over the next several years. Brookfield thus tops my list as the best solar stock to buy for 2021 and beyond.
Brookfield Renewable has been methodically building a solar energy platform over the last several years. Its first major foray in solar came when it joined its parent, Brookfield Asset Management (NYSE: BAM), to acquire controlling stakes in wind and solar energy producers TerraForm Power and TerraForm Global in 2017. Those deals enabled it to purchase an interest in strong operators at a discounted price after their former sponsor when bankrupt.
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Source Fool.com
