The Energy Transition Is Here! 3 Stocks to Profit From Renewable Energy Growth
The world is transitioning to cleaner, more renewable forms of energy, and at this stage, the shift is no longer being driven by subsidies or government intervention. In electricity markets, wind and solar power are beating natural gas, coal, and nuclear because they cost less. And in the transportation sector, electric vehicles are taking market share, with more new models arriving in showrooms each year.
To capitalize on that transition, we've picked three of our favorite energy transition stocks to recommend: SunPower (NASDAQ: SPWR), Enphase Energy (NASDAQ: ENPH), and ABB (NYSE: ABB).
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Source Fool.com