Why Renewable Energy Stocks Jumped on Monday

A day before election day, renewable energy stocks are climbing once again. The biggest winners today are Brookfield Renewable Partners (NYSE: BEP) which was up as much as 5.1%, Enphase Energy (NASDAQ: ENPH) and its 8.1% increase, and Bloom Energy (NYSE: BE) which was up 5.8% at its high. The stocks were up 5.1%, 6.1%, and 2.9% at 3:25 p.m. EST. 

The other notable moves today were oil climbing 3.4% to $37.01 per barrel, and the S&P 500 climbing 1.2% this afternoon. 

Image source: Getty Images.

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Source Fool.com