New Energy Buys To Bet On
3 Top Alternative Energy Stocks to Buy Right Now; Want to get exposure to this high-flying industry? Check out these companies.
Tyler Crowe, Jason Hall, And John Bromels, June 23, 2019 (The Motley Fool)
“…[Motley Fool contributors picked three stocks as] worth buying today…TerraForm Power (NASDAQ:TERP)… wasn't in great shape when Brookfield Renewable Partners, a subsidiary of Brookfield Asset Management, took a majority stake…Thanks to Brookfield's expertise, [solar and wind project owner] TerraForm has made several operational and financial changes that have set it up for outperformance…[It is on track to] make good on its projected annual dividend increases of 5% to 8% through 2022…[SolarEdge Technologies (NASDAQ:SEDG)] makes a living mainly supplying solar panel power-management components, like inverters and power optimizers. These key parts are the go-between pieces that convert power from panels so that your home and the power grid can use it, and also maximize and balance the power that panels generate…
SolarEdge is recognized by panel makers and independent installers as a go-to partner…and its market share continues to grow…[R]ecently, management took a bold step to build a more diversified business in segments that overlap its strength in solar -- specifically, energy storage systems, and electric vehicle powertrain and recharging systems…[Brookfield Renewable Partners(NYSE:BEP)] is a major player in solar, wind, and hydroelectric power…eschews chasing high-valuation, low-return projects for growth's sake and instead focuses on special value situations…The deal to acquire a portion of TerraForm Power was a great example…” click here for more