Alternative energy stocks face some of the strongest secular tailwinds out there. In 2020, when oil prices were on shaky ground, green energy stocks were red-hot, surging to new highs and eventually peaking in 2021 alongside many other momentum stocks that got a bit ahead of themselves. Fast-forward to today, and oil is a hot commodity again. Many renewable energy plays have now retreated from their highs. With investors looking to fossil fuels to shelter from high inflation, the tables have turned against alternative energy firms. Nonetheless, let's check out three intriguing alternative energy stocks, BEP, NEE, and AQN, that Wall Street sees upside in.
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NextEra Energy (NYSE:NEE)
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NextEra Energy (NYSE:NEE)
Historical Stock Chart
From Feb 2022 to Feb 2023 Click Here for more NextEra Energy Charts.