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Best Renewable Energy Stocks To Follow Now - April 4th

Quanta Services logo with Construction background
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Key Points

  • MarketBeat names Quanta Services (PWR), WEC Energy Group (WEC), and NOV (NOV) as the renewable energy stocks to watch now, based on the highest recent dollar trading volume from its stock screener.
  • Quanta Services provides critical electric power infrastructure and smart-grid installation, handling design, construction, upgrade, and maintenance of transmission, distribution, and substation projects across multiple countries.
  • WEC Energy Group is a regulated utility offering natural gas, electricity, and renewable energy services, while NOV supplies drilling and energy equipment and services that also serve industrial and renewable energy projects.
  • Five stocks to consider instead of Quanta Services.

Quanta Services, WEC Energy Group, and NOV are the three Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of publicly traded companies whose primary business involves producing power from renewable sources (solar, wind, hydro, geothermal, bioenergy) or supplying the equipment, technology, and services that support those industries. Investors buy these stocks to gain exposure to the sector’s growth and policy-driven demand while accepting sector-specific risks such as technological change, regulatory shifts, and market volatility. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Read Our Latest Research Report on PWR

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

Read Our Latest Research Report on WEC

NOV (NOV)

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

Read Our Latest Research Report on NOV

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Should You Invest $1,000 in Quanta Services Right Now?

Before you consider Quanta Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quanta Services wasn't on the list.

While Quanta Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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