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Promising Renewable Energy Stocks Worth Watching - April 18th

Quanta Services logo with Construction background
Image from MarketBeat Media, LLC.

Key Points

  • Seven renewable energy stocks to watch: MarketBeat's screener flagged Quanta Services (PWR), WEC Energy Group (WEC), NOV (NOV), Clearway Energy (CWEN), HA Sustainable Infrastructure Capital (HASI), Gevo (GEVO), and Forum Energy Technologies (FET) for high recent dollar trading volume.
  • These stocks offer exposure to long-term decarbonization and policy-driven demand but come with risks from changing regulations, technology shifts, supply-chain cycles, and often higher valuations and price volatility, so investors should weigh fundamentals and diversification.
  • Quanta Services is specifically notable for providing electric power infrastructure and smart-grid solutions, underscoring demand for transmission, distribution, and substation work as renewable capacity expands.
  • Five stocks we like better than Quanta Services.

Quanta Services, WEC Energy Group, NOV, Clearway Energy, HA Sustainable Infrastructure Capital, Gevo, and Forum Energy Technologies are the seven Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of companies whose primary business is producing electricity from renewable sources (solar, wind, hydro, geothermal, bioenergy) or supplying the equipment, storage, grid and services that support that industry. For investors, they offer exposure to the long-term growth of decarbonization and policy-driven demand but come with risks from changing regulations, technology shifts, supply-chain cycles and often higher valuation and price volatility, so fundamentals and diversification should be considered. 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

Clearway Energy (CWEN)

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.

Read Our Latest Research Report on CWEN

HA Sustainable Infrastructure Capital (HASI)

HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.

Read Our Latest Research Report on HASI

Gevo (GEVO)

Gevo, Inc. operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.

Read Our Latest Research Report on GEVO

Forum Energy Technologies (FET)

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications.

Read Our Latest Research Report on FET

See Also

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