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Renewable Energy Stocks To Add to Your Watchlist - August 24th

Quanta Services logo with Construction background

Key Points

  • The five Renewable Energy stocks highlighted for August 24th are Quanta Services, Bank of New York Mellon, Petroleo Brasileiro S.A.- Petrobras, Southern, and Rockwell Automation, chosen for their high trading volumes.
  • Quanta Services focuses on providing infrastructure solutions for the electric and gas utility sectors, including the design and maintenance of power transmission and distribution systems.
  • Investing in these renewable energy firms offers exposure to a sector poised for long-term growth, benefiting from increasing demand for low-carbon energy solutions driven by environmental regulations.
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Quanta Services, Bank of New York Mellon, Petroleo Brasileiro S.A.- Petrobras, Southern, and Rockwell Automation are the five Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of publicly traded companies that develop, manufacture or operate facilities for generating power from renewable resources such as solar, wind, hydroelectric, geothermal or biomass. Owning these stocks gives investors exposure to the clean energy sector and its potential for long-term growth driven by environmental regulations and technological advances. They can offer both the financial returns of equity investments and the environmental benefits of supporting low-carbon energy solutions. 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

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Read Our Latest Research Report on BK

Petroleo Brasileiro S.A.- Petrobras (PBR)

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Read Our Latest Research Report on PBR

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Read Our Latest Research Report on SO

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

Read Our Latest Research Report on ROK

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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