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Renewable Energy Stocks To Consider - May 4th

Quanta Services logo with Construction background
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Key Points

  • Quanta Services (PWR), WEC Energy Group (WEC), and NOV (NOV) are the three renewable-energy stocks MarketBeat's screener flagged today as having the highest dollar trading volume in recent days.
  • Quanta provides electric power infrastructure and grid technologies, WEC supplies regulated natural gas, electricity and renewable energy services, and NOV makes equipment and provides services for oil & gas and industrial operations while also serving renewable projects.
  • These names offer exposure to the energy transition but come with risks from policy and subsidy changes, technology shifts, and project or commodity cycles.
  • Interested in Quanta Services? Here are five stocks we like better.

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 companies whose primary business is generating, manufacturing equipment for, developing projects in, or providing services and technologies related to clean energy sources (for example solar, wind, hydro, geothermal, biomass, and energy storage). Investors buy these equities to gain exposure to the transition away from fossil fuels and potential long-term growth, while accepting risks tied to policy changes, subsidies, technology shifts, and project or commodity cycles. 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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