Renewable Energy Stocks To Follow Today - May 6th

Key Points

• Five renewable stocks to watch: Quanta Services (PWR), WEC Energy Group (WEC), NOV (NOV), Clearway Energy (CWEN) and HA Sustainable Infrastructure Capital (HASI) were flagged by MarketBeat’s screener as the top traded renewable energy names recently, based on highest dollar trading volume.
• The group covers multiple business models: infrastructure and utility services (Quanta, WEC), equipment and services for energy producers including renewables (NOV), an owner/operator with approximately 6,000 net MW of wind and solar plus ~2,500 MW of gas generation (Clearway), and an investment/financing vehicle for energy-efficiency and sustainable infrastructure projects (HASI).

Quanta Services, WEC Energy Group, NOV, Clearway Energy, and HA Sustainable Infrastructure Capital 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 whose core businesses involve producing, manufacturing equipment for, developing projects in, or financing clean power sources—such as solar, wind, hydro, biomass, energy storage, and related technologies and services. Investors use them to gain exposure to the shift away from fossil fuels; their returns are influenced by technology costs, government policy and incentives, energy demand and commodity prices, and can be more volatile than broader-market holdings. 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

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