Renewable Energy Stocks To Keep An Eye On - May 3rd

Key Points

• MarketBeat's screener flags seven Renewable Energy stocks to watch: Quanta Services (PWR), WEC Energy Group (WEC), NOV (NOV), HA Sustainable Infrastructure Capital (HASI), Clearway Energy (CWEN), Forum Energy Technologies (FET), and Ameresco (AMRC).
• These names had the highest dollar trading volume among Renewable Energy stocks recently, offering exposure to the energy transition but with elevated sensitivity to regulatory, commodity, and project-specific risks.
• Quanta Services is highlighted for its role as an infrastructure provider to electric and renewable projects, including transmission, distribution, substations, and smart-grid installations.

Quanta Services, WEC Energy Group, NOV, HA Sustainable Infrastructure Capital, Clearway Energy, Forum Energy Technologies, and Ameresco are the seven 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 generating, developing, manufacturing equipment for, or providing services to renewable power and fuels such as solar, wind, hydro, geothermal, and bioenergy. For investors, these stocks provide exposure to the transition away from fossil fuels and potential long-term growth driven by policy support and falling technology costs, but they can also be more volatile and sensitive to regulatory, commodity, and project-specific risks. 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

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

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

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

Ameresco (AMRC)

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.

Read Our Latest Research Report on AMRC

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