Two New Energy Bets Worth Making
These 3 Renewable-Energy Stocks Are Better Than Tesla; If you think Tesla's stock is too pricey, we have three great options for you.
Travis Hoium, Jason Hall, Howard Smith, September 27, 2020 (Motley Fool)
“…[I]nvestors love the long-term potential of Tesla because of its ability to disrupt the energy sector…But Tesla isn't the only disruptive renewable energy stock on the market, and there are opportunities to find growth in much smaller stocks. Bloom Energy (NYSE:BE), Enphase Energy (NASDAQ:ENPH), and Atlantica Sustainable Infrastructure (NASDAQ:AY) all have a lot of long-term potential, and three of our energy contributors think they're better buys than shares of Tesla today… Bloom Energy could be just as disruptive…[It offers] new ways to store and consume renewable energy…[including] an industrial electrolyzer that will turn electricity (wind or solar for renewable energy) and water into [green] hydrogen…
...[Enphase Energy] is a leading supplier of solar microinverters, which are used to convert direct current energy at the solar panel into the alternating current used in the home…Growth and expansion are coming off an already strong base. Along with strong sales growth has come improved profitability over the past several years…The Encharge storage systems are the latest in the Enphase ecosystem…The energy storage market is estimated to grow to over $500 billion by 2035…” click here for more