Solar and wind power stocks

Are wind energy stocks a good investment?

For one thing, wind energy is a clean and sustainable energy source, which makes it an attractive investment for those looking to support environmentally responsible companies. Moreover, wind energy stocks tend to be less volatile than traditional energy stocks, as they are less susceptible to fluctuations in oil and gas prices.

What are the top wind energy stocks in 2023?

Wind energy produced 10% of U.S. power in 2023. Top wind energy stocks include NextEra, GE Vernova, and Vestas.

Is Plug Power a good wind energy stock?

The company designs its fuel cell systems to provide efficient, clean, and reliable power for various applications, including forklifts, airport ground support equipment, stationary power for backup, and remote power. Plug Power is, however, good wind energy stock because of its significant investments in alternative energy.

Is investing in wind energy a good idea?

While wind energy is gaining significance, investment opportunities in U.S. wind energy stocks are limited. Few companies focus solely on wind turbine manufacturing or wind energy production, and only a couple trade on major U.S. stock exchanges.

How many wind energy companies trade on major U.S. stock exchanges?

Only a couple trade on major U.S. stock exchanges. That leaves investors with few domestic pure-play wind energy investment opportunities. Although wind energy is growing in importance, few companies focus solely on manufacturing wind turbines and components or producing wind energy.

How many wind energy stocks does the ETF hold?

As of mid-2024, the ETF holds more than 55 wind energy stocks.