What are the best wind power and solar stocks to buy?

Some top picks are Berkshire Hathaway Inc. (NYSE: BRK-A), Tesla, Inc. (NASDAQ: TSLA), and Enphase Energy, Inc. (NASDAQ: ENPH). In this piece, we will take a look at the eleven best wind power and solar stocks to buy. For more stocks, head on over to 5 Best Wind Power and Solar Stocks To Buy.

Are wind power stocks a good investment?

For investors looking to play alternative energy, Forbes Advisor has chosen wind power stocks that we believe provide a unique opportunity for investors. The following companies all operate at reasonable scale and provide an opportunity to invest in a sustainable future. *All data is sourced from StockRover, current as of May 31, 2024.

Is Northland Power a good wind energy stock?

Northland Power also trades over-the-counter (OTC) in the U.S. under the ticker NPIFF. These are the top wind energy stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly YOY percentage revenue growth and their most recent quarterly YOY earnings-per-share (EPS) growth.

How many wind energy stocks does ETF hold?

As of mid-2024, it held more than 55 wind energy stocks. Of note, its top 10 holdings included Vestas Wind Systems, Siemens Energy, and NextEra Energy. The ETF has a heavy concentration of foreign-listed wind energy stocks; Denmark-listed wind stocks made up the largest country share of its portfolio, at almost 17%.

Is wind energy a good investment?

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

Is GE a wind stock?

While those revenue numbers are larger than the entire operations of a few stocks on this list and the stock is incredibly liquid and widely held, the reality is that wind is not a significant driver of GE’s success as a corporate entity. In other words, while stocks like GE may be more prominent or easy to trade, they are not truly “wind stocks.”