According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best renewable stocks to buy right now are:
1. Ge Vernova (NYSE:GEV)
Ge Vernova (NYSE:GEV) is the #1 top renewable energy stock out of 20 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Ge Vernova (NYSE:GEV) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: C, and AI: C.
Ge Vernova (NYSE:GEV) has a Due Diligence Score of 41, which is 17 points higher than the renewable energy industry average of 24.
GEV passed 17 out of 38 due diligence checks and has strong fundamentals. Ge Vernova has seen its stock return 119.46% over the past year, overperforming other renewable energy stocks by 67 percentage points.
Ge Vernova has an average 1 year
price target of $782.24, a downside of -4.51% from Ge Vernova's current stock price of $819.15.
Ge Vernova stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Ge Vernova, 57.14% have issued a Strong Buy rating, 19.05% have issued a Buy, 19.05% have issued a hold, while 0% have issued a Sell rating, and 4.76% have issued a Strong Sell.
2. Algonquin Power & Utilities (NYSE:AQN)
The Component Grade breakdown for Algonquin Power & Utilities (NYSE:AQN) is: Value: D, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Algonquin Power & Utilities (NYSE:AQN) has a Due Diligence Score of 15, which is -9 points lower than the renewable energy industry average of 24.
AQN passed 6 out of 38 due diligence checks and has weak fundamentals. Algonquin Power & Utilities has seen its stock return 38.81% over the past year, underperforming other renewable energy stocks by -13 percentage points.
Algonquin Power & Utilities has an average 1 year
price target of $7.00, an upside of 3.55% from Algonquin Power & Utilities's current stock price of $6.76.
Algonquin Power & Utilities stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Algonquin Power & Utilities, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Renew Energy Global (NASDAQ:RNW)
The Component Grade breakdown for Renew Energy Global (NASDAQ:RNW) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Renew Energy Global (NASDAQ:RNW) has a Due Diligence Score of 38, which is 14 points higher than the renewable energy industry average of 24.
RNW passed 12 out of 33 due diligence checks and has average fundamentals. Renew Energy Global has seen its stock lose -18.49% over the past year, underperforming other renewable energy stocks by -71 percentage points.
Renew Energy Global has an average 1 year
price target of $7.00, an upside of 27.04% from Renew Energy Global's current stock price of $5.51.
Renew Energy Global stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Renew Energy Global, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.