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. Renew Energy Global (NASDAQ:RNW)
The Component Grade breakdown for Renew Energy Global (NASDAQ:RNW) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.
Renew Energy Global (NASDAQ:RNW) has a Due Diligence Score of 35, which is 13 points higher than the renewable energy industry average of 22.
RNW passed 12 out of 33 due diligence checks and has average fundamentals. Renew Energy Global has seen its stock return 15.83% over the past year, underperforming other renewable energy stocks by -48 percentage points.
2. Ge Vernova (NYSE:GEV)
Ge Vernova (NYSE:GEV) is the #2 top renewable energy stock out of 21 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Ge Vernova (NYSE:GEV) is: Value: C, Growth: B, Momentum: A, Sentiment: C, Safety: A, Financials: C, and AI: C.
Ge Vernova (NYSE:GEV) has a Due Diligence Score of 33, which is 11 points higher than the renewable energy industry average of 22.
GEV passed 13 out of 38 due diligence checks and has average fundamentals. Ge Vernova has seen its stock return 155.34% over the past year, overperforming other renewable energy stocks by 92 percentage points.
Ge Vernova has an average 1 year
price target of $652.88, an upside of 4.6% from Ge Vernova's current stock price of $624.17.
Ge Vernova stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Ge Vernova, 64.71% have issued a Strong Buy rating, 17.65% have issued a Buy, 17.65% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ormat Technologies (NYSE:ORA)
The Component Grade breakdown for Ormat Technologies (NYSE:ORA) is: Value: D, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Ormat Technologies (NYSE:ORA) has a Due Diligence Score of 31, which is 9 points higher than the renewable energy industry average of 22.
ORA passed 11 out of 38 due diligence checks and has average fundamentals. Ormat Technologies has seen its stock return 23.55% over the past year, underperforming other renewable energy stocks by -40 percentage points.
Ormat Technologies has an average 1 year
price target of $95.43, an upside of 3.18% from Ormat Technologies's current stock price of $92.49.
Ormat Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Ormat Technologies, 71.43% have issued a Strong Buy rating, 14.29% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.