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 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 12 points higher than the renewable energy industry average of 21.
GEV passed 13 out of 38 due diligence checks and has average fundamentals. Ge Vernova has seen its stock return 229.37% over the past year, overperforming other renewable energy stocks by 146 percentage points.
Ge Vernova has an average 1 year
price target of $629.56, an upside of 0.69% from Ge Vernova's current stock price of $625.27.
Ge Vernova stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Ge Vernova, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. 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: D, and AI: C.
Renew Energy Global (NASDAQ:RNW) has a Due Diligence Score of 35, which is 14 points higher than the renewable energy industry average of 21.
RNW passed 12 out of 33 due diligence checks and has average fundamentals. Renew Energy Global has seen its stock return 31.25% over the past year, underperforming other renewable energy stocks by -52 percentage points.
Renew Energy Global has an average 1 year
price target of $7.50, a downside of -2.6% from Renew Energy Global's current stock price of $7.70.
Renew Energy Global stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Renew Energy Global, 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. 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 10 points higher than the renewable energy industry average of 21.
ORA passed 11 out of 38 due diligence checks and has average fundamentals. Ormat Technologies has seen its stock return 21.78% over the past year, underperforming other renewable energy stocks by -61 percentage points.
Ormat Technologies has an average 1 year
price target of $92.29, an upside of 4.44% from Ormat Technologies's current stock price of $88.36.
Ormat Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Ormat Technologies, 57.14% have issued a Strong Buy rating, 14.29% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.