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 43, which is 19 points higher than the renewable energy industry average of 24.
GEV passed 18 out of 38 due diligence checks and has strong fundamentals. Ge Vernova has seen its stock return 100.45% over the past year, overperforming other renewable energy stocks by 63 percentage points.
Ge Vernova has an average 1 year
price target of $782.24, an upside of 6.06% from Ge Vernova's current stock price of $737.53.
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. Ormat Technologies (NYSE:ORA)
The Component Grade breakdown for Ormat Technologies (NYSE:ORA) is: Value: D, Growth: C, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Ormat Technologies (NYSE:ORA) has a Due Diligence Score of 19, which is -5 points lower than the renewable energy industry average of 24.
ORA passed 7 out of 38 due diligence checks and has weak fundamentals. Ormat Technologies has seen its stock return 88.35% over the past year, overperforming other renewable energy stocks by 51 percentage points.
Ormat Technologies has an average 1 year
price target of $123.75, an upside of 2.05% from Ormat Technologies's current stock price of $121.26.
Ormat Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Ormat Technologies, 75% have issued a Strong Buy rating, 12.5% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. 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 13, which is -11 points lower than the renewable energy industry average of 24.
AQN passed 5 out of 38 due diligence checks and has weak fundamentals. Algonquin Power & Utilities has seen its stock return 42.89% over the past year, overperforming other renewable energy stocks by 5 percentage points.
Algonquin Power & Utilities has an average 1 year
price target of $7.00, an upside of 7.2% from Algonquin Power & Utilities's current stock price of $6.53.
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.