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 C. Stocks with a rating of C have had an average return of +7.53% per year.
Learn more.
The Component Grade breakdown for Ge Vernova (NYSE:GEV) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: A, Financials: C, and AI: C.
Ge Vernova (NYSE:GEV) has a Due Diligence Score of 42, which is 16 points higher than the renewable energy industry average of 26.
GEV passed 17 out of 38 due diligence checks and has strong fundamentals. Ge Vernova has seen its stock return 97.8% over the past year, overperforming other renewable energy stocks by 36 percentage points.
Ge Vernova has an average 1 year
price target of $730.19, an upside of 10.92% from Ge Vernova's current stock price of $658.28.
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: C, 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 -13 points lower than the renewable energy industry average of 26.
AQN passed 5 out of 38 due diligence checks and has weak fundamentals. Algonquin Power & Utilities has seen its stock return 42.92% over the past year, underperforming other renewable energy stocks by -19 percentage points.
Algonquin Power & Utilities has an average 1 year
price target of $7.00, an upside of 13.64% from Algonquin Power & Utilities's current stock price of $6.16.
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. Fluence Energy (NASDAQ:FLNC)
The Component Grade breakdown for Fluence Energy (NASDAQ:FLNC) is: Value: C, Growth: C, Momentum: B, Sentiment: F, Safety: C, Financials: C, and AI: A.
Fluence Energy (NASDAQ:FLNC) has a Due Diligence Score of 36, which is 10 points higher than the renewable energy industry average of 26.
FLNC passed 12 out of 33 due diligence checks and has average fundamentals. Fluence Energy has seen its stock return 33.07% over the past year, underperforming other renewable energy stocks by -28 percentage points.
Fluence Energy has an average 1 year
price target of $17.20, a downside of -13.83% from Fluence Energy's current stock price of $19.96.
Fluence Energy stock has a consensus Hold recommendation according to Wall Street analysts. Of the 15 analysts covering Fluence Energy, 20% have issued a Strong Buy rating, 0% have issued a Buy, 73.33% have issued a hold, while 6.67% have issued a Sell rating, and 0% have issued a Strong Sell.