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 44, which is 20 points higher than the renewable energy industry average of 24.
RNW passed 15 out of 33 due diligence checks and has strong fundamentals. Renew Energy Global has seen its stock return 35.86% over the past year, underperforming other renewable energy stocks by -20 percentage points.
Renew Energy Global has an average 1 year
price target of $8.15, an upside of 8.09% from Renew Energy Global's current stock price of $7.54.
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.
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: B, Sentiment: D, Safety: A, Financials: C, and AI: C.
Ge Vernova (NYSE:GEV) has a Due Diligence Score of 38, which is 14 points higher than the renewable energy industry average of 24.
GEV passed 15 out of 38 due diligence checks and has average fundamentals. Ge Vernova has seen its stock return 96.73% over the past year, overperforming other renewable energy stocks by 41 percentage points.
Ge Vernova has an average 1 year
price target of $666.30, an upside of 14.63% from Ge Vernova's current stock price of $581.27.
Ge Vernova stock has a consensus Buy recommendation according to Wall Street analysts. Of the 20 analysts covering Ge Vernova, 55% have issued a Strong Buy rating, 15% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 5% have issued a Strong Sell.
3. Ormat Technologies (NYSE:ORA)
The Component Grade breakdown for Ormat Technologies (NYSE:ORA) is: Value: D, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Ormat Technologies (NYSE:ORA) has a Due Diligence Score of 31, which is 7 points higher than the renewable energy industry average of 24.
ORA passed 11 out of 38 due diligence checks and has average fundamentals. Ormat Technologies has seen its stock return 33.34% over the past year, underperforming other renewable energy stocks by -22 percentage points.
Ormat Technologies has an average 1 year
price target of $102.29, a downside of -5.13% from Ormat Technologies's current stock price of $107.82.
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.