ENB - Got $1000? 3 Energy Stocks to Buy and Hold Forever
2024-01-27 10:27:00 ET
The global economy is steadily shifting fuel sources. Because of that, the energy industry is in transition. It's working to supply the fossil fuels the world needs today while investing in the lower-carbon energy it will require in the future.
Given that direction, the best energy stocks to hold for the long haul are those focused on a lower-carbon future. Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) , Enbridge (NYSE: ENB) , and Southern Company (NYSE: SO) stand out for their growing low-carbon businesses. Those operations make them great options for anyone wanting to invest $1,000 in the energy sector's future.
Brookfield Renewable is all-in on clean energy. It operates one of the world's largest renewable energy platforms. It also has a growing sustainable solutions platform.
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Got $1,000? 3 Energy Stocks to Buy and Hold Forever