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PBD - ICLN: Why It Is Poised To Grow In 2021 And Beyond
Invesco Global Clean Energy
ICLN may be the best ETF to capture the growing renewable energy trend.
The strong and growing renewable energy trend is supported by Biden’s climate policies, increased global adoptions, and cheaper renewable electricity cost.
COVID-19 further pushed ESG conscious investors to sustainable stocks.
The fund comprises renewable energy market leaders like Plug Power, Enphase Energy, and Meridian Energy.
ICLN has almost tripled since March 2020. I expect it to grow further.