CWEN - The 3 Best Renewable Energy Stocks to Buy for 2020
This past year has been an excellent one for investors. The S&P 500 was on fire, rallying more than 30%. Meanwhile, some segments of the market were even hotter. Solar stocks, for example, surged a blistering 66% as measured by the Invesco Solar ETF, an exchange-traded fund that holds 22 of the biggest solar stocks.
Because of that, investors might be having trouble finding compelling renewable energy stocks to buy since the market is getting a bit rich. However, there are still some compelling ones, especially for investors who like income. That's because several renewable yieldcos offer an appealing combination of yield and growth. The three best ones to buy for 2020 are Clearway Energy (NYSE: CWEN) (NYSE: CWEN-A), NextEra Energy Partners (NYSE: NEP), and TerraForm Power (NASDAQ: TERP).
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