2023-12-07 13:00:00 ET
The energy industry has been in a phase of transition over the past year as many high-flying pandemic stocks fall to earth and the market grapples with the future of electricity prices and electric vehicle sales. As we near 2024, I think there are some opportunities that the market is overlooking.
After a terrible 2023, renewable energy stocks SunPower (NASDAQ: SPWR) and NextEra Energy Partners (NYSE: NEP) are well positioned for a recovery in 2024, and even an oil company like ExxonMobil (NYSE: XOM) looks like a great buy. Here's why I like these stocks right now.
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For further details see:
3 Energy Stocks to Buy Hand Over Fist in December