With the U.S. rejoining the Paris Agreement on the day President Biden moved into the Oval Office, attention is being focused on renewable energy stocks. It's not as if they've been flying under investors' radars of late. In 2020, for example, the Invesco WilderHill Clean Energy ETF , an exchange-traded fund with a variety of renewable energy stocks among its holdings, skyrocketed more than 200%.
For those interested in greening their portfolios with renewable energy stocks, choosing the best route may seem overwhelming and fraught with excessively risky options. Warm up to a solar stock? Sail away with a wind-power provider?
Instead of fretting over the choice, investors would be well served by Infrastructure and Energy Alternatives (NASDAQ: IEA) while keeping their distance from FuelCell Energy (NASDAQ: FCEL) .
For further details see:
One Renewable Energy Stock to Buy and One to Avoid