5 Best Clean Energy Stocks To Buy Today

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In this article, we will be taking a look at the 5 best clean energy stocks to buy today. To read our detailed analysis of these stocks and the outlook for the renewable energy sector, you can go directly to see the 9 Best Clean Energy Stocks To Buy Today.

5. Sunnova Energy International Inc. (NYSE:NOVA)

Number of Hedge Fund Holders: 25

Sunnova Energy International Inc. (NYSE:NOVA) is one of the clean energy stocks outperforming the market in the middle of the Russian-Ukraine crisis. Following President Biden’s ban on Russian oil on March 8, Sunnova Energy International Inc. (NYSE:NOVA) shares rose nearly 25% as the cost of alternative energy production becomes more competitive as oil prices go up.

In 2021, the Texas-based solar company added 87,900 customers, bringing its total customer count to 195,400 by the end of December 2021. Sunnova Energy International Inc. (NYSE:NOVA) forecasts 85,000 to 89,000 new customers this year.

Steven Cohen’s Point72 Asset Management is one of the biggest shareholders of Sunnova Energy International Inc. (NYSE:NOVA). The Connecticut-based hedge fund firm boosted its stake in the residential solar company by 52% in the fourth quarter of 2021, bringing its total holdings to over 1 million shares worth $29.7 million. At the end of the fourth quarter of 2021, 25 hedge funds were long Sunnova Energy International Inc. (NYSE:NOVA) with a total stake value of $150 million. 

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