5 Best Solar Energy Stocks To Invest In Heading Into 2024

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In this piece, we will take a look at the five best solar energy stocks to invest in heading into 2024. If you want to read about the latest trends in the industry, then head on over to 13 Best Solar Energy Stocks To Invest In Heading Into 2024.

5. Clearway Energy, Inc. (NYSE:CWEN)

Number of Hedge Fund Investors in Q2 2023: 29

Clearway Energy, Inc. (NYSE:CWEN) is a small American utility company headquartered in Princeton, New Jersey. The firm generates thousands of megawatts of electricity through renewable power plants which include solar facilities. Its shares saw considerable action in October after jumping by 10% during a single trading day, during the same period that Bank of America upgraded the rating to Buy from Hold.

As of Q2 2023 end, 29 out of the 910 hedge funds surveyed by Insider Monkey were Clearway Energy, Inc. (NYSE:CWEN)’s investors. Israel Englander’s Millennium Management is the biggest shareholder among these, owning one million shares that are worth $29 million.

Follow Clearway Energy Inc. (NYSE:CWEN)

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