5 Best Wind Power and Solar Stocks to Buy Right Now

In this article, we will take a look at the 5 Best Wind Power and Solar Stocks to Buy Right Now. For deeper discussion and analysis, have a look at the 8 Best Wind Power and Solar Stocks to Buy Right Now.

5. Sunrun Inc. (NASDAQ:RUN) 

Number of Hedge Fund Holders: 35

Sunrun Inc. (NASDAQ:RUN) is the leading home solar panel and battery storage company in the United States.

On April 16, JPMorgan lowered its price target on Sunrun Inc. (NASDAQ:RUN) from $25 to $22, but maintained its ‘Overweight’ rating on the shares. The trimmed target, which still reflects a robust upside of over 80% from the current levels, comes as the analyst firm revised its targets in the clean energy and power infrastructure group as part of a Q1 preview.

With ongoing announcements of data center contracts and rising order volumes, JPMorgan sees a “catalyst-rich environment” in the sector that is likely to continue supporting a positive investor sentiment. The analyst firm continues to prefer stocks that maintain a strong exposure to US-based manufacturing, diversified end markets, and healthy balance sheets.

Despite the target cut by JPMorgan, Sunrun Inc. (NASDAQ:RUN) maintains a strong average upside potential of over 80%, putting it among the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.