Morgan Stanley sees 'rare buying opportunity' in 5 clean energy stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

New for subscribers: Morgan Stanley sees 'rare buying opportunity' in 5 clean energy stocks. Check out CNBCPro today.

In a note last week, Morgan Stanley analysts upgraded a basket of stocks in the clean energy

sector to outperform, citing potential for continued growth in renewables and energy storage due to a supportive economic backdrop and falling costs., an aggregate of 30 stocks in the sector, is still down more than 27% from a recent peak on Jan. 7, having climbed 142% in 2020. "We believe the significant pullback in stock prices across the Clean Tech industry represents a rare buying opportunity, with relatively modest growth now implied in many stocks," the analysts wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sell

I wouldnt buy these pigs with your money

Pro Let me translate that for you in simple plain English: Morgan Stanley plan to dump their shares if these 5 companies on retail investors.

Pro Eh. Only PRO subscription..

Pro thanks for this news

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines