Arrays of photovoltaic solar panels are seen at the Tenaska Imperial Solar Energy Center South in this aerial photo taken over El Centro, California, U.S., May 29, 2020. Picture taken with a drone.Alternative energy stocks, including those focused on solar, are on a tear this year due to falling costs as well as optimism around supportive policies from a Biden administration, and JPMorgan believes there's more upside ahead.
"Long-term fundamentals for the overall space remain compelling, and we think the industry is more suited to long-term investors than at any prior time during our coverage," the firm said in a recent note to clients. JPMorgan noted that the stocks in its alternative energy coverage universe have gained, on average, more than 130% this year compared with the S&P 500's roughly 7% rise. Still, the firm said the risk-reward continues to look favorable, especially for companies involved in distributed power generation.
Biden has outlined a $2 trillion climate and infrastructure plan that would push the U.S. to carbon-free power by 2035, with the country reaching net zero emissions by 2050. But even if President Donald Trump is reelected, or if Congress remains split, JPMorgan doesn't envision a drop-off for these stocks. The firm said that estimates and industry fundamentals would stay the same, although trading multipls could re-rate to levels seen prior to September's run-up.
Pro Is JPMorgan shorting those stocks? Just asking
Pro Why can’t the solar farms share space already sprawling, like parking lots and rooftops? Why take wild land? Jfc
Pro I buy that and Biden wants to sell another two trillion dollar plan to push for clean energy by mid 2030s
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Bitcoin has 'considerable' upside as it competes with gold, JPMorgan says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Mmmmhhhmmmm. Yeahhhhh JP Morgan doesn't want people buying gold or silver. It makes their manipulations that much harder. In September 2019, federal prosecutors charged Nowak and two other former J.P. Morgan precious metals traders, Gregg Smith and Christopher Jordan, with participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
These are the stocks to short when a COVID vaccine is ready, says JPMorganStrategists at JPMorgan have put together a list of companies that are at risk of steep drops when a coronavirus vaccine arrives. Most Life Insurance Co. Anybody still listening to jpmorgan ? Not sure which ones to short if we get a working vaccine. In the mean time funeral/cremation, burial related stocks are a good place to be for the next 12-16 weeks... longer if the lame duck is as vengeful as I think he is. Winter is coming.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Bet against 25 stocks on successful COVID-19 vaccine, JPMorgan says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
U.S. solar stocks rise on Biden's clean energy focus in pre-election debateU.S. solar stocks rose on Friday after U.S. Democratic presidential candidate Joe Biden said in the final pre-election debate on Thursday night that if elected he plans to transition to a more climate-friendly economy. Nice 👍 I'm pretty sure ANY republican and Trump are equally keen on economic power alternatives, so don't make this all about Biden as if he virtually invented the frigging stuff! Good.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Carbon Pledge Lifts Wind and Solar Stocks in ChinaChinese renewable-energy stocks have soared recently as investors believe the country’s drive to become carbon neutral will fuel heavy investment in wind farms and solar parks. they are dropping now. You people are so embarrassing you refuse to report a REAL NEWS STORY ABOUT biden son.... But everything about our President is fair game..... You are paying with your LOW ratings..... SAD AND UNACCEPTABLE... BUT NORMAL FOR THE FRAUD NETWORK.. And you know obama got a piece!!! No second virus wave on Cina? How it’s possible?
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »