JPMorgan on clean tech stocks: It's going to get worse before it gets better

There could be more pain ahead for clean technology stocks — but there may be a buying opportunity for long-term investors, according to JPMorgan. Analyst Bill Peterson said clean technology stocks have seen sentiment become even more challenged following the second-quarter earnings cycle, as investors struggle to digest sliding demand trends, inflation and project delays.

But he also emphasized that the recent pullback also presents a buying opportunity for longer-term investors, even if third-quarter earnings are muted. Here's a few of the names he recommends: For investors looking for places to hide in the sector, he said hydrogen and electric vehicle charging are considered relatively safer in the long term, even though the upcoming third-quarter earnings reports will likely be muted.

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Fuente: Reuters - 🏆 2. / 97 Leer más »