Raymond James sees clean energy stocks jumping 30%-40% in 2023. Here are some favorite picks

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

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Raymond James sees clean energy stocks jumping 30%-40% in 2023. Here are some top picks

The new year should bring a boost to clean energy stocks, according to Raymond James. Despite solid underlying fundamentals, the sector had a dismal 2022 — the worst since the global financial crisis, analyst Pavel Molchanov said in a note Wednesday. The WilderHill Clean Energy Index lost 46% last year, he pointed out. Yet Raymond James is forecasting a 30% to 40% gain for the index this year.

Therefore, this idea is for those who have a high degree of risk tolerance, he said. "To be clear, we are not predicting that the stock will get back to its pre-Howden highs anytime soon. But we are of the view that the worst is in the rearview mirror. The financing package — a combination of secured and unsecured debt, and preferred and common equity — is locked in, so we no longer have to ponder what the cost of capital will be," Molchanov wrote.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Renewables (Intermittent energy) : The BidenAdministration has set aside hundreds of billions to inflate prices in this sector. None of which is slotted to repay fools who get wiped out by bankruptcies. tt:lizpeek berthacoombs

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين