The Zacks Analyst Blog Highlights: NextEra, Enviva, Brookfield Renewable, Renewable Energy And NextEra
Zacks Investment Research | Feb 12, 2019 09:15PM ET
For Immediate Release
Chicago, IL –February 13, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NextEra Energy Partners, LP (NYSE:NEP) , Enviva Partners, LP (NYSE:EVA) , Brookfield Renewable Partners L.P. (NYSE:BEP) , Renewable Energy Group, Inc. (NASDAQ:REGI) and NextEra Energy, Inc. (NYSE:NEE) .
Here are highlights from Tuesday’s Analyst Blog:
4 Solid Renewable Energy Stocks Investors Will Love
Worries about solar panel tariffs in the United States and policy decisions in China to slow down renewable power development have affected the renewable power industry. But, the long-term outlook remains bright.
After all, the United States sourced nearly 15% of its electricity from solar panels, wind farms and hydroelectric dams last year. And it can’t be denied that this trend will rise this year. Wind power is poised to eclipse hydropower in 2019 as the country’s leading renewable energy source, and that hasn’t happened in over a 100 years. In fact, the U.S. Department of Energy expects solar energy to outshine the other renewable sources by 2030, when the country will lean toward solar alone to generate at least 30% of its electricity.
And we can’t forget that the organizers of the 2020 Olympic Summer Games to be held in Tokyo are looking to use 100% renewable energy, something that bodes well for the related stocks. The press facilities, international broadcasting center and athletes’ villages will also be powered primarily by solar and wind energy.
Thus, investors should start the search for well-managed renewable energy businesses. NextEra Energy Partners, LP, Enviva Partners, LP, Brookfield Renewable Partners L.P. and Renewable Energy Group, Inc. are good places for a start. Here is why —
NextEra Energy Partners Benefits From Parent Company
NextEra Energy Partners is predominantly a dividend growth oriented public company, created by NextEra Energy, Inc., the world’s largest publicly traded utility. NextEra Energy Partners thus acquired 1,400 megawatts of wind and solar assets from NextEra Energy Resources to expand its portfolio to 4,100 megawatts of wind and 600 megawatts of solar last year. In the process, NextEra Energy Partners has gained considerable advantage over peers, and its adjusted EBITDA and cash available for distribution (CAFD) are also poised to rise in the near term.
Get The News You Want
NextEra Energy Partners currently, has a Zacks Rank #2 (Buy). In the past 60 days, four earnings estimates moved north, while three moved south for the current year. The Zacks Consensus Estimate for earnings rose 6.7% in the same period. You can seeOriginal post
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