Trumps Win Is Crushing Renewable Energy Stocks Why This One Is Gaining

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Trump’s Win Is Crushing Renewable-Energy Stocks. Why This One Is Gaining.
Trump’s Win Is Crushing Renewable-Energy Stocks. Why This One Is Gaining. from

Trump’s Win Is Crushing Renewable-Energy Stocks. Why This One Is Gaining.

The election of Donald Trump has sent shockwaves through the renewable-energy industry.

Many investors are fleeing the sector, fearing that Trump's pro-fossil fuel policies will make it difficult for renewable-energy companies to compete.

But one renewable-energy stock is bucking the trend: NextEra Energy (NEE).

NextEra is a leading provider of renewable energy in the United States, with a portfolio of wind and solar projects. The company has also been a vocal advocate for clean energy policies.

NextEra's stock price has risen by more than 10% since the election, while the broader market has fallen by more than 2%. This suggests that investors are betting that NextEra will be able to weather the storm and continue to grow in the Trump era.

Here are a few reasons why NextEra is likely to continue to do well, even under a Trump administration:

While the election of Donald Trump is certainly a challenge for the renewable-energy industry, NextEra Energy is well-positioned to continue to succeed. The company's strong track record, diversified portfolio, and leadership in clean energy make it a good bet for investors who are looking for a long-term play in the renewable-energy sector.