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:
- NextEra has a strong track record of success. The company has been in business for over 100 years and has a proven track record of profitability and growth.
- NextEra is a diversified company. The company has a portfolio of wind, solar, and natural gas projects. This diversification will help NextEra to weather the ups and downs of the energy market.
- NextEra is a leader in clean energy. The company has been a vocal advocate for clean energy policies and has made significant investments in renewable energy projects.
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.