Renewable Energy Stocks To Keep An Eye On – January 2nd

Quanta Services, WEC Energy Group, and NOV are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares of companies that produce electricity from renewable sources (solar, wind, hydro, geothermal, bioenergy) or that make the equipment, technologies, or services used in the renewable-energy sector. For investors, they provide exposure to the growth of the clean-energy transition but can be volatile and are influenced by policy changes, technology shifts, capital costs, and commodity or commodity-replacement markets. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

NOV (NOV)

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.