|Bid||55.89 x 800|
|Ask||56.00 x 800|
|Day's Range||55.66 - 59.03|
|52 Week Range||7.84 - 82.42|
|Beta (5Y Monthly)||1.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||55.73|
The road to renewable power generation has been paved, and more and more investors want to be along for the ride. Many people believe a Biden win will be a victory for renewable energy. As both residential and commercial solar generation grows, three stocks that should win no matter who gets elected are Enphase Energy (NASDAQ: ENPH), Sunrun (NASDAQ: RUN), and Brookfield Renewable Partners (NYSE: BEP).
There's no question that solar energy is the fastest-growing source of new energy in the world today. Initially, the increased competitiveness of solar energy will disrupt coal, nuclear power, and natural gas in power markets, but long term that's only the start. As more vehicles are powered by electricity and more electricity is coming from solar energy, it makes sense that solar is indirectly replacing oil, especially if you're charging an electric vehicle (EV) at home with rooftop solar.
The 2020 election is approaching, and in 2021 America might see a Green New Deal signed into law. If President Trump wins reelection, chances of a Green New Deal passing into law seem slim, inasmuch as the president has warned that "it'll kill millions of jobs" and said "I will not stand for it." Debating President Trump on Sept. 29, Vice President Biden insisted that "the Green New Deal is not my plan" and confirmed that "no, I don't support the Green New Deal."