3 Reasons Renewable Energy Stocks Are in Trouble

Source The Motley Fool

Renewable energy stocks have been crushed over the past week on speculation the industry's subsidies will change. In this video, Travis Hoium explains just how important subsidies are to some of the biggest renewable energy companies in the industry and what they should expect next.

*Stock prices used were end-of-day prices of Nov. 6, 2024. The video was published on Nov. 7, 2024.

Should you invest $1,000 in First Solar right now?

Before you buy stock in First Solar, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and First Solar wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $912,352!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of November 4, 2024

Travis Hoium has positions in First Solar. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends First Solar. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Why Trump Media Stock Is Plummeting TodayDespite Donald Trump's victory in the presidential election, Trump Media stock is losing ground today. While there isn't any new business-specific news for the company or unfavorable political developments for Donald Trump, the social media specialist's share price is moving lower as investors move to take profits on the stock.
Author  The Motley Fool
12 hours ago
Despite Donald Trump's victory in the presidential election, Trump Media stock is losing ground today. While there isn't any new business-specific news for the company or unfavorable political developments for Donald Trump, the social media specialist's share price is moving lower as investors move to take profits on the stock.
placeholder
GBP/USD Price Forecast: Faces rejection near 100-day SMA, holds above mid-1.2900sThe GBP/USD pair struggles to build on the previous day's positive move and faces rejection near the 100-day Simple Moving Average (SMA) during the Asian session on Friday.
Author  FXStreet
12 hours ago
The GBP/USD pair struggles to build on the previous day's positive move and faces rejection near the 100-day Simple Moving Average (SMA) during the Asian session on Friday.
placeholder
Why Arm Holdings Stock Was Moving Higher TodayShares of Arm Holdings (NASDAQ: ARM) were moving higher after the chip-design company posted better-than-expected results for the fiscal second quarter and reaffirmed its guidance for the full year.
Author  The Motley Fool
12 hours ago
Shares of Arm Holdings (NASDAQ: ARM) were moving higher after the chip-design company posted better-than-expected results for the fiscal second quarter and reaffirmed its guidance for the full year.
placeholder
Rivian stock rises despite revenue miss in Q3Electric vehicle maker Rivian Automotive (NASDAQ:RIVN) saw its stock rise 3% despite reporting third quarter revenue that fell short of analyst expectations.
Author  Investing.com
12 hours ago
Electric vehicle maker Rivian Automotive (NASDAQ:RIVN) saw its stock rise 3% despite reporting third quarter revenue that fell short of analyst expectations.
placeholder
Gold price slides back below $2,700 mark amid modest USD strengthGold price (XAU/USD) struggles to capitalize on the previous day's solid rebound from the 50-day Simple Moving Average (SMA) support near the $2,643 area, or over a three-week low and attracts some sellers during the Asian session on Friday.
Author  FXStreet
12 hours ago
Gold price (XAU/USD) struggles to capitalize on the previous day's solid rebound from the 50-day Simple Moving Average (SMA) support near the $2,643 area, or over a three-week low and attracts some sellers during the Asian session on Friday.
goTop
quote