Is it a good idea to invest in solar/renewable energy stocks? (US)
Hi guys, has anyone invested in solar companies before? What do you think about that? We have all heard stories that the solar industry is booming, even google and shell oil are investing it. Solar looks like a stable market, but I could not say that for individual companies, they rise and fall to fast.
And the coal industry is definitely falling down but is it a really good idea to start piling solar stocks? Would you do that? And if you would, would you invest in some local company or in a global one? Here in Califonia, solar is now even obligatory, but I am still not sure that it is a good investment.
Last edited by MT5 Administrator; 02-19-2019 at 07:24 PM.
Renewable energy are the future of our planet as the fossil fuels continue to deplete and increase the global warming. These will stay and the world will slowly shift towards adopting them. Given this, I think that the solar stocks would have a great potential in the coming years. I would prefer stocks of a solar company which is Global, rather than a local one. This is because where I am from, Solar might not be that famous but in other areas of the world, its already booming. With such a future in sight, its a good idea to buy stocks in global solar companies which are are cheap now and have a potential for exponential growth.
Ya solar company is the future in next 5 year because people are know today the benifit of solar plant and they heavily invested on it if trader can invest now in solar then he can get triple profit within 2 years it is confirmed i also thinking to invest in solar energy companies
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