3 Wind Stocks to Grab Global Growth

Worldwide investment in renewable energy is ramping up and wind stocks are likely to take a piece of that pie. Here are three worth watching.

offshore wind farm
(Image credit: Getty Images)

The friction between Russia and Ukraine has again brought to the forefront the importance of renewable energy sources, as it has become apparent how dependent Europe is on Russia for the supply of fossil fuels.

In reaction, the European Union in early March unveiled a new plan to accelerate near-term deployment for renewables by 20% – a move BofA Securities strategists say boosts the outlook for wind stocks and other green energy investments.


Data is as of March 13.

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Shrilekha Pethe
Contributing Writer, Kiplinger.com

Shrilekha Pethe has been extensively covering and writing about the U.S. financial markets since 2015. Prior to writing about the world of finance, Shrilekha worked as an equity research analyst for a bulge-bracket client in investment banking, Credit Suisse. Her sole objective is to help investors make better and informed decisions. Her core competency lies in analyzing stocks across different sectors, from technology to mining, and banking to oil and gas. She holds a postgraduate degree in finance from ICFAI Business School, Pune, and is currently on her way to becoming a Certified Financial Planner. Shrilekha has been writing for TipRanks since January 2021. You can contact Shrilekha on LinkedIn.