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Stock impact report

Buy the postelection dip in renewable energy stocks amid 'unrelenting' demand for power, UBS says [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
Renewables have slumped as investors expect Trump to scale back clean-energy initiatives. The recent sell-off in renewable energy stocks might be an opportunity to get in cheap, analysts at UBS said this week. They wrote in a note on Thursday that US and EU renewables have jumped to their top-ranking stock theme in recent weeks after the sector saw steep losses in the wake of Donald Trump 's election win. Now, with a cheap point of entry and huge and growing demand for power, it might be time to jump into the space, the analysts said. "The environment of an unrelenting power demand shock puts just about every source of power generation in a solid position to capitalize. Against a backdrop where positioning was not overweight, it seems the sentiment-driven downdraft presents an attractive entry point," the analysts said in a Wednesday note. The analysts said their optimism about surging power demand comes from rapid growth in AI and data center buildouts to power the technol Show less Read more
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