Author Bio
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
Energy stocks are in a state of flux early in 2021. Traditional oil and gas companies are looking at a potential future of declining demand as electric vehicle (EV) sales increase. But on the renewable energy side, wind and solar stocks that are taking market share are trading at nosebleed levels.
As investors balance this risk/reward dynamic, one company stands out as having macro tailwinds while offering a reasonable valuation for investors:
Brookfield Renewable