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
Warren Buffett: I Hope You Have Some Cash Ready fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
Investors just starting a portfolio and building a solid foundation for the future should be investing throughout the market s ups and downs. Dollar cost averaging is a good way to do that, whether it s automated through a 401(k) or by using a disciplined approach with a brokerage account. This strategy buys you more shares when prices are lower, and fewer when valuations are higher.
On Tuesday, the
Amazon.com (NASDAQ:AMZN) founder and CEO Jeff Bezos announced that he will be stepping down as the company’s CEO later this year. But he’s not yet retiring from work. Bezos will continue to serve Amazon as its executive chair of the Amazon board. In January, he slipped to the world’s second-richest-person spot.
Tesla CEO Elon Musk raced ahead of him to become the world’s richest person last month.
Is Jeff Bezos retiring from Amazon?
In 2018, Bezos became the world’s first centibillionaire a person with over US$100 billion of wealth. Before founding Amazon in July 1994 with the name Cadabra Inc., Bezos remained unknown to the world. A few years later, his consistent efforts for Amazon’s expansion made his online venture a full-fledged e-commerce portal.