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
Investors should always be on the lookout for major industry growth trends and the companies leading them. If you look back on the best stocks of the last few decades, they were leaders in products like PCs, internet technology, streaming, and e-commerce. And the leaders in each industry ended up being massive growth stocks for investors.
There are opportunities in new industries today, and three stand out to me: video game technology, renewable energy, and real estate.
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Right now, there may not be a better industry to invest in than green energy stocks. The industry offers a great mix of growth potential and low risk. Industries like tech stocks may offer slightly more growth potential in the long run. However, investing in tech stocks is far riskier.
With renewable energy, there is far more certainty in your investments. First off, these stocks have resilient operations today. The generators that produce electricity are very defensive. Plus, these companies have long-term power-purchase agreements in place, so their sales are highly robust.
So, you can buy green energy stocks knowing they’re a relatively safe investment that offer major long-term growth potential. But why exactly is renewable energy one of the best industries to invest in today?
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