Grand Pacific Trade Broker Says “Green Energy Stocks” Are Stable Despite Tough Challenges, Which Causes Wall Street Analysts To Be Surprised
London, UK, 5th Feb 2022, ZEXPRWIRE, With increasing demand for green energy, it is no surprise that many companies are trying to capitalize on this trend. However there has been little success in the market as most stocks receive low ratings from Wall Street analysts due their lack of growth potential and high-risk profile among other things – but don’t count these guys out! They have shown resilience time after again by coming back stronger than before despite tough challenges faced around industry trends such as cheap oil prices or increased renewable resources competition.
Grand Pacific TradeBroker Tony Nikolaou says the future looks bright with strong brands like First Solar (FSL) who own factories built exclusively using solar panels which produce electricity 24/7 without any greenhouse gases released into our atmosphere during production phase; thus, making them crucial players when talking about sustainable living.
However, in this article we’ll be covering a company which has been gaining a lot of popularity lately due to their latest project that was just signed with Apple (NASDAQ: AAPL) and it is not First Solar.
Instead we’re going to focus on SunPower Corp (NASDAQ: SPWR).
So, let’s get started by what the project is about so you can understand why demand for shares have been high recently.
The agreement between the two companies will see SunPower sell solar panels worth $848 million dollars to Apple over 2 years starting in 2017 through 2020 – meanwhile this is only phase one of the agreement since there are still 3 phases left! This means that if everything goes as planned investors should expect more good news in the near future.
SunPower is not only set to benefit from this agreement but they’ve also secured a deal with Total (NYSE: TOT); it’s no surprise considering their strong balance sheet which stands at over $1 billion dollars of cash and zero debt. SunPower was able to achieve this by continuously improving their products giving them an edge over competitors who sell lower quality panels; ultimately generating high margin revenue which justified their decision for buying back shares on the open market which they did three times through 2015 – 2016.
For those that don’t know, buybacks are done when company management believes that current stock price does not reflect its true value, so corporations repurchase shares outstanding thus increasing EPS (Earnings Per Share) since fewer shares are outstanding.
SunPower has also shown great resilience by adjusting their business model to the low oil price environment which put pressure on companies like First Solar who do not own factories – but SunPower has been able to adapt and continue growing throughout these challenging times which is no easy task.
Northland Power has been the recipient of many favorable analyst comments recently, with rated Buy opinions from seven out ten Analysts in three months. In fact, only two people say they have not seen enough positive factors to recommend selling yet-and those who do are predicting an average price target at 27%. The average is $17.
Those who are bullish about Northland Power have written reports on the stock with targets between $23 and $28, based purely upon their analysis of price-to-book value multiples. The most recent analyst target is 26% higher than the current price! If you’re interested in learning more about this stock check out here.
Northland Power Inc (USA) (NYSEAMERICAN: NPI) is a leader in clean energy generation in Canada and Europe with wind power being their main focus for expansion. They currently maintain 600MW of installed capacity through out all their assets which they own through both equity investments as well as direct ownership. They are also one of my personal favorite stocks to invest in since they pay a dividend of $0.205/share which equals to approximately 5% based on today’s price; plus, the management has shown great discipline by increasing payout ratio over time without jeopardizing financial goals.
The company has also improved its ESG profile by focusing on wind power in 2014. However, it is now providing 60% of the adjusted EBITDA that came from this source two years ago- making for an excellent opportunity to buy stock at just about any price point.!
Investors who are interested in Northland Power Inc (USA) (NYSEAMERICAN: NPI) should also see the following companies that I am sharing today: Trina Solar Limited (ADR) (NYSE:TSL), Canadian Solar, and SunEdison.
SunEdison is a company of high-class professionals who generated $2.3 billion dollars in sales last year through development and sales on renewable energy projects such as wind farms or solar parks – which they own/finance to add on top of their current cash balance of $1.7 billion plus another $900 million from tax advantaged investments; cash will come soon after closing pending deal on Terraform Global & Latin America assets sale.
With all this information in hand I’m sure you’ll agree with me that now is the right time to buy shares due to stock performance having fallen sharply lately despite leading companies like Apple placing orders for their panels.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.