After a long slump, renewable energy stocks have begun to stage a comeback as inflation is starting to ease and interest rates are poised for a Federal Reserve cut in September.
It’s important to look at the big picture when considering renewable energy stocks. Undeniably, the renewable energy sector has vast potential, and it’s expected to keep growing. Overall, solar and wind power generation have expanded much faster than natural gas-fired generation in the U.S., while the use of coal continues to decline and nuclear energy development has stayed fairly level.
Here’s what our roundtable of experienced financial advisors had to say about the potential for renewable energy investments in the near future, in response to some of the most common questions on the topic in internet searches now.
This post originally appeared at U.S. News & World Report.