Maxx’s Top Stock for May 2021
May 1, 2021
For all the doom and gloom about the country’s efforts to address climate change, there are actually many reasons for optimism. Wind and solar comprise the overwhelming majority of power additions in the national pipeline, which puts the nation on pace to generate up to 40% of its electricity from the renewable duo by 2030. Well, that was the pace without government intervention. If recently proposed federal tax incentives become law — a likely scenario — then investors need to accelerate their timelines.
7investing Lead Advisor Maxx Chatsko’s recommendation for May 2021 is leading the nation’s efforts to decarbonize the power sector and enable electric vehicles. In fact, the company’s industry-leading investments to date make it well positioned to capture significant benefits from new federal policies, including accelerating growth plans, making more confident investments even further into the future, and freeing up capital for additional growth opportunities.
A market-beating investment for the energy transition.
Hey everyone, I’m 7investing Lead Advisor Maxx Chatsko. Here at 7investing we empower you to invest in your future by giving you our seven best stock market opportunities each and every month, each backed by the domain competence of one of our lead advisors.
My recommendation for May 2021 is a low-risk, dividend-paying stock. But don’t let that fool you: This stock has beaten the S&P 500 in almost every comparison period. I think that gap could widen further over the next decade.
The business is leading the energy transition — defined as the move to zero-carbon power generation, and electrification of transportation. It owns some of the best geography on the planet for onshore wind and utility-scale solar.
And although power generation plans are typically decided at the state level, the overwhelming support for new policies at the federal level significantly expands and accelerates the company’s growth opportunities. It could free up more capital, sooner, and also provide greater visibility and certainty for the company’s long-term investments.
We could also see the company expand into new areas, such as electric vehicle infrastructure and even software solutions.
If you want to know what this company is, if you’re curious, then please go to 7investing.com to read my full research report. We are here to help empower you to invest in your future. We are 7investing.