The medium-term outlook for renewable energy needs to be properly assessed before investors buy into the sector.
No one said investing was easy, and that’s definitely the case with the renewable energy sector right now. The long-term outlook remains very positive, but I think investors should be stock selective and prepared for potential disappointments along the way. It’s not going to be smooth sailing.
That said, there are ways to play the renewable energy theme, and I think investors should be looking at some of the less touted names, such as General Electric (NYSE:GE) and Siemens Energy (OTC:SMEG.F). Let’s take a closer look at why.