Three Energy Stocks Set To Win Big In 2021
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The energy sector has been one of the hardest hit by the Covid-19 pandemic, mostly due to widespread lockdowns and the resultant collapse in fuel demand. However, one corner of the energy market has actually been thriving: Clean energy. The sector’s favorite benchmark, iShares Global Clean Energy ETF (ICLN), has returned 124% YTD vs. 24% by the S&P 500. Those impressive returns appear well-deserved, though. The International Energy Agency’s (IEA) 2020 Outlook points to the highest-ever share of newly built generation capacity for…
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