Read on for our list of top 5 best renewable energy stocks in Canada right now.
This list of the best renewable energy stocks in Canada is meant to help you conduct your own research in finding the best renewable energy stocks to buy right now. It is not investment advice. No single stock or list of stocks will suit all investors, and we all have different goals and needs.
Whether you care more about short-term capital gains or long-term dividend growth, it’s important to know whether a stock is performing well, making a profit, paying dividends or going backwards. Always remember that past performance does not guarantee future results. Investments can go up and down in value.
We used Finder’s proprietary algorithm to identify the best renewable energy stocks listed on the TSX based on price, performance, profit, revenue and dividends. Our fundamental analysis filters stocks by taking into account historical prices, dividends, revenue growth, (low) price volatility and profit margins.
To avoid smaller, more speculative stocks, we only include companies with a market cap of more than CAD $200 million. In order to better compare historical data, we filtered out stocks that have been listed for less than five years.
We do not guarantee the performance or returns of any investment. Our methodology might filter out some good stocks, so our decision to include or exclude a stock from this list does not indicate whether it’s a good or bad investment. For more info about our algorithm, check out our stock ranking page.
The algorithm was last updated 27 January 2021. This list and data was compiled July 8, 2021.
To invest in any of these stocks, you’ll need a brokerage account. Compare online stock trading platforms below and click “Go to site” to get started.
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.
ESG investing continues to gain popularity, and investing in renewable energy is not just a good way to align your investments with your values. With companies like Lucid Motors reaching astronomical valuations, green energy companies are on the rise. Our top 5 Canadian renewable energy picks are companies that own, operate and/or develop green power facilities and renewable energy projects.
Your guide to how ETFs work and whether this type of investment is right for you.
Read more…
Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.
Read more…
Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.
Read more…
Learn how to research stocks and find the right investment opportunities in 4 steps.
Read more…
Market volatility can be nerve-wracking. Discover 3 trading strategies plus the pros, cons and risks of investing in volatile markets.
Read more…
Find out the key differences between the Dow Jones and S&P 500 plus key points to consider before investing.
Read more…
Finder’s unique algorithm found the 20 best TSX stocks to buy right now.
Looing for the best performing ETF in Canada? Explore the best Canadian ETFs on the TSX for dividend, REIT, bond investing and more.
Whether you’re a new or experienced investor, these are the best stock trading platforms and apps in Canada.
Everything we know about the Reddit IPO plus information on how to buy in.
Everything we know about the Lamborghini IPO plus information on how to buy in.
Buying US stocks in Canada is easier than you think. Find out how to buy US stocks in 4 simple steps.
Find out how to invest in the S&P 500 in Canada—one of the world’s most popular stock indices—to diversify your portfolio.
Check out the pros and cons of BMO’s self-directed trading platform in our InvestorLine review.
Want to know how to buy and sell stocks in Canada? Find out what you need to know in this simple, step-by-step guide.
