5 Best Wind Energy and Renewables Stocks to Buy in 2021

Page 5 of 5

1. Brookfield Renewable Partners L.P. (NYSE: BEP)

Number of Hedge Fund Holders: 20   

Brookfield Renewable Partners L.P. (NYSE: BEP) is a Bermuda-based energy firm. It is ranked first on our list of 10 best wind energy and renewables stocks to buy in 2021. The company is one of the largest renewable energy firms in the world with clean energy plants in North America, South America, Europe, and Asia. The company primarily generates electricity through wind, hydro, solar, and other clean generators. It owns and operates more than 100 wind farms. Brookfield stock has returned more than 36% to investors in the past year. 

On May 4, Brookfield Renewable Partners L.P. (NYSE: BEP) posted quarterly earnings for the first quarter of 2021, reporting a revenue of more than $1 billion, down close to 3% year-on-year, but beating market estimates by more than $92 million.

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Ecofin Ltd is a leading shareholder in the firm with 280,135 shares worth more than $12 million.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

Page 5 of 5