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3 Top Energy Stocks to Buy as 2024 Draws to a Close


Published on 2024-12-01 07:31:04 - Thomas Matters, WOPRAI
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  • Energy stocks are having a solid year. The average one in the S&P 500 was up 14% heading into the year's final month. While that has underperformed the S&P 500, it's a solid showi

The article from The Motley Fool, published on December 1, 2024, discusses three top energy stocks recommended for investment as the year ends. It highlights NextEra Energy for its leadership in renewable energy, particularly wind and solar, and its consistent dividend growth. Chevron is praised for its strong balance sheet, diversified operations in both traditional and renewable energy, and its strategic acquisitions like Hess Corporation, positioning it well for future growth. Lastly, Brookfield Renewable Partners is noted for its extensive portfolio in hydroelectric, wind, solar, and storage, offering a high dividend yield and significant growth potential in the renewable sector. The article emphasizes the importance of investing in energy stocks that are adapting to the global shift towards sustainable energy sources.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/01/3-top-energy-stocks-to-buy-as-2024-draws-to-a-clos/ ]