Why Wind Turbine Maker Stocks Vestas and Nordex Are Now Attractive | Barron's

2022-11-12 20:51:33 By : Mr. Jeff Si

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https://www.barrons.com/articles/winds-turbine-energy-vestas-nordex-stock-51668091640 20 Mw Wind Turbine

Why Wind Turbine Maker Stocks Vestas and Nordex Are Now Attractive | Barron's

As world leaders gather at COP27, there is a scramble for alternative energy and the adage goes, “During a gold rush, sell shovels.” While wind turbine manufacturers have struggled in recent years, a new focus on profitability makes them an intriguing option ahead of an expected recovery,

An inflationary shock in the wake of the Covid-19 pandemic and Russia’s invasion of Ukraine caused multibillion-dollar losses that dragged down stocks by more than 30% from their 2021 peaks. 

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As world leaders gather at COP27, there is a scramble for alternative energy and the adage goes, “During a gold rush, sell shovels.

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Why Wind Turbine Maker Stocks Vestas and Nordex Are Now Attractive | Barron's

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