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3 Alternative Energy Stocks JPMorgan Says You Can Rent To Own

8point3 Energy Partners LP NASDAQ:CAFD, TerraForm Power NASDAQ:TERP - 3 Alternative Energy Stocks JPMorgan Says You Can Rent To Own
  • Solar stocks have fallen approximately 35 percent since July, while the S&P 500 lost around 5 percent.
  • Paul Coster of JPMorgan commented in a note that solar fundamentals are "largely unchanged" and that the growth opportunity "continues to accumulate."
  • Paul Coster of JPMorgan commented in a note on Thursday that the recent pullback in alternative energy stocks, specifically YieldCos, has created an "opportunity" to buy three "largely de-risked" stocks that offer "attractive" dividend yields. The companies include: 1) 8Point3 Energy Partners, 2) TerraForm Power and 3) TerraForm Global.

    Coster continued that these three companies are well positioned to acquire projects from their sponsors following recent capital...


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