Morgan Stanley: Utility stocks to benefit from a blue sweep - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Morgan Stanley lays out 12 energy stocks set to soar in the wake of a 'blue sweep' in November's election

and pledged to revive the coal industry, it's done little to thwart the rise of clean energy.

Still, should there be a Democratic sweep in the November election, clean energy companies — and those who invest in them — stand to get a major boost. In a note Tuesday, Morgan Stanley said a Democrat-controlled Senate would likely result in several "more aggressive" policies that support clean energy. Those include a federal target for renewable energy, the extension or expansion of tax credits for wind and solar power, and perhaps even a national carbon tax.

The analysts laid out a dozen power companies set to benefit from those policies. To no surprise, many of them have made aggressive commitments to sell more clean energy. Patrick McMullan/Getty ImagesIf President Donald Trump is reelected — or former vice president Joe Biden wins the ticket, yet the Senate remains Republican-controlled — the analysts suspect that little will change as the industry transitions to cleaner forms of power.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden victory to help losing stocks at expense of leaders, JPMorgan says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me: Stock exchanges and policies need to be revamped
Source: BusinessInsider - 🏆 729. / 51 Read more »