Clean tech and inexperienced power sectors are on the cusp of a robust multiyear progress run. That’s the opinion of Morgan Stanley’s 5-star analyst Stephen Byrd who notes that political will is more likely to assist the sensible advantages of fresh and renewable power to create a positive setting for ‘clean and green’ tech over the subsequent few years.
Outlining his view, Byrd writes: “We believe current valuations do not reflect the long-term robust growth and margin improvement that we see as a result of the IRA, driving our Attractive industry view… We highlight five themes impacting clean tech in 2023: (1) Focus on profitable growth and path to profitability, (2) IRA benefits materializing later than expected, (3) Supply chain easing in battery storage, driving strong growth and improved pricing, (4) Inflationary utility bills and deflationary distributed generation, and (5) Project announcements in green hydrogen.”
Against this backdrop, we have pulled up the most recent scoop on three…
2023-01-18 17:45:48 Morgan Stanley Says Now Could Be the Best Time to Buy Clean Tech Stocks; Here Are 3 Names With Strong Multiyear Growth Potential
Source from finance.yahoo.com
