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Technology might have been the top sector in 2020, but the renewable energy sector wasn’t far behind. And for both sectors, I think we’ll see the growth continue through 2021.
Valuations of some of the high-flying tech stocks are getting rather high, raising concerns of a potential tech bubble. Whether or not that’s true, an eventual pullback in the tech sector should not come as a surprise.
Renewable energy stocks might not be able to match the growth levels that investors are seeing in the tech sector, but valuations are much more reasonable. In addition to attractive valuations, the long-term growth potential of the green energy sector has never seemed so evident.