Perhaps the only upside to war — if there’s even such a thing — is the fact that it creates new profit opportunities in the stock market.
The Energy sector is making new highs thanks to the potential shortage due to sanctions against Russia. Don’t get me wrong, energy stocks are super bullish and have been leading the Cumulative Strength Index (CSI) scan I run daily…
But while everyone and their mother turns to energy, there’s actually an even better group of stocks to trade…
I’m talking about the top renewable energy stocks for 2022!
2 Top Renewable Energy Stocks for 2022
The last time several countries imposed heavy sanctions against Russia was when it invaded and annexed the Crimean Peninsula from Ukraine in 2014.
Oil prices spiked for a few weeks then, too…
But look at what happened toward the end of that year…
During the Crimea invasion of 2014, the iPath Pure Beta Crude Oil ETN (NYSEArca: OIL) spiked and then fell back just as fast!
So that’s the main reason why we should start targeting the top renewable energy stocks for 2022.
I mean, the renewable energy industry will only become that much more relevant and important in light of the faster need for national independence and energy needs.
Sanctions against Russia will also remind people once again that we need to keep an eye on the future… And whether you believe it or not, the future is all about renewable energy.
As we start to see a cooldown in traditional energy stocks, nontraditional energy companies will begin to heat up…
So make sure to keep tabs on that over the next several months!
Check out my short video below to get the top renewable energy stocks for 2022 on my list.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. Wartime is a time to get offensive, not defensive when it comes to your portfolio…
While our first instinct might be to react in fear, smart traders know pricing usually happens before the event… In other words, now is the time when many stocks are bottoming out.
It’s bargain-hunting season, folks!
And I’m giving away six stocks that could come out on top after the Russia-Ukraine crisis, and showing everyone how to use them to our advantage.