Best Renewable Energy Stocks To Watch Now – June 1st

Southern, Quanta Services, Bank of New York Mellon, Rockwell Automation, and EMCOR Group are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in publicly traded companies that generate, develop or distribute power from renewable sources such as solar, wind, hydro, and geothermal. By investing in these equities, shareholders gain exposure to firms driving the transition away from fossil fuels toward cleaner, more sustainable energy. Their performance is often influenced by technological breakthroughs, government policies on carbon reduction, and fluctuating demand for green power. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Shares of Southern stock traded up $1.19 during midday trading on Friday, reaching $89.94. 10,681,858 shares of the company’s stock traded hands, compared to its average volume of 4,515,872. The company has a market cap of $98.85 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 3.01 and a beta of 0.40. The company’s 50 day simple moving average is $89.89 and its 200 day simple moving average is $87.24. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67. Southern has a 52 week low of $76.96 and a 52 week high of $94.45.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Shares of Quanta Services stock traded up $2.30 during midday trading on Friday, reaching $342.04. 1,655,321 shares of the company’s stock traded hands, compared to its average volume of 1,548,252. The company has a market cap of $50.71 billion, a price-to-earnings ratio of 56.72, a price-to-earnings-growth ratio of 1.41 and a beta of 1.02. The company’s 50 day simple moving average is $295.98 and its 200 day simple moving average is $303.24. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. Quanta Services has a 52 week low of $227.08 and a 52 week high of $365.88.

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

NYSE:BK traded down $0.42 during midday trading on Friday, reaching $88.65. The stock had a trading volume of 6,337,730 shares, compared to its average volume of 4,073,595. Bank of New York Mellon has a 1-year low of $57.18 and a 1-year high of $90.63. The firm’s fifty day simple moving average is $82.36 and its 200-day simple moving average is $82.24. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.69 and a quick ratio of 0.70. The stock has a market capitalization of $63.42 billion, a P/E ratio of 15.26, a PEG ratio of 0.97 and a beta of 1.05.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

NYSE:ROK traded up $0.25 during midday trading on Friday, reaching $315.18. The stock had a trading volume of 1,520,895 shares, compared to its average volume of 875,903. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $316.22. The firm’s fifty day simple moving average is $264.87 and its 200-day simple moving average is $277.40. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.72. The stock has a market capitalization of $35.53 billion, a P/E ratio of 39.25, a PEG ratio of 3.53 and a beta of 1.32.

EMCOR Group (EME)

EMCOR Group, Inc. provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.

NYSE:EME traded up $2.94 during midday trading on Friday, reaching $471.20. The stock had a trading volume of 807,378 shares, compared to its average volume of 455,944. EMCOR Group has a 1-year low of $319.49 and a 1-year high of $545.30. The firm’s fifty day simple moving average is $413.49 and its 200-day simple moving average is $441.77. The stock has a market capitalization of $21.09 billion, a P/E ratio of 23.93 and a beta of 1.18.