Tesla‘s stock has had such a good year in 2020 that it’s worth asking if the upside for investors is worth the price. Shares trade at over 14 times sales and minuscule earnings make the P/E ratio astronomical. Still, investors love the long-term potential of Tesla because of its ability to disrupt the energy sector.
But Tesla isn’t the only disruptive renewable energy stock on the market, and there are opportunities to find growth in much smaller stocks. Bloom Energy (NYSE: BE), Enphase Energy (NASDAQ: ENPH), and Atlantica Sustainable Infrastructure (NASDAQ: AY) all have a lot of long-term potential, and three of our energy contributors think they’re better buys than shares of Tesla today.
The future of energy
Travis Hoium (Bloom