Fossil Fuel Is Dying: Here Are 2 New Energy Stocks That Will Dominate The 2020s

Fossil Fuel Is Dying: Here Are 2 New Energy Stocks That Will Dominate The 2020s

I believe it’s safe to say that we’ll soon say goodbye to fossil fuels for good.

And I’m not the only one.

According to Richard Chatterton, the head of oil at BNEF, had this to say on the future of fuel:

Bottom line: The time for renewable energy has come — and I want you to be able to get in on the ground floor of its rise over the next decade.

Check out this week’s video for two profit plays.

New Energy CEOs Fire Back

First, let me read this quote to you. This comes from Jim Robo, the CEO of NextEra Energy, a $100 billion-plus company in the stock market.

“We see renewables plus battery storage without incentives being cheaper than natural gas and cheaper than existing coal and existing nuclear.”

In other words, the CEO of one of the largest utility companies in the world is telling you that the old is going to be replaced by the new. It is just a matter of time. The destination of the old is completely certain. It is going to be zero.

The place you want to be invested in is in the new; especially new energy stocks. You want to be in new energy companies if you are a growth investors.

For those of you who are a little bit scared or have never bought a stock or are new to me and say, “I don’t know who you are, Paul. Why would I go to you and hand you money?” Fair enough. We’re going to show you two different ways to make money.

The 2 Best New Energy Stocks (ETF ACtually)

The first way is for folks who are a little more conservative — perhaps you like a little bit of income. You should be buying the S&P 500 Utilities Select Sector SPDR Fund (NYSE: XLU). An ETF is just another kind of stock.

This ETF filled with some of the most conservative kinds of companies in our economy (including new energy stocks) and our markets and they are outperforming the S&P 500 by a lot. That’s because many of these companies are switching over to new energy. What they are finding is new energy is cheaper to collect and distribute than the old way of coal, natural gas, gasoline and diesel.

As a result, they are making more money. However, most investors think of these as old fashioned and think they only make a limited amount of money. As people discover it, they are bidding the stocks high. XLU is for you conservative investors who are looking for a little less growth but you get into the opportunity.

Growth number two is a stock that I have been telling you to buy for some time now: Invesco Solar ETF (NYSE: TAN). This gets you closer to the heart of this new energy revolution that is unfolding right now. It gets you into the solar companies and associated companies that use solar energy, which is becoming the primary new-energy source.

That’s my Bold Profits for you for this week. There is an extraordinary, massive shift coming in energy. It’s a three-trillion-dollar sector of the stock market and you want to be away from the old. You want to jettison out the window and get into the new.

You have two ways to get in. One for conservative investors — XLU, the utilities ETF — and for growth investors you want to be in TAN, the Invesco Solar ETF.

For more of my thoughts on investing and industry news as it happens, be sure to follow me on Twitter @MampillyGuru.

Regards,

Paul Mampilly

Editor, Profits Unlimited

P.S. Shameless plug alert! I told you about a killer ETF you can buy today to start making money on the new energy revolution. This is a great way to jet away from the old and collect the big bucks on the new. But if you want a bigger way to get in on this huge opportunity, you have to check out my Profits Unlimited. I’ve found a little-known company that is at the forefront of this energy revolution. They have the game-changing technology to bring energy into the new world. Click to find out what it is and how you can get it now.