There\u2019s a lot of interest in renewable energy stocks these days\u2026 The electric vehicle sector was one of 2020\u2019s hottest. This had some spillover effects for the best renewable energy stocks of 2020. 2021 brought even more momentum to renewable energy stocks. A big catalyst is President Biden\u2019s $2 trillion infrastructure and climate change bill \u2014 The American Jobs Plan. $100 billion has been earmarked to \u201creenergize America\u2019s power infrastructure.\u201d It\u2019s supposed to lead to at least one million new renewable energy and energy efficiency jobs per year. This has brought even more attention to the best renewable energy stocks. But it\u2019s not just good news that moves stocks. Every big oil spill means good PR for renewable energy. To me, that\u2019s a good thing. We need to stop having incidents like the 4,000-ton oil spill that happened in Mauritius last year. https:\/\/twitter.com\/timothysykes\/status\/1292518690613846016 This donation was part of a\u00a0$1.6 million donation made by my charity Karmagawa. I\u2019m proud to have helped wildlife and coral reefs with this donation. But you know what would have been better? Not having to deal with oil spills in the first place\u2026 That\u2019s one argument for trading renewable energy companies\u2019 stocks. And the market\u2019s taking notice. Is Renewable Energy a Good Investment? People ask me how to invest in renewable energy stocks often when they see how much effort I put into charity. And many are interested in green investing. This kind of socially responsible investing targets environmentally friendly companies. Investing in renewable energy stocks can be part of this strategy. But here\u2019s the deal \u2014 I don\u2019t invest in renewable energy stocks or any stocks... I trade stocks, usually for just minutes. For 20+ years, I\u2019ve used the same patterns. I share everything I do. Here are few ways to start for no cost: \tMy penny stock guide is a great start for newbies. \tMy \u201c30 Trading Videos in 30 Days\u201d YouTube playlist takes you through trading basics. \tAnd my YouTube channel has over 1,400 videos on patterns, interviews, and more. \tFollow my Facebook page to keep up with all the content I post there. Following my patterns and rules is how I made almost $1.2 million in 2020 and over$785,000 so far in 2021* \u2026 All of which I donated to charity. It\u2019s how I\u2019ve made $7 million from trading.* (*Please note that these kinds of trading results are not typical and do not reflect the experience of the majority of individuals using our products. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. It takes years of dedication, hard work, and discipline to learn how to trade. Individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.) Top Renewable Energy Stocks The stocks I target in the renewable sector look like the stocks on my other watchlists... They\u2019re stocks with solid news catalysts and a\u00a0history of running. And they\u2019re low float, so heightened demand can really move their prices. They can be pumps, so I limit my risk accordingly. I never believe in these sketchy stocks. I watch the price action and react to it. I don\u2019t believe in there being \u2018best stocks\u2019 for renewable energy or any other sector. And that doesn\u2019t limit me. It opens me up to any stock that has a\u00a0chart I like. https:\/\/www.youtube.com\/watch?vvrSI-N7e-T4 10 Renewable Energy Stocks to Watch I don\u2019t trade random stocks. That yields random results. You must put thought into the stocks you trade. That means building watchlists to help you learn about the stocks on your scans. See more of how I build my watchlists and sign up for my NO-COST weekly watchlist here. I also maintain several watchlists every day... \tEvery Monday, get my top penny stocks to watch here. \tLove sectors? Check out the top biotech penny stocks on my list. \tOn Tuesdays, Thursdays, and Fridays, I update my higher-priced stock watchlist here. Remember \u2014 I\u2019m not telling you which renewable energy stocks to buy. I\u2019m showing you my process so you can build your own watchlist. And here I\u2019m sharing why I\u2019m watching each stock. Do your research! 1. First Solar (NASDAQ: FSLR) FSLR came roaring back from a March 2020 dip to hit a nine-year high in October. Then it trended upward until it peaked in January. Now it\u2019s back at those October levels, waiting for the next catalyst. Its production capacity is set to ramp up by nearly 50% over the next year\u2026 That next catalyst might be just around the corner. 2. SunRun (NASDAQ: RUN) It\u2019s been a wild year for SunRun \u2014 from the high $7s last March to over $100 in January! It\u2019s pulled back from its early 2021 highs by 50%, on some very tradable volatility. With stock analysts forecasting a recovery, RUN might still have some runs in store. 3. Sunnova (NYSE: NOVA) Take a look at NOVA\u2019s chart and you\u2019ll see something familiar \u2014 a series of runs into 2021, then a pullback. When a renewable energy company\u2019s stock follows sector trends, it tells me something important\u2026 Other traders have this stock on their watchlists. When an industry catalyst hits, the stock might run. When other renewable stocks are running, it might run insympathy. 4. NextEra Energy (NYSE: NEE) Unlike the first three stocks, NextEra Energy isn\u2019t dedicated to solar. It\u2019s the largest U.S. utility by market capitalization. The majority of its earnings come from fossil fuel sources. It\u2019s been moving into renewables in a big way though. Its renewable energy capacity is on track to eclipse traditional sources by 2024. This balance has helped it withstand some of solar\u2019s recent turbulence. Through January it was at all-time highs\u2026 Its recent trend points to it heading there again. 5. TPI Composites (NASDAQ: TPIC) This wind power stock had a big sell-off in February after its last earnings report. Sales slowed down \u2026 The company cut five production lines to meet this decreased demand. Like other renewable energy stocks, TPIC surged on Biden\u2019s plan. As a leading wind energy firm, it might recover some of its momentum soon. 6. Daqo New Energy (NYSE: DQ) This solar panel parts maker had an outstanding late-2020\/early-2021 run. At the start of September, it had already made a recovery to all-time highs. From there it rallied by almost 600% through mid-February. Now it\u2019s lost about 50% of its peak value. Is it overvalued? Undervalued? I\u2019m not looking at renewable energy stocks to invest in them, so I don\u2019t really care\u2026 But it seems a safe bet to say DQ will have moves ahead of it. And moves in either direction can make for good trades. 7. Array Technologies (NASDAQ: ARRY) Most solar company stocks saw a bounce after Biden\u2019s late-March announcement. Not this ground-mounting systems maker, which has had a choppy path since its mid-2020 IPO. The company chose a weird time to flood the market with a\u00a0secondary offering. When it released 31 million new shares to the market in mid-March, it undercut the price ARRY had been trading at. This was another bump for the stock \u2026 It had already been reeling from multiple analysts reducing its 2021 price target. But the company is still doing well in terms of profits. Once the stink of its bad news wears off, this stock may see a reversal. 8. Enphase Energy (NASDAQ: ENPH) Enphase had been riding a hot streak, up almost 1,000% from its 2020 lows to 2021 highs. Like the other stocks on this list, it\u2019s since pulled back\u2026 Some think the stock is overvalued. But its profits dwarf other companies on this list. The market for the solar chargers it makes seems to only be growing. 9. SolarEdge Technologies (NASDAQ: SEDG) SolarEdge is another solar stock that had a meteoric rise over the past year. It came up more than 450% off its March 2020 lows before its recent slump\u2026 getting as high as $380 a share! Now it\u2019s chopping along in the mid-$200s. But some still think it\u2019s overvalued. It could be due for another plunge in the near future. 10. Brookfield Renewable Corporation (NYSE: BEPC) BEPC hasn\u2019t reached the heights of other stocks on this list. Some of the sector\u2019s recovery had already been priced into its 2020 IPO. Still, it\u2019s got potential. It operates one of the world's largest renewable energy platforms. It recently partnered with renewable heavyweight Plug Power (NASDAQ: PLUG). Together, they\u2019re building one of the first big hydrogen plants in North America. Could be some exciting developments ahead. Renewable Energy Penny Stocks Many renewable energy stocks followed penny stock patterns in the last year So what happens when you combine the two? For the renewable energy penny stocks I\u2019ve been watching, it\u2019s meant even more volatility. That\u2019s a good thing. https:\/\/www.youtube.com\/watch?v-2ZZXHUf-cE If you\u2019re not drooling at the prospect, watch my no-cost \u201cVolatility Survival Guide.\u201d I\u2019ll show you how volatility can make for great trades, regardless of the direction. Sign up for the four-video course here. 1. Sunworks Inc. (NASDAQ: SUNW) Renewable energy stocks have been on a tear\u2026 But even in this hot sector, SUNW stands out. At its peak, it was up 8,000% from its 52-week low. It\u2019s since fallen by 60%. It rose after the Biden proposal, then fell again. Some think the stock is overvalued, while others group it with top solar stocks. 2. ReneSola (NYSE: SOL) SOL was another massive percent gainer over the last year. Like SUNW, it\u2019s fallen further than the rest of the sector in recent months. Although it\u2019s missed some targets, the outlook for the company in 2021 is good. This stock could have more runs in its future. Conclusion What are the best renewable energy stocks? There\u2019s no good answer for this, but hopefully, this watchlist gives you some ideas of what to look for. Learn from it, then create your own watchlist. It\u2019s anyone\u2019s guess whether renewable energy stocks will recover their 2020 momentum in 2021. But if they do, you want to be ready. This means studying as much you can and learning what setups work best for you. You can\u2019t control the market, but you can control your response to it. And I have a ton of free and low-cost resources to help you get up to speed. https:\/\/twitter.com\/timothysykes\/status\/1273669116457398273 After you learn the basics, my Trading Challenge can help you hone your skills. I don\u2019t accept everyone. But if you\u2019re willing to work hard at becoming a better trader, I hope you get in touch. Apply for my Challenge here. We\u2019re in a rare market these days. Renewable energy stocks have been on fire, along with other sectors. Our work is preparing for what the market throws our way next. What do you think about renewable energy stocks? Have you traded any of the stocks I\u2019ve put on here? Let me know in the comments \u2014 I love hearing from you!