Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

6 top wind energy stocks to buy in 2024

Ready to invest in the wind power industry? Learn how to invest in wind energy stocks in just a few steps.

The best wind energy stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

6 popular wind energy stocks picks to buy in 2024

We round up a selection of stocks in or related to the wind power industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

  1. TPI Composites (TPIC)
  2. Allete (ALE)
  3. Portland General Electric (POR)
  4. American Superconductor Corporation (AMSC)
  5. Nextera Energy (NEE)
  6. The AES Corporation (AES)

Compare premium accounts that help you research stocks

The wind energy stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering wind energy stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

Moby Premium

Go to site
  • Services: Analyst stock picks & research
  • Fees: $99.96/first full year for new members
  • Features: 3 new stock picks a week, daily newsletter, lessons, video reports

Robinhood Gold

Go to site
3% IRA match
  • Earn 5% interest on uninvested cash
  • Get up to $50,000 in instant deposits
  • Easy, user-friendly trading

Public.com Premium

Go to site
Easy access to diverse assets
  • Trade stocks, bonds, options, ETFs, crypto, Treasurys, collectibles, royalties
  • Earn 5.1% APY on your cash
  • Earn a $0.18 rebate on options, with no commissions and no per-contract fees

How to invest in wind energy stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like TPIC or ALE.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into wind energy stocks

If you're interested in investing in the wind power industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. TPI Composites (TPIC)

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators.

TPI Composites stock opened the day at $2.67 after a previous close of $2.69. The latest price was $2.68 (25-minute delay). TPI Composites is listed on the NASDAQ, has a trailing 12-month revenue of around USD1.5 billion and employs 12,300 staff.

  • Market capitalization: $127,077,216
  • PEG ratio: 0.7647

Back to top


2. Allete (ALE)

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments.

Allete stock opened the day at $58.60 after a previous close of $58.49. The latest price was $59.71 (25-minute delay). Allete is listed on the NYSE, has a trailing 12-month revenue of around USD$1.9 billion and employs 1,513 staff.

  • Market capitalization: $3,372,843,520
  • P/E ratio: 13.6023
  • PEG ratio: 2.215

Back to top


3. Portland General Electric (POR)

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities.

Portland General Electric stock opened the day at $41.90 after a previous close of $41.74. The latest price was $42.80 (25-minute delay). Portland General Electric is listed on the NYSE, has a trailing 12-month revenue of around USD$2.9 billion and employs 2,842 staff.

  • Market capitalization: $4,224,964,608
  • P/E ratio: 17.9142
  • PEG ratio: 1.4816

Back to top


4. American Superconductor Corporation (AMSC)

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand; and engineering planning services.

American Superconductor Corporation stock opened the day at $11.64 after a previous close of $11.75. The latest price was $11.66 (25-minute delay). American Superconductor Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$135.4 million and employs 328 staff.

  • Market capitalization: $424,601,536
  • PEG ratio: -0.06

Back to top


5. Nextera Energy (NEE)

NextEra Energy, Inc. , through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy.

Nextera Energy stock opened the day at $64.22 after a previous close of $64.01. The latest price was $64.30 (25-minute delay). Nextera Energy is listed on the NYSE, has a trailing 12-month revenue of around USD$28.1 billion and employs 16,800 staff.

  • Market capitalization: $131,507,265,536
  • P/E ratio: 17.7806
  • PEG ratio: 2.6131

Back to top


6. The AES Corporation (AES)

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas.

The AES Corporation stock opened the day at $16.23 after a previous close of $16.27. The latest price was $16.40 (25-minute delay). The AES Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$12.7 billion and employs 9,600 staff.

  • Market capitalization: $11,564,846,080
  • P/E ratio: 47.8529
  • PEG ratio: 1.2464

Back to top

Compare more stock trading platforms to invest in wind energy stocks

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in wind energy stocks.
1 - 6 of 16
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
SoFi Invest®
Finder Score: 4.1 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Mutual funds, ETFs, Alternatives
$0
$0
Get up to $1,000 in stock
when you fund a new Active Invest account
Tastytrade
Finder Score: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Public.com
Finder Score: 4.1 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Robinhood Gold
Finder Score: 4.3 / 5: ★★★★★
Robinhood Gold
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
5%
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
Moomoo
Finder Score: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Choose a 1.5% match or 7 free fractional shares
when you open a new account and meet funding requirements
No commission stock and ETF trading, with a chance to get a 1.5% cash reward match or 7 free fractional shares.
Robinhood
Finder Score: 4.3 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
loading

Bottom line

While it’s possible to turn a profit investing in wind energy stocks, keep in mind that — like any investment — wind energy stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the wind power industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a Question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site