Concerns about the future of renewable energy companies after Donald Trump's election win have been deemed exaggerated by UBS.
The investment banking firm has identified Iberdrola, Orsted, RWE, and NextEra as stocks likely to perform well in the current market environment.
UBS attributes the recent decline in renewable energy stocks to broader market dynamics, emphasizing that the ongoing surge in power demand, particularly from data centers, positions various power generation sources favorably.
The firm remains optimistic about the sector's potential despite the political landscape.