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The pullback in clean tech stocks presents a ‘rare buying opportunity’, Morgan Stanley says (AES, AY, SEDG, RUN, TPIC)

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The recent pullback in clean tech stocks presents a “rare buying opportunity” according to analysts at Morgan Stanley.

In a note to clients on Wednesday, Morgan Stanley analysts led by Stephen C. Byrd said they are recommending clean tech stocks with “strong growth and cash flow” after a recent fall in share prices.

The analysts upgraded a basket of stocks from the sector including AES Corporation, Atlantica Sustainable Infrastructure, Solaredge Technologies, TPI Composites, and SunRun to overweight in their note.

The team cited “strong growth in renewables and energy storage given favorable economics and further cost declines” as the details ⇒

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