Jupiter's Charlie Thomas expects clean energy stocks to rebound as government stimulus boosts investor sentiment towards the sector.
The manager of the £339m Ecology fund says these stocks took a hit following the UN Climate Change summit in December, but he thinks positive earnings growth and the effect of government stimulus packages will see prices rise. “We have been suffering a sort of Copenhagen hangover. People got very excited ahead of the conference and then it did not quite deliver,” he says. “Some positive results mean investors are realising it is not all doom and gloom and from what we can see in our portfolio, the signs are the stimulus package is starting to come through.” One example is wind ener...
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