Trump's infrastructure plan offers buying opportunity for energy stocks

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Trump's infrastructure plan offers buying opportunity for energy stocks

This year, despite a record-setting 2020, clean energy stocks have come under pressure, but experts said supportive policies from the White House could provide gains across the sector.

Valuations on these companies also look more attractive due to a recent recession in the sector, analysts said.

The Alt Energy stocks have undergone a correction, but fundamentals remain very good and arguably got better with the unveiling of the Infrastructure Plan, so we think the Pullback broadly presents a good buying opportunity, JPMorgan said Thursday.

President Joe Biden's$ 2 trillion infrastructure plan unveiled last week included hundreds of billions of dollars aimed at climate change measures.

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