AES Corporation Is In The Bargain Bin And Its Future Is Green

Justin Paget Clean energy stocks have been underperforming this year, partly due to rising interest rates. This has created an attractive buying opportunity for investors to leg into AES (NYSE:AES). AES' recent quarter showed strength and exceeded market expectations in Q3 earnings. AES has upped its 2023 EPS forecast to the upper range and secured significant renewable contracts, aiming to reach at least 5 GW of new PPAs by year-end. To ensure financial stability, AES is expediting its asset sale progr ...