Clean Tech Rally

Despite a global pandemic, several stock indices were up meaningfully in 2020 including the S&P 500 which returned 18.4% and the NASDAQ which was up 43% (having doubled over the past two years).

Both of those index gains were more than lapped by clean energy stocks in the second half of 2020 which rallied on increased expectations for a more favorable regulatory environment from the Biden Administration. While we believe in clean tech’s long-term growth prospects, we also think there will be more attractive entry points in the future.

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