Goldwind Looks To Be A Good Buy As China Focuses To Increase Their Wind Energy Capacity

Summary

  • China and global wind capacity is set to surge this decade as the world shifts to a greater renewable energy mix to reduce emissions.
  • Goldwind is a leading Chinese and global wind turbine manufacturer.
  • Valuation looks to be very attractive on a 2021 PE of just 14.9.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Aerial view of wind turbines and agriculture field
Photo by kamisoka/E+ via Getty Images

This article first appeared on Trend Investing on March 16, 2021 but has been updated for this article.

For a background on the wind energy sector, you can read my past articles:

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Analyst’s Disclosure: I am/we are long XINJIANG GOLDWIND SCIENCE & TECHNOLOGY CO. LTD. [SHE:002202], FIRST TRUST GLOBAL WIND ENERGY (FAN). I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information in this article is general in nature and should not be relied upon as personal financial advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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