Clean tech stocks including Sunrun offer upside amid a pullback, Goldman says

Sunrun solar.
Source: Sunrun

Amid the pullback in shares of clean tech companies, Goldman Sachs identified stocks in the space that have been unfairly hit and still offer attractive upside for investors.

The picks the firm identified, which include residential solar developer Sunrun, are also stocks well-represented in funds focused on ESG, or environmental, social and governance factors. Investing around ESG themes continues to be popular, and these funds are attracting more and more capital.

Assets under management in sustainability focused funds neared $2 trillion after record inflows during the first quarter, according to data from Morningstar. And that momentum is showing no signs of slowing.

More In Future of Energy

CNBC ProStruggling solar energy play Enphase Energy is set to rebound, KeyBanc says
CNBC ProHow to play the next big trend in ESG investing: green data centers
CNBC ProThis company may have the fix for electric vehicle fires, and its stock will soar, Piper says