windmill energy on green grass field

Our trade of the week is going long SSE (LSE:SSE) shares at 1,925p. This comes ahead of the full-year results that are due for release on Wednesday. The share price has performed well over the last 12 months, up 24%. This has in part been down to a strong push towards clean energy, with an investment pot of £12.5bn to help in this regard. It’s become somewhat of an ESG poster child, and one that we feel will see more and more pile into in the coming year.

In the short term, we expect results to be impressive. In the latest update, it commented that “SSE is updating the market that it expects full-year 2021/22 adjusted earnings per share to be in a range of between 92 and 97 pence compared to previous guidance of at least 90 pence.”

Aside from just the financials, we expect the business to outline more on the strategy push towards renewable energy, something that the market should take in a positive light. 

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