Jefferies Declares ‘Glory Days’ for Clean Techs That Trump Hates

A dramatic rebound in clean-tech stocks has investors in the green economy hoping they can finally turn the page on years of punishing underperformance.

The timing is somewhat unexpected. Even as President Donald Trump has canceled many US government programs dedicated to boosting wind, solar and electric vehicles, green stocks have become one of this year’s most lucrative bets.

Those equities have significantly outpaced most other stock indexes. The S&P’s main gauge tracking clean energy is up about 50% this year; the MSCI World Index has gained less than 20% in the same period.

Much of that development is pegged ...