Today, renewables are on the rise and home batteries paired with rooftop solar can send electricity back to the grid. Photo by Unsplash/Postmedia files

While some corners of energy markets have looked pretty frothy of late, one segment has Wall Street betting it won’t get trapped in a bubble: grid tech stocks .

Despite sector-wide gains of about 30 per cent this year, grid tech stocks remain an attractive target, according to Steve Tusa, managing director and senior equity analyst at JPMorgan Chase & Co. Grid tech encompasses a range of hardware makers and software developers as well as utility-scale battery installers. Tusa said investors would be well advised to take advantage of small dips in share prices.

“Any pullback is a buying opportunity at this stage,” Tusa said.

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