JPMorgan analyst Mark Strouse named Array Technologies (ARRY), Sunnova Energy (NOVA) and Sunrun (SUN) his top picks for 2022 in the alternative energy and services sector. The analyst says that while investors he speaks with seem fairly skeptical that the “Build Back Better Act” will pass in its current form, the stocks he covers are trading at a discount to the average multiple immediately prior to the 2020 U.S. election. So even the passage of a shrunken down version of the bill would likely be viewed favorably, Strouse tells investors in a research note. In addition, he believes upstream input pricing should decline, particularly polysilicon, once new manufacturing capacity ramps during mid-2022. This should aid profitability along the value chain, says Strouse. Meanwhile, surging global energy prices could make renewables “even more attractive on an economic merit basis, particularly for projects that include storage,” says the analyst.