Ethical & Sustainable Investing News to Profit By!

Sustainable and Infrastructure Stocks Analysts Adore podcast: Covers stocks related to renewable energy, data infrastructure, waste management, retail, and others.

By Ron Robins, MBA

Hello, Ron Robins here. So, welcome to this podcast episode 131 titled "Sustainable and Infrastructure Stocks Analysts Adore." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 4 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

5 sustainable UK stocks that Fools love

The stock picks in my first article, though from the UK, are likely available and applicable to investors globally. It's titled 5 sustainable UK stocks that Fools love. By Fools it's referring to the famous Fools investors, site, and is written by the The Motley Fool Staff and found at fool.co.uk.

Here are some quotes from the article.

"1. Croda International (LSE:CRDA)

By Oliver Rodzianko.

What it does: Croda International sustainably creates speciality chemicals to enhance products in a wide range of industries.

Croda International has 'committed to becoming the most sustainable supplier of innovative ingredients on the planet'…

Not only is the company leading in environmental preservation efforts, but it's also making a handsome profit in the process. Over the past 10 years, the shares have grown 78% in price. It also has a net margin of 10%, which is great for its industry…

Now, I must mention that in the past, it has faced legal action over negative effects on the environment from a plant it operated. There's some chance that something like this could happen again, which would be bad reputationally.

But overall, this company looks very strong to me. I appreciate its efforts in getting toward a cleaner, safer work culture.

2. Gore Street Energy Storage Fund (LSE:GSF)

By Royston Wild.

What it does: Gore Street Energy Storage Fund invests in power retention assets across Europe and the US.

This small cap invests in utility-scale power storage assets with the aim of providing regular dividend income to its shareholders.

Today its objective is to provide annual dividends equivalent to 7% of net asset value (NAV) per ordinary share, or 7p per share, whichever is higher. It's a strategy that creates a chunky 5.1% dividend yield for the current financial year…

At current prices I think the trust is worth serious consideration. At 60.3p per share, it trades at a whopping 43% discount to its estimated NAV.

3. Renewi (LSE: RWI)

By Christopher Ruane.

What it does: Renewi is a European waste management company that uses most of the waste collected for recycling or energy production.

The share price has… grown by an impressive 72% over the past five years.

Renewi shares trade on a price-to-earnings ratio of 12, which I think looks cheap. Whether that turns out to be the case depends partly on Renewi maintaining or growing its earnings. The past couple of years have been good, however the track record is inconsistent.

The business is highly cash generative but has a net debt that outstrips its market capitalisation. That is a risk to long-term profitability.

I like the business' clear strategic focus, its extensive operational footprint and its proven business model. I see long-term revenue growth opportunities. If the company can reduce its indebtedness, I think those revenues provide a solid basis for profitability.

3. Tesco (LSE:TSCO)

By Mark David Hartley.

What it does: British multinational high street supermarket chain selling groceries and general merchandise.

Founded in London in 1919, Tesco is now one of the largest retailers in the world…

Overall, it scores higher than most of its competitors when it comes to ESG. I think it strikes a good balance of committing to realistic sustainability efforts without threatening its bottom line.

4. The Renewables Infrastructure Group (LSE: TRIG)

By Ben McPoland.

What it does: The Renewables Infrastructure Group is an investment trust with a portfolio of onshore and offshore wind farms and solar parks in the UK and Europe.

[It's] a FTSE 250 stock that I've been buying opportunistically over the past year. It's down 27% in two years.

One silver lining to this falling share price is that the dividend yield now stands at 7.3%. And the forecast yield for this financial year is a very attractive 7.6%.

Beyond the passive income potential, what I like here is the diversification in both assets (wind and solar farms and battery storage assets) and geography (six countries)…

The shares are trading at a whopping 23.1% discount to the estimated value of the firm's assets. Overall, I think there is a lot of value on offer here for patient investors."

End quotes.

-------------------------------------------------------------

3 Data Infrastructure Stocks Poised to Soar on Skyrocketing Demand

My second article appeared on the highly productive analyst site investorplace.com. It's titled 3 Data Infrastructure Stocks Poised to Soar on Skyrocketing Demand by Larry Ramer. Now some quotes from that article.

"1. Akamai (NASDAQ:AKAM)

announced that its content delivery network would start offering cloud-computing services. So, it seems that the company is turning into a de facto owner and operator of datacenters…

With Akamai becoming a datacenter operator and benefiting from competitive advantages compared to most existing datacenters, its long-term outlook appears bright.

Akamai has a low forward price-earnings ratio of 13.6 times.

2. Vertiv (NYSE:VRT)

provides monitoring systems and power management products for datacenters. As a result, the company is ideally positioned to get a big boost from the proliferation of datacenters.

Last quarter the company's orders soared 60% versus the same period a year earlier, bringing its backlog to a huge $6.3 billion. Further, its operating profit climbed 42% year-over-year. And if the firm's adjusted operating profit comes in at the midpoint of its guidance range, the metric will increase 28% compared with 2023. The company is also benefiting from AI-driven demand.

Last month, prominent investment bank Oppenheimer started coverage of Vertiv stock with a $96 price target and an 'outperform' rating. Oppenheimer referred to Vertiv as an AI infrastructure player…

Vertiv's strong financial results and powerful, positive catalysts make it one of the top data infrastructure stocks to buy.

3. Arista Networks (NYSE:ANET)

sells datacenter hardware, such as switches, routing products and VPNs.

The company is well-positioned to gain market share in the $45 billion Ethernet network switches market. Its switches are able to integrate more easily into the most advanced chips than Cisco's (NASDAQ:CSCO) switches…

Also importantly, Arista has a market-leading 35% share of the high-speed switching market, which are becoming much more prevalent in datacenters. Moreover, the latter trend is expected to intensify in the coming years."

End quotes.

-------------------------------------------------------------

2 Renewable Energy Stocks That Could Put You in the Green

The third article is back to everyone's favorite sector with the title 2 Renewable Energy Stocks That Could Put You in the Green. It's by Demetris Afxentiou and found on msn.com. Now some of what he says about his picks.

"1. Innergex Renewable Energy (TSX:INE)

is one of those stocks that go unnoticed by investors…

Innergex operates a portfolio of 85 facilities with a generating capacity of over 4,200MW. The company also has a backlog of projects in various stages of development comprising over 9,300MW of capacity… Innergex has taken an aggressive stance on expansion.

Innergex has operations across North America, South America, and Europe. In terms of facilities, Innergex's portfolio comprises hydro, wind, and solar elements. While its portfolio of facilities also includes battery energy storage systems…

Despite the company's aggressive growth and juicy dividend (more on that in a second), Innergex's stock is down 25% year to date…

Still, the company remains a stellar long-term pick that also boasts a healthy 5.89% [dividend yield?], making it a great option for growth and income-seeking investors alike.

2. Brookfield Renewable Partners (TSX:BEP.UN)

is an intriguing option worthy of mention.

Brookfield Renewable currently has operations across 20 countries, boasting a well-diversified portfolio of wind, solar, and hydro facilities across those markets…

That revenue stream is backed by long-term regulated contracts which often span decades. The company is also expecting to continue growing its portfolio through rate increases and expansion.

Turning to income, Brookfield offers investors a juicy 5.22% yield. This fact, along with the expected growth of the renewable energy market alone, makes Brookfield a superb buy-and-forget candidate for almost any portfolio

Throw in the substantial discount on the stock right now, which shows a 30% drop over the trailing 12-month period, and you have a great discounted buy."

End quotes.

-------------------------------------------------------------

What are the best solar companies of 2024?

And in the same theme is this article titled What are the best solar companies of 2024? It's by Tom Horton and found at cbsnews.com.

"The best solar companies of 2024 offer quality equipment, budget-friendly financing options, and top-notch customer service. Take a look at our top picks below.

• Best overall: SunPower
• Best high-quality: Palmetto Solar
• Best referral program: Blue Raven Solar
• Most flexible financing options: Sunrun
• Most affordable: Tesla"

End quotes.

-------------------------------------------------------------

Responsible Investing, Rewarding Returns: 3 ESG Stocks to Feel Good About

And my last article is this one titled Responsible Investing, Rewarding Returns: 3 ESG Stocks to Feel Good About. It's by Josh Enomoto and again found on investorplace.com. Here are some of Mr. Enomoto's comments on his picks.

"1. Applied Materials (NASDAQ:AMAT)

Per its public profile, the company engages in the provision of manufacturing equipment, services and software to the semiconductor, display and related industries. Analysts rate shares a consensus moderate buy with a $234.91 price target, implying about 11% upside potential.

What makes Applied one of the ESG stocks to buy is the underlying efforts toward sustainability…

In the past four quarters, its average positive earnings surprise came out to 8.15%. For fiscal 2024, covering experts anticipate a rather slow year. However, for fiscal 2025, EPS could rise to $9.53 on sales of $29.65 billion.

2. Target (NYSE:TGT)

As a general merchandise retailer, it has evolved into a one-stop shop. Many if not most of its stores offer apparel, jewelry and accessories, shoes, beauty and personal care products, electronics, groceries and several other home goods categories.

A mainline initiative of the company centers on inclusion and diversity efforts… Some of the company's efforts have aroused criticism yet it maintains its commitment.

The current fiscal year may be a challenging one. While EPS may rise to $9.43 (from last year's $8.94), revenue might only reach $107.13 billion. That's down slightly from the prior year. Still, looking out to the next 12-month cycle, EPS could improve to $10.52 on revenue of $111.1 billion. Thus, Target is one of the ESG stocks to buy.

3. Prologis (NYSE:PLD)

is structured as a real estate investment trust. According to its corporate profile, Prologis the global leader in logistics real estate with a focus on high-barrier, high-growth markets. Analysts rate Prologis stock a consensus strong buy with a $130.80 price target, implying over 17% upside potential…

Financially, the company has enjoyed an impressive track record over the past four quarters. During this cycle, the average positive earnings surprise clocked in at 26.88%. For fiscal 2024, analysts anticipate revenue to reach $7.65 billion. That's up 12.2% from last year's print of $6.82 billion. It's an intriguing idea for ESG stocks to buy."

End quotes.

-------------------------------------------------------------

Honorable Mentions that time didn't allow me to cover here.

1. Title: Top 10: ESG Fund Managers on sustainabilitymag.com. By Charlie King.

2. Title: Is First Solar, Inc. (NASDAQ:FSLR) the Best Alternative Energy Stock to Buy Now? On yahoo.com. By Meerub Anjum.

3. Title: Is Enphase Energy Inc. (NASDAQ:ENPH) the Top Alternative Energy Stock Pick of Analysts? On yahoo.com. By Meerub Anjum.

4. Title: The best solar companies of 2024 on cnn.com. By Tony Carrick, Roxanne Downer, and Alora Bopray.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Sustainable and Infrastructure Stocks Analysts Adore."

Now please click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on June 14th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Renewable Energy Stock Picks podcast includes some great renewable energy stock analyses from Zacks, The Motley Fool, InvestorPlace, and others.

By Ron Robins, MBA

Transcript & Links, Episode 130, May 17, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 130 titled "Renewable Energy Stock Picks." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 2 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

1) Renewable Energy Stock Picks

I'm beginning with this article which is from the famous Zacks research team. It's titled 4 Stocks to Watch in the Path to Decarbonize the Future and is by Rimmi Singhi and found at sg.news.yahoo.com.

Here are brief quotes by the author on each stock.

"1. Clearway (CWEN)

along with its subsidiaries owns and operates a diverse portfolio of contracted renewable and conventional generation, along with thermal infrastructure assets in the United States. Furthermore, Clearway's asset portfolio includes more than 9,000 megawatts (MW) of wind, solar, thermal, and natural-gas-fired power generation facilities as well as distract energy systems…

The Zacks Consensus Estimate for Clearway's 2023 sales and earnings implies year-over-year growth of 15% and 149%, respectively… It boasts a long-term earnings growth rate of 10%. Clearway currently sports a Zacks Rank #1 (Strong Buy).

2. NextEra (NEE)

is a leading provider of wind and solar energy in the United States. The company also operates in Canada and has a growing presence in Latin America. NextEra has many renewable projects in its backlog and their completion will ensure reduced emissions. The company expects to be able to add 33-42 gigawatts (GW) of new renewables in the 2023-2026 time frame to the generation portfolio via clean energy investments…

The Zacks Consensus Estimate for NextEra's 2023 and 2024 earnings implies year-over-year growth of 8% and 8.2%, respectively. The same for 2023 and 2024 revenues indicates a year-over-year uptick of 27% and 9%, respectively. The company surpassed earnings estimates in the last four quarters, the average surprise being 6.2%. It boasts a long-term earnings growth rate of 9%. NextEra currently carries a Zacks Rank #2 (Buy).

3. Brookfield (BEP)

is a renewable energy firm that operates hydro, wind, solar, and storage assets in North America, South America, Europe and Asia. Hydroelectric power comprised 50% of its portfolio in 2022. The firm remains focused on the expansion of its expertise in wind, solar, and energy storage capabilities through acquisitions and development projects. Over the past decade, Brookfield's earnings have witnessed a CAGR of around 10%. Brookfield is committed to maintaining a strong balance sheet to support further expansion.

The Zacks Consensus Estimate for Brookfield's 2023 and 2024 earnings implies year-over-year growth of 120% and 275%, respectively… The firm boasts a dividend yield of more than 4% and has increased its payout five times in the last five years. Brookfield currently carries a Zacks Rank #3 (Hold).

4. Vestas (VWS.CO)

is a global leader in the wind energy sector. It has a wide range of expertise, including the design, manufacture, installation, development, and servicing of wind energy and hybrid projects worldwide. With over 157 GW of wind turbines installed in 88 countries, Vestas is a major player in the industry…

The Zacks Consensus Estimate for Vestas' 2023 and 2024 earnings implies year-over-year growth of 126% and 189%, respectively. The same for 2023 and 2024 revenues indicates a year-over-year uptick of 7% and 25%, respectively. Vestas currently carries a Zacks Rank #3."

End quotes.

-------------------------------------------------------------

2) Renewable Energy Stock Picks

This second article is again by the prodigious research output group, InvestorPlace. It's titled 3 Renewable Energy Stocks to Capitalize on the Sustainability Surge. It's by Rick Orford and found on investorplace.com. Now some of what Mr. Orford says about his stock picks.

"1. First Solar (NASDAQ:FSLR)

The continued growth in solar power as an alternative energy source has made companies like First Solar an important part of the government's plan to transition to a green economy.

The company is one of the top producers of photovoltaic cells (PV) used in building CdTe solar modules that transform sunlight into electricity, making it an invaluable component of the solar power production chain. The growing demand for solar energy has led to First Solar's acquisition of an Ohio facility that serves as its distribution center, enabling it to scale manufacturing…

Looking forward, First Solar expects net income per diluted share to end between $13.00 and $14.00 — almost doubling 2023 results — and net sales to be around $4.4 billion and $4.6 billion for 2024. With the government's strong push to go green, First Solar has tremendous potential, making it one of the best choices for renewable energy stocks to buy.

2. Broadwind (NASDAQ:BWEN)

specializes in wind energy equipment, clean energy structures and clean technology used by different sectors. The company agreed with MarketAxess Holdings (NASDAQ:MKTX) to 'sell earned Advanced Manufacturing Production Credits' which will help significantly improve its liquidity profile.

Broadwind's latest results showcased impressive growth in FY'23. Revenue reached $203.5 million, 15% higher than the previous year's reported revenue of $176.7 million…

Despite a slight decrease in orders and backlog from last year, Broadwind is still optimistic about future prospects, especially with expectations of accelerating wind development in the latter half of 2024.

3. Beam Global (NASDAQ:BEEM)

is a clean technology innovator that designs advanced solutions for energy storage, electric vehicle (EV) charging and energy infrastructures.

Its patented infrastructure product EV ARC (Electric Vehicle Autonomous Renewable Charger) uses integrated battery storage and solar power that provides a power source for electric vehicle charging stations. The company also offers street furniture and street lighting products globally…

The company finished FY'23 with a record revenue of $67.4 million, a 206% growth compared to last year's $23 million. Earnings for the year improved to a net loss of $1.30, an increase of 34.6% compared to the previous year's loss of $1.99. In addition, the company reported positive full-year gross profit and remained debt-free with an unused $100 million line of credit.

Its significant backlog and contracts mean the company should have ample cash flow to fund its future operations."

End quotes.

-------------------------------------------------------------

3) Renewable Energy Stock Picks

This third article is titled SunPower Stock Has 87% Upside, According to 1 Wall Street Analyst. It's by Rich Smith and found on fool.com.

Here are some of his comments.

"Is SunPower (SPWR) stock a buy in 2024?

Quoted on The Fly Monday, Richardson explained he cut SunPower's price target because green energy stocks have been underperforming this year and inventories are still bloated. But the analyst remains optimistic that 'inventory channel clearings are nearly complete' and so the bottom is not far off. Combined with rising electricity rates, that's going to create more demand for cheap solar power, and create the potential for SunPower's sales to turn around.

Is he right?

As the saying goes, it's hard to make predictions -- especially about the future. Still, if the 'bottom' has truly already arrived for solar power stocks, then it's arrived remarkably quickly. In related cyclical industries such as semiconductors for example, oversupply cycles ordinarily take six to 18 months to reverse. But SunPower's sales have only been falling for a couple of quarters. According to data from S&P Global Market Intelligence, sales were still on an upswing as recently as the second quarter of 2023!

While it's possible SunPower's going to get away with just a six-month downturn, therefore, I wouldn't bet on it. And I wouldn't bet on a company valued at $380 million, and burning more than half that amount ($201 million) in cash every year, doubling over the next 12 months either.

More than likely, SunPower stock still has at least a few more rough quarters ahead of it."

End quotes.

-------------------------------------------------------------

4) Renewable Energy Stock Picks

The last article is titled 3 Renewable Energy Stocks That Will Make Other Investors Green With Envy. It's by Rick Orford, and found on investorplace.com.

Here are some comments by Mr. Orford.

"For this analysis, I've started with a screen of the top 30 Renewable Energy Companies based on the Market Cap. Then, I filtered the list for the following criteria:

• Year-on-year quarterly net income growth of over 30%,
• Analyst rating of 4 and above (moderate to strong buy) and
• An upside potential of over 50% based on high target prices.

This list of renewable energy stocks to buy is sorted in descending order based on upside potential.

1. First Solar (NASDAQ:FSLR)

drives the global transition to renewable energy by harnessing the sun's power. The company manufactures thin-film PV solar modules, which offer a lower-carbon alternative to conventional crystalline silicon PV modules.

First Solar's business operations include manufacturing cadmium telluride solar modules, project development activities, operations and maintenance services. The company has a presence in France, Japan, Chile and, of course, the United States…

First Solar's Q4FY'23 financial report is a relief for many investors. Its revenue Increased to $1.16 billion from $1 billion YOY. EPS also recovered considerably from a 7-cent loss to a $3.27 profit per share.

Its metrics, including its YOY net income growth of 84.65%, make it easy to understand why analysts rate the stock a strong buy, with a high target of $269 — over 52.6% upside potential from its current levels.

2. Fluence Energy (NASDAQ:FLNC)

is a driving force in integrating renewable energy into power grids. It delivers highly modernized energy storage solutions worldwide.

The company offers various energy storage products like Gridstack Pro, Gridstack, Sunstack, Edgestack and Ultrastack. It caters to applications such as large-scale front-of-the-meter, DC-coupled solar + storage, commercial and industrial use cases, and more…

Fluence Energy's Q1'24 financials are pretty decent despite minor setbacks in metrics. Its revenues increased from $363.95 million to $310.46 million YOY. Its gross profit increased from $12 million to $36.39 million.

However, Fluence Energy's net quarterly income loss was $25.55 million, an improvement from $37.19 million last year.

Analysts rate FLNC stock a strong buy, targeting a high price of $37, which translates to 107% upside potential from its current levels.

3. Brookfield Renewable Partners (NYSE:BEP)

is a prominent player in the renewable energy sector and owns various assets worldwide. The company's portfolio includes hydroelectric, wind, solar and energy storage facilities, with an operating capacity of approximately 33,000 megawatts.

Moreover, Brookfield Renewable Partners has a significant development pipeline and invests in sustainable solutions such as renewable natural gas, carbon capture and storage, recycling and nuclear services…

Brookfield Renewable Partners reported pretty decent Q4'23 financial results with its all-positive YOY performance. Its revenue slightly increased to $1.32 billion from $1.20 billion. On top of that, the company's net income significantly increased to $264 million from $60 million, placing its EPS in a recovering trajectory of $0.01 from the -$0.16 loss reported in FY'22.

Analysts rate Brookfield Renewable Partners stock a strong buy with a high target of $52, reflecting over 152% upside potential."

End quotes.

-------------------------------------------------------------

One Honorable Mention

Title: 3 Renewable Energy Stocks to Sell in May Before They Crash & Burn on investorplace.com. By Achintya Pasricha.

One article from Australia

Title: Does Australian Ethical Investment (ASX:AEF) Deserve A Spot On Your Watchlist? On yahoo.com. By Simply Wall St.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Renewable Energy Stock Picks."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on May 31st.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Best Ethical, ESG Stocks, for 2024. Covers stocks from AI, to tech, to healthcare, renewable energy, healthcare, and many more.

By Ron Robins, MBA

Transcript & Links, Episode 129, May 3, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 129 titled "Best Ethical, ESG Stocks, for 2024." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 6 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

1) Best Ethical, ESG Stocks, for 2024

I'm starting this episode with this article, 13 Best Ethical Companies to Invest in 2024. It's by Ramish Cheema at Insider Monkey and appeared on finance.yahoo.com. Here are some quotes from Mr. Cheema from his article.

"We ranked the top 30 most valuable holdings of the Vanguard ESG U.S. Stock ETF (ESGV) by the number of hedge funds that had bought the shares during the fourth quarter of 2023 and picked the top stocks…

Hedge funds' top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).

13. Adobe Inc. (NASDAQ:ADBE)

Hedge Fund Shareholders: 105

Its Photoshop software is one of the best known image editing software in the world, and in April 2024, Adobe shared that it will add artificial intelligence features to Photoshop later this year.

12. Thermo Fisher Scientific Inc. (NYSE:TMO)

Hedge Fund Shareholders: 111

Thermo Fisher Scientific is one of the biggest medical instruments and devices companies in the world. The shares are rated Buy on average.

11. UnitedHealth Group Incorporated (NYSE:UNH)

Hedge Fund Shareholders: 113

UnitedHealth Group is the largest healthcare benefits provider and plan manager in the U.S. 2024 has been quite a controversial year for the firm after it was targeted through a cyber attack earlier this year that disrupted healthcare services across America.

10. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Hedge Fund Shareholders: 120

Advanced Micro Devices is an American semiconductor designer that makes and sells CPUs, GPUs, and other silicon products… Wall Street appears to be quite optimistic about the firm's future prospects, as it has rated the shares Strong Buy.

9. Salesforce, Inc. (NYSE:CRM)

Hedge Fund Shareholders: 131

Salesforce is an American enterprise software company that enables firms to manage their customer relationships… the shares are up after reports indicate that Salesforce is no longer pursuing a multi billion dollar acquisition to grow its business operations.

8. Apple Inc. (NASDAQ:AAPL)

Hedge Fund Shareholders: 131

April 2024 hasn't been a great month for the firm, as not only have its shares proved to be lackluster in gains, but multiple reports share that consumer interest in the Apple Vision Pro headset is declining.

7. Mastercard Incorporated (NYSE:MA)

Hedge Fund Shareholders: 141

Mastercard is a financial technology firm that acts as a gateway between merchants and consumers. It's… rated (a) Strong Buy on average.

6. Visa Inc. (NYSE:V)

Hedge Fund Shareholders: 162

Visa Inc. is another payment gateway platform and services provider. Like Mastercard, it was also at the center of a bullish analyst note from Morgan Stanley in April 2024 that indicated that Visa Inc. was benefiting from the surge in global travel.

5. NVIDIA Corporation (NASDAQ:NVDA)

Hedge Fund Shareholders: 173

NVIDIA Corporation is Wall Street's artificial intelligence darling. Its shares are up by 198% over the past year…

4. Alphabet Inc. (NASDAQ:GOOGL)

Hedge Fund Shareholders: 214

Alphabet Inc. is one of the biggest technology companies in the world. The firm was out with an announcement worthy of its size in April 2024 when it announced that it would invest $640 million to set up a new data center in The Netherlands.

3. Meta Platforms, Inc. (NASDAQ:META)

Hedge Fund Shareholders: 242

Meta Platforms, Inc. is the biggest social media and communications company in the world. Its CEO Mark Zuckerberg appeared to have thrown a curve ball in the AI market in April 2024 when Meta Platforms announced its Llama 3 model which it claims is one of the most powerful open source AI platforms in the world.

2. Amazon.com, Inc. (NASDAQ:AMZN)

Hedge Fund Shareholders: 293

Amazon.com is one of the biggest eCommerce retailers in the world. Like other mega cap stocks, it is also focusing heavily on AI, and announced plans in April through which its AWS business division seeks to host other businesses' AI models.

1. Microsoft Corporation (NASDAQ:MSFT)

Hedge Fund Shareholders: 302

Microsoft is a global consumer software and enterprise computing giant. The firm scored a big win in April 2024 when beverages giant Coca Cola signed a $1.1 billion deal with it to use Microsoft's AI and cloud computing platforms."

End quotes.

-------------------------------------------------------------

2) Best Ethical, ESG Stocks, for 2024

This next article comes from investorplace.com, a site with a prolific output of articles related to renewable energy. This new article is titled The Power of the Sun: 3 Solar Energy Stocks Primed for 5X Gains. It's by Faizan Farooque. Now some quotes from Mr. Farooque.

"1. Array Technologies (NASDAQ:ARRY)

has surpassed Wall Street projections four times…

Despite tremendous success, Array stock is down 31% in 2024 due to lower-than-expected annual expectations. The company's reduction of its annual prediction has lowered the stock's price, making it ideal for investors looking for inexpensive solar stocks. Analysts predict a 68% upside.

2. Canadian Solar (NASDAQ:CSIQ)

The company has missed profit expectations seven times in a row, with the most recent miss being 350%.

All it can do is focus on its business and grow. To do this, Canadian Solar is constructing a 5GW solar cell factory in Jeffersonville, Indiana, at a cost of $800 million…

Investors will hope the expansion into China and the new $800 million plant will help realize the stock's 84% upside potential.

3. First Solar's (NASDAQ:FSLR)

path forward will depend on its aggressive expansion in the solar business. It's spending $1.2 billion to expand its U.S. manufacturing capabilities…

First Solar also paid $38 million to buy the Swedish perovskite expert Evolar. It is hoped that this buy will speed up the creation of very efficient tandem photovoltaic (PV) technology…

The potential upside of over 22% reflects this narrative, placing it highly among solar stocks."

End quotes.

-------------------------------------------------------------

3) Best Ethical, ESG Stocks, for 2024

This third article comes by way of a new website to me, techopedia.com. The article is titled Best ESG Stocks to Invest in 2024 and it's by Jim Halley. Now some brief comments by Mr. Halley on each company.

"1. ASML Holding (NASDAQ: ASML)

The Dutch company has a monopoly on EUV lithography machines that are used to imprint patterns on silicon chips.

2. Microsoft (NASDAQ: MSFT)

The tech company hasn't let its profit goals get in the way of ESG progress and has invested heavily in renewable energy. It has set ambitious goals for reducing water use and to be carbon neutral.

3. Hermes International (OTC: HESAF)

The luxury goods retailer sells longer-lasting goods to protect the environment and has a science-based target to lower greenhouse gas emissions in its supply chain and operations.

4. Fortinet (NASDAQ: FTNT)

The cybersecurity company has lowered its carbon footprint, avoiding 455 tons of CO2 emissions by using eco-friendly packaging. It also uses 100% renewable energy in 80% of its owned sites.

5. Check Point Software Technologies (NASDAQ: CHKP)

The Israeli company focuses on cybersecurity services. It said it's looking to be carbon neutral by 2040. It also focuses on charitable work and gender equality.

6. Colgate-Palmolive (NYSE: CL)

Founded in 1806, it's one of the oldest companies in the US stock market. It has a diverse workforce, with 42% of its senior managers and directors being minorities (Black, Asian or Latino).

7. Adobe (NASDAQ: ADBE)

The software company gets high sustainability scores by using renewable energy sources and reducing waste. It also has several diversity and inclusion initiatives.

8. Brookfield Renewable Partners (NYSE: BEP)

It develops and operates renewable power and sustainable assets, including hydroelectric, wind, utility-scale solar power. It pays an above-average dividend.

9. Constellation Energy (NASDAQ: CEG)

The electrical power and natural gas management services provider has the US's largest carbon-free nuclear presence after investing in the South Texas Project Electric Generating Station.

10. Applied Materials (NASDAQ: AMAT)

The world's No. 1 semiconductor wafer fabrication equipment maker gets high ESG scores because it uses 100% renewable energy – wind and solar power – in the US, and 70% globally."

End quotes

-------------------------------------------------------------

4) Best Ethical, ESG Stocks, for 2024

The fourth article is another one from the investorplace.com site titled 7 Alternative Energy Stocks to Buy on the Fossil Fuel Fallout. It's by Josh Enomoto. Here are some quotes from Mr. Enomoto on each of his picks.

"1. NextEra Energy (NYSE:NEE)

generates, transmits, distributes and sells electric power to retail and wholesale customers in North America. Per its public profile, the company generates electricity through wind, solar, nuclear, natural gas and other clean energy...

It's one of the alternative energy stocks to keep on your radar.

2. Cameco (NYSE:CCJ)

provides uranium for electricity generation. It operates through multiple segments, with its mainline uranium unit involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. It also features a fuel unit that engages in the refining and fabrication of the commodity…

It's an unignorable component of alternative energy stocks to buy.

3. Ormat Technologies (NYSE:ORA)

(Is engaged in geothermal energy production.) Geothermal is exactly what it sounds like — extracting energy from the earth's core. It's sustainable, renewable and doesn't involve building ugly wind turbines that could impact wildlife. Notably, the company is a strong financial performer. Last fiscal year, it posted an average positive earnings surprise of 22.58%.

4. First Solar (NASDAQ:FSLR)

provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile and internationally. Per its public profile, the company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules…

It's still risky but it could be a compelling wager for alternative energy stocks.

5. Clearway Energy (NYSE:CWEN)

Per its corporate profile, Clearway has approximately 6,000 net megawatts (MW) of installed wind, solar and energy generation projects. It also features approximately 2,500 net MW of natural gas-fired generation facilities…

The most optimistic analyst believes that Clearway Energy has… over 62% upside potential.

6. Brookfield Renewable (NYSE:BEPC)

owns and operates a portfolio of renewable power and sustainable solution assets primarily in the U.S., Europe, Colombia and Brazil. According to its corporate profile, Brookfield operates hydroelectric, wind, solar and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 MW…

Shares feature a moderate buy consensus view.

7. Clean Energy Fuels (NASDAQ:CLNE)

provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the U.S. and Canada… Clean Energy Fuels ranks as the highest-risk, highest-reward prospect on this list of alternative energy stocks.

Analysts rate shares a consensus strong buy… projecting over 215% upside potential."

End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order

1. Title: Qualcomm a Top Socially Responsible Dividend Stock With 2.1% Yield (QCOM) on nasdaq.com. By BNK Invest.

2. Title: This ESG ETF Is Bucking the Trend on etftrends.com. By Nick Peters-Golden.

3. Title: 10 Best Brokers For ESG Investing in 2024 on benzinga.com. By Sam Boughedda.

4. Title: Invest in the Planet: 3 Sustainable Stocks for Earth Day 2024 on investorplace.com. By Andrea van Schalkwyk.

5. Title: 3 Renewable-Focused ETFs Just Hit 3-Year Lows. Are They Worth Buying Now? On fool.com. By Daniel Foelber.

6. Title: 7 stock picks for ESG-conscious investors on equities.com. By Faizan Farooque.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Best Ethical, ESG Stocks, for 2024."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on May 17th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Best ESG ETFs, Carbon Capture Stocks, More… Includes SRI ETFs, sustainable carbon capture stocks, analysis on Enphase or Plug Power?

By Ron Robins, MBA

Transcript & Links, Episode 128, April 19, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 128 titled "Best ESG ETFs, Carbon Capture Stocks, More…" It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 4 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

1. Best ESG ETFs, Carbon Capture Stocks, More…

It's been a while since I included an article focusing on ESG ETFs, so here's one from a good publication that just appeared on aol.com. It's titled Best ESG ETFs: Top funds for socially responsible investing. It's by Brian Baker at The Banker. Here are some quotes from the article.

"1) Vanguard ESG U.S. Stock ETF (ESGV)

The Vanguard ESG U.S. Stock ETF tries to match the performance of the FTSE U.S. All Cap Choice Index and screens for certain ESG criteria. Certain companies in the following industries are excluded from the fund: adult entertainment, alcohol, fossil fuels, gambling, nuclear power, tobacco and weapons.

• 5-year return (annualized): 14.6 percent
• Expense ratio: 0.09 percent

2) iShares Global Clean Energy ETF (ICLN)

The iShares Global Clean Energy ETF seeks to track the performance of an index of global stocks from the clean energy sector. These companies produce energy from renewable sources such as solar and wind.

• 5-year return (annualized): 8.0 percent
• Expense ratio: 0.41 percent

3) iShares ESG MSCI USA Leaders ETF (SUSL)

The iShares ESG MSCI USA Leaders ETF gives investors exposure to large- and mid-cap stocks that score highly on ESG issues relative to their sector peers. The fund avoids holding companies with low ESG ratings or severe controversies.

• 3-year return (annualized): 11.5 percent
• Expense ratio: 0.10 percent

4) Nuveen ESG Large-Cap Value ETF (NULV)

The Nuveen ESG Large-Cap Value ETF uses a passive approach to invest in large-cap companies with value characteristics that also meet certain ESG criteria.

• 5-year return (annualized): 7.9 percent
• Expense ratio: 0.26 percent

5) SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX)

The SPDR S&P 500 Fossil Fuel Reserves Free ETF gives investors focused on climate change exposure to the S&P 500 while eliminating companies that own fossil fuel reserves. It's a great choice if you're looking for fairly traditional investment exposure with a slight focus on climate change.

• 5-year return (annualized): 14.4 percent
• Expense ratio: 0.20 percent

6) iShares MSCI Global Sustainable Development Goals ETF (SDG)

The iShares MSCI Global Sustainable Development Goals ETF seeks to track the performance of an index made up of companies that derive the majority of their revenue from products and services that address at least one of the world's major social and environmental challenges as defined by the United Nations.

• 5-year return (annualized): 7.1 percent
• Expense ratio: 0.49 percent

7) iShares ESG Aware MSCI USA ETF (ESGU)

The iShares ESG Aware MSCI USA ETF tracks the results of an index of U.S. companies with ESG features that show a similar risk and return profile as the overall MSCI USA Index. The fund includes large- and mid-cap U.S. stocks, and those looking for exposure to high-performing stocks with an ESG-bent may find what they're looking for here.

• 5-year return (annualized): 14.2 percent
• Expense ratio: 0.15 percent"

End quotes.

-------------------------------------------------------------

2. Best ESG ETFs, Carbon Capture Stocks, More…

Now carbon capture has been gaining increasing attention as a means to reduce CO2. Hence, this article might interest many of you. It's titled TOP 5 CARBON CAPTURE STOCKS FOR SUSTAINABLE INVESTMENT. It's by the Ritz Herald and found on their site at ritzherald.com. Here are some quotes from the article commenting on some of the leading companies in this sector.

"Carbon capture technology has emerged as a promising avenue for mitigating the impact of greenhouse gasses on the environment…

Research shows that the carbon capture market is predicted to hit $7.7 billion by 2025, further emphasizing the potential for growth in this sector. With governments worldwide implementing stricter regulations on emissions and offering incentives for carbon capture initiatives, the market is ripe for investment…

The top five carbon capture stocks identified herein not only offer potential returns for investors but also contribute to a cleaner, more sustainable future for generations to come.

1) Dotz

is a leading nanotechnology company traded on the ASX [Australian Securities Exchange], is at the forefront of innovation with its carbon-based nanotechnologies…

Dotz's primary focus is on DotzEarth, a revolutionary CO2 capture carbon-based sorbent technology designed for industrial decarbonization, which addresses two major environmental challenges – 1) industrial carbon emissions and 2) plastic pollution.

2) Aker Carbon Capture

is a specialized enterprise dedicated to carbon capture, offering an array of solutions, services, and technologies tailored for various industries. These encompass sectors such as cement, bioenergy, waste-to-energy, gas-to-power, and blue hydrogen…

Its distinctive post-combustion capture technology is the culmination of an extensive eight-year research and development endeavor known as SOLVit. Throughout this program, numerous solvent mixtures were meticulously tested and compared to refine the innovation. The resulting plants boast several key advantages, including minimal energy demands, a highly durable solvent, and outstanding performance in health, safety, security, and environment (HSSE) metrics.

3) FuelCell Energy

delivers efficient, affordable, and environmentally friendly solutions for energy supply, recovery, and storage… These systems cater to utilities, industrial entities, and large municipal power users, offering a diverse range of solutions including utility-scale power generation, on-site power, carbon capture, local hydrogen production for transportation and industry, and long-duration energy storage…

4) Equinor

is a global energy enterprise dedicated to fostering lasting value creation in a future characterized by low-carbon initiatives…

As a key player on the Norwegian continental shelf and with substantial international operations, Equinor is deeply involved in the exploration, development, and production of oil and gas resources, alongside expanding interests in wind and solar power.

5) Delta CleanTech

has been at the forefront of delivering state-of-the-art technology for pre/post-combustion CO2 capture from industrial sources since 2004… Central to Delta's portfolio is its CO2 capture system, known as Low-Cost Design or LCDesign®. This innovative system is designed to significantly reduce various key parameters, including CAPEX & OPEX (CO2 Cost), emissions, effluent, waste, chemical, and water consumption, as well as plant size and labor requirements."

End quotes.

-------------------------------------------------------------

3. Best ESG ETFs, Carbon Capture Stocks, More…

The next article appeared on the renowned Morningstar.com site. It's titled 2 Sustainable Index Stocks With Room to Grow and is by Muskaan Hemrajani and Leslie P. Norton. Here's a little of what they said about their picks.

"WestRock and Carnival surged in 2023 but still look cheap today… That's our conclusion after perusing the Morningstar US Sustainability Index, which seeks to reduce ESG risk while tracking the Morningstar US Large-Mid Cap Index…

1) WestRock WRK

Morningstar Rating: 3 Stars

Fair Value: $55.00

ESG Risk Rating: Medium

Price (as of April 8, 2024): $49.25

WestRock manufactures corrugated packaging and consumer packaging products, such as folding cartons and paperboard. It accounts for roughly 20% of the North American containerboard market and is the second-largest producer. The company has returned nearly 60% in the past year…

Spencer Liberman, Morningstar equity analyst, writes: 'WestRock is exposed to some environmental, social, and governance risks, including carbon emissions from the firm's operation and sizable water usage for production. However, we don't believe these risks could result in material value destruction.'

2) Carnival CCL

Morningstar Rating: 5 Stars

Fair Value: $27.50

ESG Risk Rating: Medium

Price (as of April 8, 2024): $15.66

Carnival is trading at a 45% discount.

Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it has reached again in 2023…

Writes Jamie Katz, equity analyst at Morningstar, in a report. 'Carnival's first-quarter performance suggests continuing demand momentum. Net yields were up 18%, helped by an 11% increase in occupancy, along with ticket and onboard gains.'"

End quotes.

-------------------------------------------------------------

4. Best ESG ETFs, Carbon Capture Stocks, More…

Many of you are likely invested in the stocks covered in this next article titled Enphase Energy vs. Plug Power: Which Alternative Energy Stock Does Wall Street Like Best? It's by Ebube Jones at Barcharts and found on theglobeandmail.com site. Now some quotes from the article.

"The Case for Enphase Energy Stock (ENPH)

With a market cap of $16 billion, Enphase Energy is a big name in the solar energy game. They're all about making solar power more efficient and user-friendly, offering tech like microinverters and energy storage systems to both homeowners and business customers…

At current levels… Enphase stock is priced at a discount…

Out of 34 analysts… Enphase has landed a 'moderate buy' rating overall… The average target price is pegged at $125.38, suggesting a potential 4.4% upside from here.

The Case for Plug Power Stock (PLUG)

Plug Power is making waves in the hydrogen and fuel cell tech scene, focusing on creating hydrogen fuel cell systems that could replace the usual batteries in electric-powered equipment and vehicles. They've got a lineup of tech that includes fuel cells, hydrogen fueling stations, and even their own green hydrogen production.

Wall Street's take on Plug Power is a cautious 'hold.' The average target price for PLUG is $5.30, about 79% north of current levels.

The Verdict: Enphase Edges Out Plug Power

Enphase Energy seems to be the Wall Street favorite of these two clean energy stocks… Plug Power, on the other hand, is stuck at a 'hold,' and has yet to turn a profit… But, keep an eye on Plug Power too - if they can get those hydrogen plants up and running and start turning a profit, they could be a serious contender in the longer haul."

End quotes.

-------------------------------------------------------------

5. Best ESG ETFs, Carbon Capture Stocks, More…

I'm going to end with this article titled Al Gore's Hedge Fund Loves This $445 Billion Stock. It's by the Motley Fool and seen on theglobeandmail.com.

"Al Gore, the former U.S. vice president, co-founded Generation Investment Management in 2004. Today, the firm manages nearly $50 billion, all of which is directed to investments that the firm believes won't destroy the planet…

Where is Al Gore's investment firm putting money to work today? One of its biggest investments -- a stake worth roughly $560 million -- is in a company nearly everyone knows well: Mastercard (NYSE: MA)…

During the past two decades, Mastercard stock has risen more than 10,000% in value…

Gore's firm has owned Mastercard stock since the second quarter of 2022. Don't be surprised to still see it in the portfolio many years down the road." End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order

1) Title: How First Solar Crushed Its Solar Energy Rivals on finance.yahoo.com. By Travis Hoium, The Motley Fool.

2) Title: 4 Alternative Energy Stocks to Buy Buoyed by Solid Investments on finance.yahoo.com. By Aparajita Dutta.

3) Title: 3 Renewable Energy Stocks to Ride the Mega Trend Higher on investorplace.com. By Terel Miles.

4) Title: Wall Street Favorites: 3 Renewable Energy Stocks With Strong Buy Ratings for April 2024 on investorplace.com. By Faizan Farooque.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Best ESG ETFs, Carbon Capture Stocks, More…"

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on May 3rd.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Top Climate-Smart Stocks includes one article with 26 global picks. Another article refers to ESG companies in 'unassailable' market positions.

By Ron Robins, MBA

Transcript & Links, Episode 127, April 5, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 127 titled "Top Climate-Smart Stocks." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 2 article links below that time didn't allow me to review here.

-------------------------------------------------------------

26 climate-smart stocks shine in new BMO screen

I'm beginning with this article from Canada, but its recommended stocks are pertinent to investors globally. It's titled 26 climate-smart stocks shine in new BMO screen. It's by Freschia Gonzales and found on wealthprofessional.ca. Here are some quotes from the article.

"BMO Nesbitt Burns analyst Doug Morrow has launched a new 'climate opportunities screen' targeting stocks positioned to thrive in the fight against climate change, as reported by The Globe and Mail…

The selection process started with 432 stocks rated as outperform at BMO, evaluating them against criteria such as net-zero emissions policies, transparency in carbon emissions, and board oversight of climate targets…"

Here are the first 5 of the final 26 stocks on the list.

• Adobe Systems (ADBE)
• AstraZeneca (AZN)
• Avery Dennison (AVY)
• Baker Hughes Co. (BKR)
• BHP (BHP)." End quotes.

For the rest of the companies go to this podcast edition's web page at investingforthesoul.com/podcasts and click the link to this article.

-------------------------------------------------------------

5 Cheap Sustainable Stocks With Moats

The next article appeared on the renowned morningstar.com site. It's titled 5 Cheap Sustainable Stocks With Moats and it's by Muskaan Hemrajani and Leslie P. Norton. Now some quotes from the authors.

"These companies not only have low ESG risk scores, indicating that the companies are exposed to fewer environmental, social, and governance risks, but they are also trading at a price 50% lower than their fair values, according to Morningstar.

In addition, all five have been assigned a Morningstar Economic Moat Rating of wide or narrow by the analyst covering the stock…

Note: quoted stock prices are as of March 22, 2024.

1) Etsy ETSY

Fair Value: $140

Morningstar Rating: 4 stars

Price: $67.82

Etsy is trading at a 51% discount.

Etsy is a top-10 e-commerce marketplace operator in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods.

2) BorgWarner BWA

Fair Value: $72

Morningstar Rating: 5 stars

Price: $33.20

BorgWarner is trading at a 54% discount.

BorgWarner is a Tier I auto-parts supplier with three operating segments: An air management group, a drivetrain and battery systems group, and an e-propulsion segment.

3) Sirius XM Holdings SIRI

Fair Value: $7.50

Morningstar Rating: 5 stars

Price: $3.88

This stock is trading at a 48% discount.

Sirius XM Holdings consists of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its satellite radio network, primarily to consumers who pay a subscription fee, often tied to a vehicle. Pandora, acquired in February 2019, is a streaming music platform that offers an ad-supported radio option and a paid on-demand service.

4) Aptiv PLC APTV

Fair Value: $148

Morningstar Rating: 5 stars

Price: $78.72

This stock is trading at a 46% discount.

Aptiv is an automotive supplier. Its signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems.

5. Charter Communications CHTR

Fair Value: $550

Morningstar Rating: 5 stars

Price: $290

This stock is trading at a 46% discount.

Charter owns cable TV networks. It is the product of the 2016 merger of three cable companies: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million US homes and businesses, around 40% of the country.

End quotes.

-------------------------------------------------------------

The Ethical Investor's Dream: 7 Socially Responsible Stocks With Skyrocketing Potential

Now Investor Place has produced some interesting research articles with many ESG and sustainably oriented stock picks. Their latest article is this one titled The Ethical Investor's Dream: 7 Socially Responsible Stocks With Skyrocketing Potential. It's by Josh Enomoto.

"1) Microsoft (NASDAQ:MSFT)

While Microsoft ranks among one of the biggest technology companies in the world… it ranked as number one on Investor's Business Daily's (IDB) 100 Best ESG Companies for 2023 list. Judging from its nearly 16% upside performance since the beginning of January, it's ethical and viable…

Experts rate Microsoft a strong buy with a $470.30 average price target. That implies about 10% upside potential.

2) Alphabet (NASDAQ:GOOGL)

Another world-renowned tech giant, Alphabet came in at number 25 on IDB's list for top ESG companies last year. Fundamentally, the company should benefit from its ownership of the Google ecosystem. Commanding an overwhelming market share of the search engine space, Alphabet probably isn't going anywhere but up…

Alphabet carries a strong buy consensus view with a $165.37 price target, implying about 10% upside.

3) TJX Companies (NYSE:TJX)

TJX Companies is a discount retailer… it specializes in off-price apparel, shoes and accessories. It made number 22 on IDB's list of top ESG businesses in 2023. On a fundamental note, the gradual return to normalization could see increased demand for cheap business casual attire…

Analysts rate TJX a strong buy with a $110.84 average price target, implying over 11% growth potential.

4) Air Products and Chemicals (NYSE:APD)

provides atmospheric gases, process and specialty gases, equipment, and related services throughout the world. On IDB's ESG list last year, Air Products came in at number 18. To be fair, it's one of the riskier ideas on this list, with shares losing 13% year-to-date…

Air Products and Chemicals also carries a moderate buy view with a $272 price target, implying 15% upside potential. If you want a potentially discounted opportunity among socially responsible stocks, this might be it.

5) Mondelez (NASDAQ:MDLZ)

A multinational confectionary, food, beverage and snack company, offers everyday relevance for investors and consumers. And if the economy gets a bit wobbly, Mondelez should rise as a beneficiary of the trade-down effect. Notably, Mondelez ranked as number 15 on IDB's top ESG list…

Experts rate Mondelez a strong buy with an $83.47 price target.

6) Bunge (NYSE:BG)

A critically important name among socially responsible stocks, Bunge operates as an agribusiness and food company worldwide. It conducts operations through four segments: Agribusiness, Refined and Specialty Oils, Milling and Sugar and Bioenergy. On IDB's ESG list, Bunge came in at number 11…

Analysts are optimistic with Bunge's chart performance, rating it a moderate buy with a $115.30 target. That implies more than 16% growth potential.

7) Adobe (NASDAQ:ADBE)

Another top-tier technology enterprise, Adobe is a software giant. It's perhaps best known for its Photoshop program and other products aimed at the creatives community. Because of the rise of the gig economy, Adobe could be more important than many people realize. As for its inclusion as one of the socially responsible stocks, Adobe ranked as number 14 in IBD's top ESG list…

Analysts rate Adobe a moderate buy with a $620.63 target, implying over 24% upside potential."

End quotes.

-------------------------------------------------------------

Benefits of Sustainable Investing and 3 Companies Paving the Way!

This next article comes from a site I haven't seen before – techbullion.com. Its author, Adriaan Brits, offers some good insights backing his stock picks. It's titled Benefits of Sustainable Investing and 3 Companies Paving the Way! Here's some of what Mr. Brits says about his picks.

"1) AGCO: Advancing Agricultural Sustainability

AGCO, an American agricultural machinery manufacturer, has emerged as a compelling option for sustainable investing. AGCO integrates sustainability into its core business strategy, emphasizing innovation and technology to make agriculture more efficient, productive, and environmentally friendly.

2) ICL Group: Promoting Sustainable Agriculture and Nutrition

ICL Group, a leading global specialty minerals company, and one of the largest fertilizer manufacturers in the world, offers another attractive opportunity for sustainable investment. ICL's operations center around producing a sustainable food supply, focusing on soil health, plant nutrition, and food quality.

3) John Deere: Pioneering Precision Agriculture

John Deere, a familiar name in agricultural machinery, has been pushing boundaries to make farming sustainable and efficient. The company's focus on innovations to improve machinery efficiency and promote agriculture makes it a promising prospect for sustainable investors."

End quotes.

-------------------------------------------------------------

Why I Keep Loading Up on These High-Yielding, Renewable-Energy Dividend Stocks

Lastly, is another article by an analyst who is frequently covered in these podcasts: Matt DiLallo at The Motley Fool. This article is titled Why I Keep Loading Up on These High-Yielding, Renewable-Energy Dividend Stocks and it's seen on finance.yahoo.com. Quotes…

"The transition to renewable energy is one of the biggest investment megatrends of our lifetime. Over the coming decades, the world needs to invest trillions of dollars to decarbonize the economy. That should power above-average growth for companies focused on those sectors in years to come.

I want to cash in on this megatrend. That's why I've been loading up on renewable-energy stocks. I recently bought a few more shares of NextEra Energy Partners and Brookfield Renewable. Here's why I believe they could generate powerful total returns over the long term.

1) NextEra Energy Partners (NYSE: NEP)

NextEra Energy Partners has hit a speed bump in recent years. Surging interest rates have driven up its cost of capital. Not only have borrowing costs risen, but its stock price has lost nearly 70% of its value from the peak in early 2022, driving its dividend yield up to 13%. That has made it more difficult to secure new funding at an attractive rate to refinance existing financing as it matures and obtain new capital for acquisitions. Because of that, the company has had to alter its strategy…

If NextEra Energy can execute its plan, it could produce powerful total returns. It would pay a very lucrative and growing dividend. On top of that, it has significant stock-price appreciation potential as its share price recovers. While there's a high risk of a dividend cut due to its high payout ratio, a reduction could accelerate its recovery by enabling it to retain more cash to fund growth and strengthen its balance sheet. This high upside potential is why I continue loading up on its stock.

2) Brookfield Renewable (NYSE: BEPC)(NYSE: BEP)

Brookfield Renewable has gotten caught up in the growth concerns weighing on NextEra Energy Partners. Its shares are more than 55% below their high in 2022. That pushed its dividend yield up over 6%.

However, its issues were more a matter of timing than problems with financing. The company grew its funds from operations by 7% per share last year despite rising rates and supply chain issues. That was slightly below its target of 10%, largely due to later-than-expected transaction closings in the fourth quarter. It also had one that didn't close because shareholders voted against the deal…

Brookfield's dividend income and earnings growth alone could power total annual returns in the mid-teens from here. Add in a recovery in its stock price, and the upside potential is even more significant."

End quotes.

-------------------------------------------------------------

One Other Honorable Mention

1) Title: Strong Buy Renewable Energy Stocks to Add to Your Q2 Must-Watch List on investorplace.com. ByVandita Jadeja.

One Article from Australia

1) Title: 10 ASX Cleantech Stocks (Updated 2024) on nasdaq.com. By Melissa Pistilli.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Top Climate-Smart Stocks."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on April 19th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Analysts' Sustainable Stock Picks. Infrastructure, renewable energy, and sustainable stocks with high dividend yields, that analysts say to buy now.

By Ron Robins

Transcript & Links, Episode 126, March 22, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 126 titled "Analysts' Sustainable Stock Picks." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there is also 1 article link below that time didn't allow me to review here.

-------------------------------------------------------------

Infrastructure Stocks to Buy Hand Over Fist in March by Lee Samaha

Infrastructure is an investment that most ethical and sustainable investors like to invest in. So I want to begin with this article. It's titled 3 Infrastructure Stocks to Buy Hand Over Fist in March and by Lee Samaha. It's found on fool.com. Here are some brief quotes from the article.

"1. Trimble (TRMB)

With Trimble… infrastructure projects can be precisely managed with a significant reduction in waste and the kind of cost overruns the industry is famous for. It's a key player in digitally transforming how infrastructure is built and maintained…

Based on Wall Street analyst estimates, Trimble will trade at slightly less than 20 times the estimated free cash flow in 2025, a highly attractive multiple…

2. Freeport-McMoRan (FCX)

The (copper) miner has the resources and the financial flexibility to invest in increasing supply, and to benefit from increased prices for copper. That's why it's the best mining stock to buy in 2024.

3. Atkore (ATKR)

Atkore [is] a leading manufacturer of products used in electrical power systems in its electrical segment. It also manufactures metal frames and pipes -- among other things -- in its safety and infrastructure segment.

Atkore's earnings could significantly improve in the coming years, and so the stock looks like a good value trading on 10 times its estimated 2024 earnings." End quotes

-------------------------------------------------------------

5 Sustainable Stocks With a High Yield by Muskaan Hemrajani

Sustainable stocks with high yields are also in demand by investors. Hence, I thought this article would be of interest. It's titled 5 Sustainable Stocks With a High Yield by Muskaan Hemrajani on morningstar.com. Now some of what Mr. Hemrajani has to say about his picks.

"1. Best Buy (BBY)

January 2024 Dividend Yield 5.08%

Price: $78.21 as of March 6, 2024

Fair Value Estimate: $90

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

According to Morningstar senior equity analyst Sean Dunlop, 'Best Buy's dividend should be safe, with its 5%-plus yield looking quite attractive to income investors.'

2. Prudential Financial (PRU)

January 2024 Dividend Yield 4.77%

Price: $109.61 as of March 6, 2024

Fair Value Estimate: $108

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

'Overall, the company has returned approximately $26 billion to shareholders in the past eight years through dividends and share repurchases,' Morningstar equity analyst Suryansh Sharma wrote in a report…

Prudential Financial provides a variety of financial-services products.

3. Exelon (EXC)

January 2024 Dividend Yield 4.14%

Price: $36.68 as of March 6

Fair Value Estimate: $39

Morningstar Rating: 4 stars

Morningstar ESG Risk Rating Assessment: Medium

Exelon is a pure-play electric and gas transmission and distribution utility that provides investors with a stable earnings profile.

4. Interpublic Group of Companies (IPG)

January 2024 Dividend Yield 3.76%

Price: $31.85 as of March 6.

Fair Value Estimate: $39

Morningstar Rating: 4 stars

Morningstar ESG Risk Rating Assessment: Negligible

Interpublic Group is one of the global Big Five advertising holding companies…

IPG has consistently increased its dividend, posting 7% average annual growth over the past five years.

5. HP (HPQ)

January 2024 Dividend Yield 3.7%

Price: $30.23 as of March 6

Fair Value Estimate: $27

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

'We don't anticipate HP improving its midcycle growth potential or margin profile, but we do expect it to continue generating heady cash flow and sending nearly all of it back to shareholders between its dividend and repurchase program,' Morningstar equity analyst William Kerwin (said)." End quotes.

-------------------------------------------------------------

3 Renewable Energy Stocks That Are Screaming Buys in March by Matt DiLallo

And back to a usual favorite with this article titled 3 Renewable Energy Stocks That Are Screaming Buys in March. It's by a familiar analyst in this space: Matt DiLallo -- and seen on finance.yahoo.com.

"1. NextEra Energy (NYSE: NEE)

Shares of NextEra Energy have slumped 25% over the past year. That price drop has driven its dividend yield up to around 3.7%, its highest level over the past decade…

The company should have plenty of power to continue growing its earnings at a healthy rate.

2. Brookfield Renewable (NYSE: BEPC) (NYSE: BEP)

Brookfield Renewable stock has shed about 17% of its value over the past year, driving its dividend yield up to 5.8%.

Growth drivers include renewable-energy development projects, inflation-driven rate increases, margin enhancement activities, and mergers and acquisitions.

3. Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A)

Clearway Energy's stock has tumbled nearly 30% over the past year, driving its dividend yield to an eye-popping 7.3%... Given the growth ahead for renewable energy, there should be plenty of investment opportunities."

End quotes.

-------------------------------------------------------------

15 Biggest Wind Energy Companies in the World by Meerub Anjum

This analysis of wind energy companies will interest many of you too. It's titled 15 Biggest Wind Energy Companies in the World by Meerub Anjum and found on finance.yahoo.com. Now some brief quotes by Ms. Anjum.

"Please note that we converted market caps in foreign currencies to USD according to their respective exchange rates, as of March 13.

15. Northland Power Inc. (OTC:NPIFF)

Market Cap: $4.41 billion

The company operates offshore and onshore wind facilities in Europe and Canada.

14. Suzlon Energy Ltd (NSE:SUZLON)

Market Cap: $6.13 billion

Suzlon Energy Ltd. is one of the largest wind turbine manufacturers in the world.

13. Acciona S.A. (OTC:ACXIF)

Market Cap: $6.76 billion

Acciona, S.A… is a leading infrastructure and renewable energy company.

12. Brookfield Renewable Corporation (NYSE:BEPC)

Market Cap: $9.18 billion

The company provides wind, solar, and hydroelectric energy solutions.

11. Siemens Energy AG (ETR:ENR)

Market Cap: $12.29 billion

The company provides renewable energy services through its subsidiary, Siemens Gamesa Renewable Energy.

10. Avangrid, Inc. (NYSE:AGR)

Market Cap: $13.81 billion

The company serves more than 7 million people and has developed 8.7 GW of renewable energy capacity.

9. EDP Renováveis, S.A. (OTC:EDRVY)

Market Cap: $14.79 billion

The company has over 270 wind farms and operates in 28 international markets across the world.

8. Ørsted A/S (OTC:DNNGY)

Market Cap as of March 13: $21.42 billion

Ørsted A/S is a leading renewable energy company, specializing in the development, construction, and operation of offshore and onshore wind farms.

7. Vestas Wind Systems A/S (OTC:VWDRY)

Market Cap: $28.59 billion

Vestas Wind Systems A/S… specializes in the designing, manufacturing, and installing of wind turbines.

6. GE Vernova

Expected Revenue (2024): $35 billion

With an experience of more than 130 years, GE Vernova helps in the generation of nearly 30% of the world's electricity and has a significant role in energy transition.

5. Adani Green Energy Limited (NSE:ADANIGREEN)

Market Cap: $37.42 billion

The company has 12 wind power plants all over India.

4. Constellation Energy Corporation (NASDAQ:CEG)

Market Cap: $53.37 billion

The company operates 27 wind projects across 10 states, with the ability to produce nearly 1,400 MW of energy.

3. Enel SpA (OTC:ENLAY)

Market Cap: $69.12 billion

The company is a leader in renewable energy, providing wind, hydro, and energy storage services.

2. Iberdrola, S.A. (OTC:IBDRY)

Market Cap: $75.62 billion

The company installed 1,793 MW of offshore wind facilities at the end of 2023. An additional 3,000 MW will be in operation before 2027.

1. NextEra Energy, Inc. (NYSE:NEE)

Market Cap: $117.29 billion

The leading renewable energy company specializes in wind and solar energy. The company has tripled its wind energy production over the last decade. It has over 119 wind farms in operation." End quotes.

-------------------------------------------------------------

15 Biggest Solar Companies in the World by Meerub Anjum

Similarly to the above article is this one but on solar companies. It's also by Meerub Anjum and found on finance.yahoo.com. It's titled 15 Biggest Solar Companies in the World. Again, some brief quotes on each company.

"The biggest solar companies in the world are ranked in ascending order of their market caps, as of March 12, 2024. Please note that we have converted the market caps of foreign companies to USD according to their respective exchange rates as of March 12.

15. ReNew Energy Global Plc (NASDAQ:RNW)

Market Cap: $2.42 billion

The company specializes in solar and wind energy. Its projects contribute to 1.9% of the total power capacity in India.

14. Clearway Energy, Inc. (NYSE:CWEN)

Market Cap: $2.55 billion

The company boasts a diversified portfolio of renewable and conventional generation assets in the US, including solar and wind power generation.

13. Risen Energy Co Ltd (SHE:300118)

Market Cap: $2.66 billion

Risen Energy Co Ltd specializes in the research and development, production, sales, and service of solar modules, solar terminal application and integration, and photovoltaic technology.

12. Shanghai Aiko Solar Energy Co Ltd (SHA:600732)

Market Cap: $4.04 billion

The company specializes in the manufacturing of photovoltaic products, solar cells, ABC modules, battery storage, inverters, and energy management systems.

11. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Market Cap: $4.12 billion

The company specializes in solar energy solutions, DC-optimized inverters, PV power optimization, monitoring, and energy storage solutions.

10. GCL Technology Holdings Limited (OTC:GCPEF)

Market Cap: $4.44 billion

GCL Technology Holdings Limited is a leading renewable energy company, specializing in the manufacturing of solar materials and advanced solar technologies.

9. Xinyi Solar Holdings Limited (OTC:XISHY)

Market Cap: $7.31 billion

Xinyi Solar Holdings Limited is a leading solar company, specializing in the sale and production of solar products, the development and operation of solar farms, engineering and procurement, and construction services.

8. Nextracker Inc. (NASDAQ:NXT)

Market Cap: $8.21 billion

Nextracker specializes in solar tracking systems, monitoring and control, utility-scale solar power, solar power plant performance, solar software, and risk mitigation.

7. Trina Solar Co Ltd (SHA:688599)

Market Cap: $8.22 billion

Trina Solar Co Ltd specializes in smart energy solutions, solar PV modules, and solar projects.

6. Brookfield Renewable Corporation (NYSE:BEPC)

Market Cap: $9.18 billion

The company operates and develops renewable power facilities and has $52 billion in power assets under management.

5. JA Solar Technology Co Ltd (SHE:002459)

Market Cap: $9.20 billion

JA Solar Technology Co Ltd… specializes in the manufacturing of high-functioning photovoltaic products including solar panels, PV modules, solar modules, and solar projects.

4. Enphase Energy, Inc. (NASDAQ:ENPH)

Market Cap: $16.43 billion

Enphase Energy… specializes in solar energy, solar storage, solar power, microinverters, solar panels, PV modules, solar distributors and installers, residential and commercial solar systems, solar batteries, and energy storage.

3. First Solar, Inc. (NASDAQ:FSLR)

Market Cap: $17.03 billion

The company provides solar technology solutions and produces eco-efficient solar modules.

2. Adani Green Energy Ltd (NSE:ADANIGREEN)

Market Cap: $37.42 billion

Adani Green Energy Ltd… is a leading renewable energy company in India. It develops and operates utility-scale grid-connected solar power plants among other renewables.

1. NextEra Energy, Inc. (NYSE:NEE)

Market Cap: $117.29 billion

NextEra Energy… is a leading utilities and renewable energy company, specializing in solar and wind energy." End quotes.

-------------------------------------------------------------

Can retail clients be impact investors? By David Kitai

Now there's a particular reason I'm including this article titled Can retail clients be impact investors? It's by David Kitai on wealthprofessional.ca. The fund appears to now be available to both US and Canadian investors. You'll see why I'm including this article when you hear these quotes from it.

"Within the world of values based investing — which includes both ESG and socially responsible investing (SRI) — impact investing has largely been the remit of billionaires and foundations. Unlike ESG or SRI, which seek to avoid social harm in an investment portfolio, impact investing seeks to fund positive social changes. That sort of investing requires consensus on what constitutes positive change and relatively heavy involvement on the part of the impact investor, which is why it's been largely left outside the reach of retail investors…

Late last year, Franklin Templeton Canada launched the Franklin Martin Currie Improving Society Fund, which explicitly aims to provide Canadian retail investors with an impact strategy." End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order.

1) Title: 3 Stocks That Are Capitalizing on the Shift to Renewable Energy on investorplace.com. By Muslim Farooque.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Analysts' Sustainable Stock Picks."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on April 5th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Transcript & Links, Episode 125, March 8, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 125 titled "Top Ethical Companies and ESG Dividend Stocks." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 5 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

1. World's Most Ethical Companies in 2024

The first article for this episode is another great company ranking I've been following for many years. A press release titled World's Most Ethical Companies in 2024 best describes this ranking. It was found on finance.yahoo.com. Here are some quotes from it.

"Ethisphere, a global leader in defining and advancing the standards of ethical business practices, today announced the 136 companies that have earned the coveted designation of the World's Most Ethical Companies in 2024. This year's honorees span 20 countries and 44 industries.

2024 marks the 18th annual World's Most Ethical Companies recognition. As in previous years, honorees have demonstrated a commitment to ethical business practices through robust programs that positively impact employees, communities, and broader stakeholders, as well as contributing to sustainable, long-term business growth.

The full list of the 2024 World's Most Ethical Companies can be found on Ethisphere's website.

There are also six companies—Aflac (AFL), Ecolab (ECL), International Paper (IP), Kao Corporation (KAO0.MU), Milliken & Company (Private), and PepsiCo (PEP)—that have been recognized 18 times, every year since the inception of the World's Most Ethical Companies® in 2007…

The Ethics Premium: Integrity Outperforms

Ethisphere's Five Year Ethics Premium for 2024 is 12.3% This represents the margin by which publicly traded companies recognized in this year's World's Most Ethical Companies outperformed a comparable index of global companies over a five-year period from January 2019 to January 2024…

Methodology

The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion efforts; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class practices from organizations across industries and from around the world…"

End quotes.

-------------------------------------------------------------

2. 13 Best Environmental Dividend Stocks To Invest In According To Analysts

The next two articles are by Vardah Gill who does a terrific job of identifying the top ESG dividend-paying stocks from two perspectives. This first article focuses on dividends from stocks that also have at least a 15% stock price gain potential according to analysts. It's titled 13 Best Environmental Dividend Stocks To Invest In According To Analysts and found on finance.yahoo.com.

Here are some quotes from this first article by Ms. Gill, starting with how she conducted her research.

"We scanned the holdings of Vanguard ESG U.S. Stock ETF (ESGV), which is a market capitalization-weighted index composed of large-, mid-, and small-cap stocks of companies located in the United States that are screened for certain environmental, social, and corporate governance (ESG) criteria by the index provider, which is independent of Vanguard. From the index, we picked 13 stocks that pay dividends and have a projected upside potential of over 15% based on analyst price targets. The stocks are ranked according to their upside potential, as of February 23. Note: the quoted upside potentials and dividend yields are as of February 23.

13. S&P Global Inc. (NYSE:SPGI)

Upside Potential: 15.2%

S&P Global Inc. is a leading provider of financial market intelligence, including credit ratings, indices, data, and analytics…

(It) currently offers a quarterly dividend of $0.91 per share… The stock's dividend yield: 0.83%.

12. Pfizer Inc. (NYSE:PFE)

Upside Potential: 15.4%

An American biotech and pharmaceutical company…

The company offers a quarterly dividend of $0.42 per share and has a dividend yield of 6.05%.

11. Mid-America Apartment Communities, Inc. (NYSE:MAA)

Upside Potential: 15.9%

Mid-America Apartment Communities is a real estate investment trust company that focuses on the acquisition, development, redevelopment, and management of multifamily apartment communities…

The stock has a dividend yield of 4.65%.

10. Morgan Stanley (NYSE:MS)

Upside Potential: 16.4%

Morgan Stanley is a global financial services firm that provides a wide range of related services to its consumers…

Morgan Stanley… currently offers a quarterly dividend of $0.85 per share and has a dividend yield of 3.93%.

9. Becton, Dickinson and Company (NYSE:BDX)

Upside Potential: 16.5%

Becton, Dickinson and Company is a global medical technology company that specializes in the development, manufacturing, and sale of medical devices, instrument systems, and reagents…

The stock's dividend yield… came in at 1.54%.

8. Realty Income Corporation (NYSE:O)

Upside Potential: 16.69%

It currently pays a monthly dividend of $0.2565 per share and has a dividend yield of 5.81%.

7. Microsoft Corporation (NASDAQ:MSFT)

Upside Potential: 16.8%

Microsoft Corporation… pays a quarterly dividend of $0.75 per share and has a dividend yield of 0.73%.

6. Archer-Daniels-Midland Company (NYSE:ADM)

Upside Potential: 17.04%

The global food processing and commodities trading company… currently pays a quarterly dividend of $0.50 per share and has a dividend yield of 3.74%.

5. NIKE, Inc. (NYSE:NKE)

Upside Potential: 17.60%

NIKE is a multinational corporation that designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide… currently pays a quarterly dividend of $0.37 per share and has a dividend yield of 1.40%.

4. Air Products and Chemicals, Inc. (NYSE:APD)

Upside Potential: 18.16%

Air Products and Chemicals is an American gases company that specializes in producing and distributing atmospheric gases, process gases, and specialty gases… the stock has a dividend yield of 3.04%.

3. Albemarle Corporation (NYSE:ALB)

Upside Potential: 22.08%

Albemarle Corporation is a global specialty chemicals company that develops, manufactures, and markets a wide range of chemicals and chemical-based products… The stock's dividend yield: 1.33%.

2. AT&T Inc. (NYSE:T)

Upside Potential: 22.3%

AT&T is an American multinational telecommunications conglomerate… It currently pays a quarterly dividend of $0.2775 per share and has a dividend yield of 6.61%.

1. American Tower Corporation (NYSE:AMT)

Upside Potential: 26.6%

An American real estate investment trust company, American Tower Corporation tops our list of the best environmental dividend stocks… The company… currently pays a quarterly dividend of $1.70 per share… the stock offers a dividend yield of 3.58%."

End quotes.

-------------------------------------------------------------

3. 12 Best ESG Dividend Stocks to Buy According to Hedge Funds

This second article by Ms. Gill is titled 12 Best ESG Dividend Stocks to Buy According to Hedge Funds. The companies – though also derived from the Vanguard U.S. Stock ETF – are ranked by hedge fund ownership. The only duplicate company in the two lists is Microsoft.

So, here's Ms. Gill's description of her methodology and edited brief quotes about the selected companies.

"We scanned the holdings of Vanguard ESG U.S. Stock ETF (ESGV) which is a market capitalization-weighted index composed of large-, mid-, and small-cap stocks of companies located in the US that are screened for certain environmental, social, and corporate governance (ESG) criteria by the index provider, which is independent of Vanguard. From the index, we picked 12 stocks that pay dividends and have garnered the most attention from hedge fund investors by the conclusion of Q4 2023, using data from Insider Monkey's database. The stocks are ranked in ascending order of the number of hedge funds having stakes in them. Hedge funds' top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Note: quoted dividend yields are as of February 28.

12. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 71

The Procter & Gamble Company is an Ohio-based multinational consumer goods company…

(It) currently offers a quarterly dividend of $0.9407 per share and has a dividend yield of 2.36%.

11. AbbVie Inc. (NYSE:ABBV)

Hedge Fund Holders: 76

The global biopharmaceutical company's… dividend yield: 3.46%.

10. Broadcom Inc. (NASDAQ:AVGO)

Hedge Fund Holders: 91

Broadcom is a multinational technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company pays a quarterly dividend of $5.25 per share and has a dividend yield of 1.62%.

9. Merck & Co., Inc. (NYSE:MRK)

Hedge Fund Holders: 98

Merck & Co. is an American multinational pharmaceutical company… The company currently offers a quarterly dividend of $0.77 per share and has a dividend yield of 2.39%.

8. Eli Lilly and Company (NYSE:LLY)

Hedge Fund Holders: 102

An American pharmaceutical company, Eli Lilly… offers a quarterly dividend of $1.30 per share… The stock's dividend yield came in at 0.68%.

7. JPMorgan Chase & Co. (NYSE:JPM)

Hedge Fund Holders: 103

JPMorgan Chase & Co. provides a wide range of banking services to individuals, businesses, and institutions… it pays a quarterly dividend of $1.05 per share and has a dividend yield of 2.29%.

6. UnitedHealth Group Incorporated (NYSE:UNH)

Hedge Fund Holders: 113

UnitedHealth Group Incorporated… offers a per-share dividend of $1.88 every quarter… the stock has a dividend yield of 1.52%.

5. Apple Inc. (NASDAQ:AAPL)

Hedge Fund Holders: 131

Apple declared a quarterly dividend of $0.24 per share on February 1… The stock's dividend yield: 0.53%.

4. Mastercard Incorporated (NYSE:MA)

Hedge Fund Holders: 141

The global financial tech company… offers a quarterly dividend of $0.66 per share… with a dividend yield of 0.56%.

3. Visa Inc. (NYSE:V)

Hedge Fund Holders: 162

It offers a quarterly dividend of $0.52 per share and has a dividend yield of 0.74%.

2. NVIDIA Corporation (NASDAQ:NVDA)

Hedge Fund Holders: 173

On February 22, the company announced a quarterly dividend of $0.04 per share… The stock has a dividend yield of 0.02%.

1. Microsoft Corporation (NASDAQ:MSFT)

Hedge Fund Holders: 302

Microsoft Corporation tops our list of the best ESG dividend stocks… The company… pays a quarterly dividend of $0.75 per share. The stock's dividend yield: 0.74%."

End quotes.

-------------------------------------------------------------

4. 4 Clean Energy Stocks That Have Defied the Odds

Now, since clean energy stocks have had such a hard time recently, I thought that this article would interest many of you. It's titled 4 Clean Energy Stocks That Have Defied the Odds. It's by Avi Salzman and seen on barrons.com.

Here's a key chart from the article.

"Clean energy stocks had a miserable 2023… The WilderHill Clean Energy Index is down 47% in the past year…

It's worth understanding what has set the handful of winning stocks apart. Several of them help facilitate clean energy projects, without being on the hook for financing them.

Green Energy Winners

Company / Ticker

Recent Price

Market Value (billion)

YTD Price Change

2024 P/E

Nextracker / NXT

$57.94

$8.4

23.7%

20

MYR Group / MYRG

163.66

2.7

13.2

25

Quanta Services / PWR

234.39

34.2

8.6

28

Gentherm / THRM

55.68

1.8

6.3

21

Source: FactSet"

End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order.

1. Title: 12 Best Wind Power and Solar Stocks To Buy on yahoo.com. By Fahad Saleem.

2. Title: 7 Renewable Energy Stocks That Could be Overlooked Gems on investorplace.com. By Chris Markoch.

3. Title: 5 Biggest Clean Energy ETFs in 2024 on nasdaq.com. By Melissa Pistilli.

4. Title: 8 Best Green Stocks and ETFs to Buy for 2024 on money.usnews.com. By Matt Whittaker.

5. Title: The Top 3 Infrastructure Stocks to Buy in March 2024 on investorplace.com. By Charles Munyi.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Top Ethical Companies and ESG Dividend Stocks."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

I'll talk to you next on March 22nd.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

The Greenest Global Companies podcast features Corporate Knights and As You Sow's 2024 Clean 200 global green company rankings. Plus

Ron Robins, MBA

Transcript & Links, Episode 124, February 23, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 124 titled "The Greenest Global Companies." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 8 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

List of Clean 200 companies captures the green transition in full flight

I'm beginning this podcast with one of my favorite company rankings that has just been released! It's on corporateknights.com and titled List of Clean 200 companies captures the green transition in full flight. The introduction is by Rick Spence. Here are some quotes by Mr. Spence.

"Released by Corporate Knights and California-based shareholder advocates As You Sow on February 15, the 11th Clean200 ranking captures the green transition in full flight, cataloguing those public companies that are earning the most from sustainable sources. Crucially, it also signals to investors – venture capitalists, institutions and individuals alike – that a wide range of companies are capitalizing on new-economy principles without sacrificing annual returns or opportunities for growth.

Between July 1, 2016, and January 15, 2024, Clean200 companies generated a total return of 103.5%. Although they underperformed the MSCI ACWI broad market index, which grew 114.4%, the Clean200 trounced the key index of global fossil fuel companies (the MSCI ACWI/Energy Index), which gained only 64.5% through those years.

And that's the big deal, says As You Sow CEO Andrew Behar, who co-authored the 2024 study. 'In 2016, we created the Clean200 in response to investors saying, if we divest fossil fuels, there is nothing to invest in.' Eight years later, the message is clear: 'Investors who are not tilting their portfolios toward a clean future do so at their own peril.'

Top Companies

In first place again is Apple (AAPL)… Other blue-chip names on the list include Tesla (TSLA) (number three), HP (HPQ) (five), Microsoft (MSFT) (six), Daimler (DTG.DE) (12), BMW (BMW.DE) (16), Nissan (NSANY) (36), Nike (NKE) (50), Swatch (UHR.SW) (157) and even the iconic U.S. Steel (X) (177) – which recently committed to being zero-carbon by 2050.

'Our mission is to shine a light on the heroes of the battle against climate change,' notes report co-author Toby Heaps, CEO of Corporate Knights. 'The 2024 Clean200 proves there are true sustainability champions out there. The key is to rigorously apply a scientifically inspired method to identify these gems.'

In total, Clean200 companies earned more than $2.2 trillion in sustainable revenue in 2022, deriving on average 54.7% of their revenues from sustainable business activities, versus 13.6% for their MSCI ACWI peers… The ranking excludes firms involved in industries such as fossil fuels, deforestation, prisons, weapons and tobacco – as well as companies that engage in blocking climate policies.

Leading the pack is the U.S., with 39 companies making the list this year. Other blooming centres of corporate sustainability are China (23), Japan (18) and France (13), followed by Brazil, Canada and Germany with 10 companies each."

End quotes

-------------------------------------------------------------

13 Best Renewable Energy Stocks To Buy According to Hedge Funds

Next up is back to energy with this article titled 13 Best Renewable Energy Stocks To Buy According to Hedge Funds. It's by Fatima Farooq and seen on finance.yahoo.com. Here's some of what Ms. Farooq says.

"We selected the names for our list of the best renewable energy stocks to buy by consulting Insider Monkey's hedge fund data for the third quarter… Hedge funds' top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here)".

13. Daqo New Energy Corp. (NYSE:DQ)

Number of Hedge Fund Holders: 18

It manufactures and sells polysilicon to photovoltaic product manufacturers in China to be used in ingots, wafers, cells, and modules for solar power solutions.

12. Avangrid, Inc. (NYSE:AGR)

Hedge Fund Holders: 19

Anthony Crowdell at Mizuho holds a Neutral rating and a $34 price target on Avangrid, Inc. as of January 3…

Avangrid… engages in the renewable energy generation business in the US, focusing on onshore wind power, solar, biomass, and thermal.

11. Clearway Energy, Inc. (NYSE:CWEN)

Hedge Fund Holders: 23

Clearway Energy… has about 5,500 net megawatts of installed wind and solar generation projects…

Oppenheimer's Noah Kaye maintains an Outperform rating and a $37 price target on Clearway Energy… as of January 19.

10. Green Plains Inc. (NASDAQ:GPRE)

Hedge Fund Holders: 24

Green Plains… produces, stores, distributes, and sells clean fuel…

On January 30, Goldman Sachs analyst Adam Samuelson maintained a Buy rating and a $34 price target on Green Plains.

9. Sunrun Inc. (NASDAQ:RUN)

Hedge Fund Holders: 26

Sunrun Inc. designs, develops, installs, and sells residential solar energy systems in the US …

A Buy rating and a $28 price target were maintained on Sunrun Inc. on January 3 by Mizuho's Maheep Mandloi.

8. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Hedge Fund Holders: 27

Christopher Souther at B. Riley Securities maintains a Buy rating and a $133 price target on SolarEdge Technologies… as of February 5.

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations.

7. Algonquin Power & Utilities Corp. (NYSE:AQN)

Hedge Fund Holders: 28

On January 8, Ben Pham at BMO Capital upgraded Algonquin Power & Utilities Corp. from Market Perform to Outperform and placed a $7.50 price target on the stock…

Algonquin Power & Utilities Corp. is a renewable energy and utility company.

6. Enbridge Inc. (NYSE:ENB)

Hedge Fund Holders: 35

Enbridge is an energy company with a proactive Renewable Power Generation segment that operates assets such as wind, solar, geothermal, and waste heat recovery.

5. Enphase Energy, Inc. (NASDAQ:ENPH)

Hedge Fund Holders: 40

Enphase Energy designs and manufactures home energy solutions for the solar photovoltaic industry in the US and internationally… A Buy rating and a $140 price target were maintained on Enphase Energy… on February 1 by Philip Shen at Roth MKM.

4. Constellation Energy Corporation (NASDAQ:CEG)

Hedge Fund Holders: 45

Constellation Energy Corporation is a producer of carbon-free energy with about 32,355 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets.

3. First Solar, Inc. (NASDAQ:FSLR)

Hedge Fund Holders: 49

First Solar is a provider of photovoltaic solar energy solutions… On January 3, Maheep Mandloi maintained a Buy rating on First Solar alongside a $196 price target.

2. NextEra Energy, Inc. (NYSE:NEE)

Hedge Fund Holders: 58

NextEra Energy… generates electricity through wind, solar, nuclear, coal, and natural gas facilities.

RBC Capital's Shelby Tucker reiterated an Outperform rating and a $74 price target on NextEra Energy on January 30.

1. General Electric Company (NYSE:GE)

Hedge Fund Holders: 76

GE… provides green energy solutions by combining onshore and offshore wind, blade manufacturing, grid solutions, hydro storage, hybrid renewables, and more…

Overweight rating and a $153 price target were maintained on General Electric on January 24 by Julian Mitchell at Barclays."

End quotes

-------------------------------------------------------------

Profit and Purpose: 7 Standout Stocks for the Ethical Investor

This next article covers some well-known companies. It's titled Profit and Purpose: 7 Standout Stocks for the Ethical Investor by Josh Enomoto, on investorplace.com. Here are some quotes on each of his picks.

"1. Waste Management (NYSE:WM)

It's one of the leaders in environmental sustainability with a focus toward waste reduction and renewable energy initiatives. For one thing, the company owns a vast network of recycling facilities…

Second, the company forwards a waste-gas-to-energy project. Per its website.

Analysts rate shares a consensus moderate buy with a high-side target hitting $230.

2. NextEra Energy (NYSE:NEE)

Commanding a presence in 49 states… (and) through its vast network of facilities – including solar and wind turbines – NextEra Energy features about 72 gigawatts (GW) of operating capacity…

Rough economic conditions hurt NextEra Energy bad in the final months of 2023. However, analysts anticipate a recovery, pegging shares a moderate buy with a $69.60 average price target.

3. Costco (NASDAQ:COST)

I don't think it's an anecdote to say that most Americans love the open-warehouse-style big-box retailer… But where it really shines is how well Costco treats its employees… In 2022, data from Glassdoor noted that the retailer's employees rated the business a four out of five regarding worker satisfaction…

Analysts rate Costco stock a strong buy with a high-side target of $825.

4. Starbucks (NASDAQ:SBUX)

Starbucks… appeals to modern investors by emphasizing the 'S' component of ESG stocks… the company proudly boasts of its ethical sourcing of its key ingredients, from coffee beans to tealeaves to cocoa. In addition, its manufactured goods – from the merchandise on its shelves to the furniture in its stores – involve ethical sourcing…

Also, I'd be remiss not to mention Starbucks' youth empowerment, hunger relief, and inclusivity programs… And analysts love it, pegging shares a consensus strong buy.

5. Visa (NYSE:V)

According to a Forbes article in 2023, Visa represents the most carried card, printing a market share of 52.8%... Lots of folks love talking about the 'E' and the 'S' in ESG stocks. However, governance is also a major component of holistic ethics. Here, Visa's corporate governance practices help promote long-term value and accountability to its shareholders. Part of this involves ensuring diversity and inclusion and not just in the workforce itself but in the upper echelons of leadership…

Analysts rate shares a consensus strong buy with a $303.74 average price target.

6. Apple (NASDAQ:AAPL)

Maintaining high standards of governance, Apple focuses on a range of important issues. In June 2020, the company launched its Racial Equity and Justice Initiative, advancing opportunities for many people of color and Indigenous communities….

Also, Apple implements a shareholder voting process focused on executive compensation. That's one distinct mechanism to keep the company accountable to stakeholders. Overall, analysts peg shares a moderate buy with a $208.07 average price target. Notably, the high-side target hits $250, implying robust bullishness despite a soft start to 2024.

7. Microsoft (NASDAQ:MSFT)

Thanks to the tech giant's big investments in artificial intelligence, it has steadily rocketed higher since the 2022 doldrums. Further, as AI becomes more ingrained into everyday life, Microsoft stands to be a massive winner.

And when it comes to ethical stocks, the company may be the all-around champion… management set out ambitious environmental targets, most conspicuously being its aim to be carbon negative; that is, it will remove its historical emissions since its founding in 1975.

In addition, it's a huge player in social equity, promoting directives focused on encouraging women to participate in technology. Finally, MSCI Ratings awarded Microsoft an AAA rating, the highest rating available to organizations. Unsurprisingly, analysts love Microsoft, rating it a consensus strong buy with a $469.45 price target."

End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order.

1. Title: Top 10: Solar Companies found on energydigital.com. By Maya Derrick.

2. Title: 3 Solar Energy Stocks Poised for a Strong Comeback on investorplace.com. By Faisal Humayun.

3. Title: ESG Funds Bucking The Trend on fa-mag.com. By Ron Delegge.

4. Title: BK Named A Top Socially Responsible Dividend Stock on nasdaq.com. By BNK Invest.

5. Title: Get Rich Quick with These 7 Renewable Energy Stocks to Buy Now on investorplace.com. By Ian Cooper.

6. Title: 3 Strong Buy Renewable Energy Stocks to Add to Your February Must-Watch List on investorplace.com. By Tomas Levani.

7. Title: 3 Renewable Energy Stocks to Own Before the Election Frenzy Begins on investorplace.com. By Jeremy Flint.

8. Title: 3 Hidden-Gem Renewable Energy Stocks Ready to Ride a Massive Market Wave on investorplace.com. By Matthew Farley.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "The Greenest Global Companies."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

And, again, please look at my new totally revised website at investingforthesoul.com. Tell me what you think!

I'll talk to you next on March 8th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Ron Robins, MBA

Transcript & Links, Episode 123, February 9, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 123 titled "Great Sustainable Stocks and Funds for 2024." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 13 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

Top 10: ESG Stocks to Consider in 2024

I'm beginning this episode with an article titled Top 10: ESG Stocks to Consider in 2024. It's by Kate Birch and found on sustainabilitymag.com. Here are a few quotes by Ms. Birch on each of her picks.

"1. Nvidia

MSCI Rating: AAA

The microchip megastar is one of the biggest beneficiaries of the artificial intelligence boom… The company has built what looks like an unassailable lead in the AI race, accounting for more than 70% of AI chip sales and widely recognised as the best, not just the biggest…

MSCI finds that Nvidia – when the chips are down – could do better when it comes to corporate governance.

2. Microsoft

MSCI Rating: AAA

Microsoft is another tech giant… getting high on AI. Savvy investment in ChatGPT's creator OpenAI has put Microsoft in pole position… Microsoft is working toward 100% renewable energy by 2025, carbon negative by 2030, and has famously set out to offset all historical carbon emissions since it was formed in 1975 by 2050.

3. Best Buy

MSCI Rating: AAA

The tech retail giant which has more than 1,000 stores in the US and Canada… The company has pledged to be carbon neutral by 2040 and has already reduced carbon emissions by two thirds since 2009.

Barron's has named Best Buy in the 100 Most Sustainable US Companies for six years running, this year taking 7th position.

4​​​​​​​. Adobe

MSCI Rating: AAA

An industry standard software for the creative industries – from design to video editing… The company has set a goal of sourcing 100% renewable energy by 2035.

5. Intuit

MSCI Rating: AAA

Intuit… has been praised by MSCI for its corporate governance, human capital development, and carbon emissions.

You've probably heard of Intuit thanks to its accounting software QuickBooks, and it's the company behind Mailchimp and Credit Karma too.

6. Idexx

MSCI Rating: AAA

Most well known as a company that helps pets live longer, healthier lives via diagnostics and tech innovations, Idexx products help ensure the safety of milk and water around the world – for humans too.

Listed in the S&P 500, Idexx employs 11,000 people and has customers in more than 175 countries and territories.

7. Lam Research

MSCI Rating: AAA

Lam makes equipment that makes the semiconductors we all rely on, and business is booming.

Lam is adopting sustainability across its organisation as it aims to reach net zero by 2050 and use 100% renewable energy by 2030.

8. Salesforce

MSCI Rating: AA

Everyone has surely heard of Salesforce – the cloud-based software that handles customer relationship management (CRM) and applications focused on sales and customer service…

Pre-pandemic, Salesforce was ranked AAA but that dropped to AA in November 2020 and that is where it remains… MSCI says it… is seen as a laggard when it comes to corporate behaviour.

9. POOLCORP

MSCI Rating: AA

Pool manufactures equipment and machinery for swimming pools, and is the largest such company in the world… Pool was upgraded from an A to AA in 2019 in recognition of efforts made to be more sustainable, especially when it comes to labour management, where MSCI says it is a leader.

10. Cadence

MSCI Rating: AA

MSCI does not recognise it as an ESG Laggard in any of its criteria. However, Cadence misses out on the highest ranking as it is, well, bang average on too many criteria, including carbon emissions and human capital development." End quotes.

-------------------------------------------------------------

America's Most Responsible Companies 2024

The next article is another ranking. It's titled America's Most Responsible Companies 2024. The cover article is by Nancy Cooper and seen on newsweek.com. Here are a few quotes by Ms. Cooper.

"This year, we award 600 of the largest corporations in the United States, up from 500 in 2022. While that increase is noteworthy, even more so is the fact that the company in this year's 600th spot has a higher score than last year's 500th. It is also worth mentioning that 243 companies on the list have placed for at least four consecutive years, with 156 earning a spot for all five years…

This year's top overall position is held by Merck (MRK) having an impressive score of 92 out of 100, with Xylem (XYL) following closely at 91.3 and HP (HPQ), which held the No. 1 position for the previous four years, maintaining a solid presence in third with a score of 90.3.

Three companies stand out for scoring 100 in one of the three ESG pillars: Dell (DELL), Entergy (ETR) and Merck.'" End quotes.

-------------------------------------------------------------

7 Best Solar Stocks to Buy Now

Next, back to a familiar favorite sector with this article titled 7 Best Solar Stocks to Buy Now. It's by Jeff Reeves and appeared on money.usnews.com. Now some quotes from Mr. Reeves on his recommendations.

"1. Array Technologies Inc. (ARRY)

Array provides technology solutions that support solar array efficiency by moving panels to track the sun across the sky. This includes both the physical rigs as well as proprietary software that points them in the right direction at the right time… Average analyst estimates call for earnings per share to rise from $1.03 per share in 2023 to $1.27 per share in 2024. Revenue is growing nicely, too, with a projected 20% growth rate in 2024.

Market capitalization: $2 billion

2. Canadian Solar Inc. (CSIQ)

Though headquartered in Canada, Canadian Solar also has significant international operations, including in the fast-growing solar marketplace of China. And unlike some of the other stocks on this list that only produce solar panels or related hardware, Canadian Solar has a global energy segment that provides the actual power generation from solar farms… This diversification into a utility-style business model provides it a bit more stability… analyst projections of 26% revenue growth in 2024.

Market capitalization: $1.5 billion

3. Daqo New Energy Corp. (DQ)

Daqo is headquartered in China… Woods Mackenzie published a report in November that stated China will have more than 80% of the world's solar manufacturing capacity through 2026. Daqo's growth rate is impressive, with total revenue of $4.6 billion in 2022 compared with about $300 million back in 2018.

Market capitalization: $1.3 billion

4. Enphase Energy Inc. (ENPH)

Many solar investors are drawn to Enphase, both because it's larger than many dedicated solar rivals and because of its impressive 1,489% share price increase over the past five years through Jan. 25. Enphase has made a name for itself by specializing in semiconductor products known as 'microinverters,' which convert energy captured in those cells into usable energy for homes and businesses… Truist just upgraded the stock in January, and Canaccord Genuity initiated coverage with a 'buy' rating in the past few weeks, too.

Market capitalization: $14.5 billion

5. First Solar Inc. (FSLR)

Founded in 1999… manufactures solar modules, mainly serving large-scale developers and operators of utilities or independent power grids for commercial and industrial use. The gloomy outlook for the industry in 2023 didn't take as much of a toll on First Solar, thanks to its focus on bigger customers instead of residential end-users, and its powerful position in the industry ensures it can weather short-term volatility as it looks to the future of alternative energy.

Market capitalization: $15.8 billion

6. SolarEdge Technologies Inc. (SEDG)

SolarEdge sells current inverter systems for solar installations, allowing the panels to produce alternating current, or AC, power that is transmissible across the energy grid. Unfortunately, the headwinds for the solar industry have been compounded by the fact that this mid-cap solar company is headquartered in Israel. As a result, shares are down a gut-wrenching 76% in the past 12 months.

Market capitalization: $3.9 billion

7. Sunnova Energy International Inc. (NOVA)

Sunnova installs solar arrays and energy storage solutions for homeowners and small businesses. It's modest in size… however… analysts expect more than $1 billion in total revenue in 2024 – more than 36% higher than expected 2023 sales. There's more volatility with a small and unprofitable stock… But if you want to get in on the ground floor of the residential solar rollout, Sunnova is a good option to consider in 2024.

Market capitalization: $1.3 billion." End quotes.

-------------------------------------------------------------

The Top 5 Sustainable Funds of 2023: AI, Anybody?

Now a look at some funds with this article titled The Top 5 Sustainable Funds of 2023: AI, Anybody? It's by Muskaan Hemrajani and seen on morningstar.com. Here are some points by Mr. Hemrajani on each of the funds.

"To identify the top sustainable funds of 2023, we screened U.S.-based funds within the Morningstar Large Cap category that identify as sustainable investments.

1. Invesco ESG NASDAQ 100 ETF (QQMG)

• Return: 55.34%
• Morningstar Medalist Rating: Bronze
• Maximum Allocation: The technology sector
• Top Holdings: Microsoft MSFT (13.00%), Apple AAPL (11.99%)
• Notable: 10% portfolio weight is in AI stocks like Nvidia NVDA and Broadcom AVGO

2. ClearBridge Large Cap Growth ESG ETF (LRGE)

• Return: 45.99%
• Morningstar Medalist Rating: Neutral
• Maximum Allocation: The technology sector
• Top Holdings: Microsoft (9%), Amazon.com AMZN (8%)

3. Parnassus Growth Equity Institutional (PFPGX)

• Return: 45.18%
• Morningstar Medalist Rating: Bronze
• Key Driver: Successful rally in the technology sector
• Notable: 11% of the fund's weight is in Microsoft

4. Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)

• Return: 43.50%
• Morningstar Medalist Rating: Neutral
• Maximum Allocation: Microsoft (13%) and the technology sector

5. BlackRock Sustainable US Growth (BESGX) (Note different versions of fund)

• Return: 43.42%
• Morningstar Medalist Rating: Neutral
• Maximum Allocation: Microsoft (12.77%) and the technology sector."

End quotes.

-------------------------------------------------------------

3 Stocks Poised for Success in the Sustainable Fashion Trend

Now this article will particularly interest those of you who are fashion conscious! It's titled 3 Stocks Poised for Success in the Sustainable Fashion Trend by Shane Neagle and found on investorplace.com. Now some quotes.

"Embrace these three sustainable fashion stocks for a greener future…

1. Lululemon Athletica (LULU)

The company makes fashion products designed for health-conscious and active consumers.

2. Deckers Outdoor (DECK)

In its commitment to sustainability, Deckers Brands has made significant strides in recent years.

3. Columbia Sportswear (COLM)"

End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order.

1. Title: Maximizing Tax Deductions: 3 Charity-Friendly Stocks to Consider on investorplace.com. By Faizan Farooque.

2. Title: Eco-Friendly Tax Breaks: 3 Green Stocks to Buy Now on investorplace.com. By Gabriel Osorio-Mazzilli.

3. Title: There's Still Strong Interest in Sustainable Investing on etftrends.com. By Todd Shriber.

4. Title: 3 Once-in-a-Lifetime Renewable Energy Stocks With Unprecedented Surge Potential on investorplace.com. By Matthew Farley.

5. Title: Solar Surge: 3 Stocks to Light Up Your Portfolio in 2024 on investorplace.com. By Jeremy Flint.

6. Title: VEGN growth and expansion plans on etfexpress.com. By Fiona Nicolson.

7. Title: 7 Stocks Benefiting from the Massive Shift to Clean Energy on investorplace.com. By Ian Cooper.

8. Title: Top 5 Solar Energy Stocks to Buy in 2024 for Green Investing! On youtube.com. By Ai Motive Mingle.

9. Title: Just Capital's 2024 Overall Rankings on justcapital.com. By Just Capital.

10. Title: The 3 Most Undervalued Renewable Energy Stocks to Buy in February 2024 on investorplace.com. By Ian Cooper.

Additional Articles from the UK and Australia

1. Title: 5 Renewable Energy Companies in the UK to Know on builtin.com. By Abel Rodriguez.

2. Title: 3 ethical ASX shares poised to outperform in 2024 on fool.com.au. By Bernd Struben.

3. Title: What were Pearler's 5 most popular ESG ETFs in 2023? On raskmedia.com.au. By Nick Nicolaides.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "Great Sustainable Stocks and Funds for 2024."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

And, again, please look at my new totally revised website at investingforthesoul.com. Tell me what you think!

I'll talk to you next on February 23rd.

Bye for now.

© 2024 Ron Robins, Investing for the Soul

Ron Robins, MBA

Podcast: The World's Most Sustainable Corporations

Transcript & Links, Episode 122, January 26, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 122 titled "The World's Most Sustainable Corporations." It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts.

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein.

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 6 article links below that time didn't allow me to review them here.

-------------------------------------------------------------

The Global 100 list: How the world's most sustainable corporations are driving the green transition

I'm beginning this episode highlighting my favorite sustainable' Corporations ranking. You can find their just released 2024 ranking in this post titled The Global 100 list: How the world's most sustainable corporations are driving the green transition. The introduction is by Shawn McCarthy and posted on corporateknights.com. Here are some quotes.

"Now in its 20th year, Corporate Knights' Global 100 ranking of the world's most sustainable companies reveals the top firms that are increasing their investments in green solutions such as renewable energy, energy efficiency and the circular economy.

'When we launched the Global 100 in 2005, the green economy was a quaint idea. Many companies didn't publish in-house sustainability reports. There were no standardized key performance indicators, and none of the companies were reporting the percentage of their revenue or investments that were green,' says Corporate Knights co-founder and CEO Toby Heaps…

In the 2024 Global 100 ranking, the top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% the year prior. That compares with sustainable investments at a paltry 17% among the broader universe of publicly traded companies with more than US$1 billion in annual revenue…

The 2024 Global 100 companies earned 51% of their revenues from sustainable sources in the fiscal year 2022, up from 50% the prior year. That compares with just 16% for the broader universe of companies…

Top Companies

Two Australian companies, Sims Ltd. (SMSMY) and Brambles Ltd. (BMBLF) top the 2024 ranking. Sims, this year's number one company, recycles scrap metal in 30 countries, and Brambles rents reusable pallets and containers around the globe. Both companies score 100% on sustainable revenue and sustainable investment…

The Global 100 also awarded a 'pivot prize' to Italian energy firm ERG SpA (ER9.BE), which completed its multiyear transition from black to green halfway through 2023…

The Global 100 rates companies in 38 industry groups… based on 25 metrics. It applies different weighting to certain metrics given the nature of the sector. Sustainable revenue and sustainable investment are key measures…

The Global 100 score far better on overall environmental, social and governance (ESG) metrics than do their peers. For example, 79% of Global 100 firms had sustainability-linked pay; only 30% of the broader corporate universe linked executive pay to the achievement of environmental or social sustainability targets…

Between February 1, 2005, and December 15, 2023, the Global 100 saw a return of 287% on a U.S. dollar basis, while the MSCI ACWI had a return of 272%. The Dow Jones Sustainability World Index posted a return of 254% over that period." End quotes.

-------------------------------------------------------------

Franklin Templeton Positive On Green, Social Bonds In 2024

This second article features a green bond fund by a firm who was one of the pioneers in mutual funds. The article is titled Franklin Templeton Positive On Green, Social Bonds In 2024. It's by Amanda Cheesley and found wealthbriefing.com. Now some quotes from Ms. Cheesley.

"David Zahn, head of European fixed income at Franklin Templeton, believes that sustainable investing will be a dominant investment trend, with structural tailwinds that could help improve financial returns…

Zahn thinks that green and social bonds, which are typically issued to fund longer-term projects, are a good source of longer-duration investments…

Zahn also believes that an expanding and increasingly diverse sustainable finance market means that attractive returns can go hand in hand with a positive impact on the environment and our communities…

Zahn manages the Franklin Sustainable Euro Green Bond UCITS ETF (FLRG:SWX:EUR) which aims to provide exposure to the European green bond market whilst maximising total returns. It… invests mainly in bonds that are labelled green and denominated in European currencies. The fund… has outperformed the index over a three to five-year period." End quotes.

-------------------------------------------------------------

Top 10: Wind Power Companies

Now this next article has an interesting ranking of the top global wind companies. It's titled Top 10: Wind Power Companies and is by Maya Derrick and seen on energydigital.com. Here are some quotes on the findings of Ms. Derrick's research.

"Ranked by the latest available annual revenue stats, from year ending 2022, we run through the top 10 leading companies in the wind power industry.

10. Suzlon Revenue: US$403 million Country: India

Indian multinational wind turbine manufacturer Suzlon is among the world's leading renewable energy solutions providers revolutionising and redefining the way sustainable energy sources are harnessed. The Suzlon Group has a presence in 17 countries across Asia, Australia, Europe, Africa and the Americas.

9. Renewable Energy Systems Americas Revenue: US$1.6 billion Country: USA

Renewable Energy Systems Americas (RES) constructs renewable energy projects for its worldwide customer base. Renewable Energy Systems Americas now has an ever-growing portfolio, made up of 110 solar, wind, transmission and energy storage projects in the US alone and more than 1,000 miles of transmission line.

8. EDP Renewables North America Revenue: US$2.6bn Country: USA

Owned by Spanish company EDP Renewables… With 59 wind farms and 12 solar parks in North America alone, EDP Renewables North America works to fulfil its mission of 'leading the energy transition to create superior value for all'.

7. Avangrid Revenue: US$7.9bn Country: USA

A part of the Iberdrola Group, Avangrid provides onshore and offshore wind power and solar power to clients across 20 US states… it has a footprint in 24 states with US$41 billion in assets… The company has… been named one of the World's Most Ethical Companies for five consecutive years by the Ethisphere Institute.

6. Vestas Revenue: US$15.5bn Country: Denmark

Vestas designs, manufactures, installs and services wind turbines in 83 countries and has a workforce of more than 25,000 employees globally. The company has installed in excess of 66,000 wind turbines in its portfolio.

5. NextEra Energy Revenue: US$21bn Country: USA

The American energy company that is one of the world's largest wind and solar energy generators and also operates nuclear power and natural gas plants.

4. RWE Renewables Revenue: US$41.7bn Country: USA

Working toward a goal of being carbon-neutral by 2040, RWE is a key driver of the energy transformation, working across data networks, mobility, competitive industries and building infrastructure. The 125-year-old company works to balance the need to meet the growing demand for power while mitigating negative effects of climate change… It has 27 wind farms in operation across the country.

3. Mitsubishi Heavy Industries Revenue: US$30.3bn Country: Japan

Since Mitsubishi Heavy Industries delivered the first equipment for commercial use in Japan in 1982, the group has supplied more than 4,200 units, around 4.4GW, of wind power generators globally… It has a focus on on-shore wind turbines.

2. General Electric Revenue: US$76.6bn Country: USA

GE is the largest renewable energy company by a significant margin… GE has installed more than 49,000 wind turbines and enough renewable energy sources to produce 400GW of energy worldwide… As well as this, GE's battery energy storage solutions can store and deliver electricity produced by their wind turbines.

1. Siemens Revenue: US$78bn Country: Germany

(Siemens is) a more than 175-year-old technology company which played a major role in the early years of electricity, Siemens' wind power offering is extensive. The company established the world's first offshore wind power plant in 1991 and continues to be a large player in both the onshore and offshore spaces…

Siemens Gamesa… is well-known for its SG 14.0-222 wind turbine… the largest wind turbine in the world." End quotes.

-------------------------------------------------------------

3 EV Stocks Cementing Their Status as Top Long-Term Market Picks

Many ethical and sustainable investors are buying EV stocks. Here's an article on that sector by Dmytro Spilka and found on investorplace.com. It's titled 3 EV Stocks Cementing Their Status as Top Long-Term Market Picks. Here are some quotes by Mr. Spilka on his picks.

"1. Li Auto (NASDAQ:LI)

At the core of Li's strong year was an astonishing 182.2% total deliveries growth to 376,030. Cumulative deliveries surpassed 600,000 vehicles. This makes the firm the most prolific among China's emerging new energy automakers.

With the upcoming launch of Li MEGA, the firm's flagship new MPV set to roll out in February 2024, the firm appears to be leading the charge to become China's EV market leader.

Li Auto's recently announced partnership with semiconductor giant Nvidia (NASDAQ:NVDA) will see Nvidia's DRIVE Thor centralized car computer power Li's future EV fleets.

2. Rivian (NASDAQ:RIVN)

has endured a fairly torrid time on Wall Street since its debut in late 2021… The news that the auto manufacturer will be supplying its vehicles for AT&T's (NYSE:T) fleet represents a significant coup for the firm…

In perhaps its biggest statement of intent, Rivian produced 17,541 vehicles in Q4 alone…

Rivian's management has boldly predicted that the firm will begin turning gross profit positive, making Rivian a solid pick for investors with a long-term outlook.

3. Tesla (NASDAQ:TSLA)

Tesla… deliveries in Q4 alone hit a total of 484,507.

On top of this, the highly anticipated launch of the Cybertruck has helped to keep the stock in the spotlight. Tesla's commitment to autonomous driving is likely to ensure that it stays at the forefront of innovation…

One of the stock's biggest supporters is Cathie Wood, CEO and CIO of Ark Invest (ARKK)… Wood claimed that Tesla stock could reach the $4,600 mark. That would be a price target of $1,533.33 when adjusted for the split." End quotes.

-------------------------------------------------------------

The Top 3 Stocks to Benefit from Next-Gen Energy Solutions

My final article for this episode is titled The Top 3 Stocks to Benefit from Next-Gen Energy Solutions. It's by Steve Booyens and also found on investorplace,com. Due to limited space I'm just quoting Mr. Booyens briefly.

"1. Brookfield Renewable Energy Partners (NYSE:BEP)

A company with diversified renewable energy exposure with significant scale in store.

2. First Solar (NASDAQ:FSLR)

Economies of scale and continuous capacity sequencing place First Solar best-in-class.

3. Enphase Energy (NASDAQ:ENPH)

A buy-the-dip opportunity highly touted by Wells Fargo."

End quotes.

-------------------------------------------------------------

Other Honorable Mentions – not in any order.

1. Title: 3 Top Renewable Energy Stocks to Power Up Your Portfolio on investorplace.com. By Muslim Farooque.

2. Title: 3 Alternative Energy Stocks to Watch Amid Rising Material Cost on finance.yahoo.com. By Aparajita Dutta.

3. Title: Morgan Stanley a Top Socially Responsible Dividend Stock With 3.7% Yield on nasdaq.com. By BNK Invest.

Articles from the UK and Canada

1. Title: Top 200 Ethical Businesses on thegoodshoppingguide.com.

2. Title: The top 20 ESG funds of 2023 on trustnet.com. By Matthew Cook.

3. Title: 2024 Responsible Funds Guide Canada on corporateknights.com. By Tim Nash.

-------------------------------------------------------------

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: "The World's Most Sustainable Corporations."

Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you.

And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these deeply troubled times!

Contact me if you have any questions.

Thank you for listening.

And, again, please look at my new totally revised website at investingforthesoul.com. Tell me what you think!

I'll talk to you next on February 9th.

Bye for now.

© 2023 Ron Robins, Investing for the Soul