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The Sustainable Stocks The Rich Invest In! Includes the following articles: "10 Sustainable Investing Stocks Billionaires Are Loading Up On"; "The 2023 Humankind 100 Rankings"; "4 ESG Stocks With Net-Zero Emissions Target in the Spotlight"; "What is Renewable Energy? Benefits, Sources, and Top Companies"; "'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watch"; and "The Importance Of Sustainable And Impact Investing And 3 Companies That Shine!"
Transcript & Links, Episode 111, July 28, 2023
Hello, Ron Robins here. So, welcome to my podcast episode 111 titled "The Sustainable Stocks The Rich Invest In!" 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 totally 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 4 article links below that time didn't allow me to review them here.
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The Sustainable Stocks The Rich Invest In!I'm beginning with this fascinating article titled 10 Sustainable Investing Stocks Billionaires Are Loading Up On. It's by Ramish Cheema and found on finance.yahoo.com. Here's some of what Mr. Cheema has to say. Note: the number of billionaires quoted is at the end of Q1 2023. Quote.
"To compile our list of billionaire sustainable stock picks we first used the Invesco MSCI Sustainable Future ETF (ERTH) and picked out the top forty companies. Then, the number of billionaires that had invested in them as of Q1 2023 was determined and the final list of top ten sustainable stocks according to billionaires is as follows.
10. Ormat Technologies, Inc. (NYSE:ORA)Number of Billionaire Investors: 9
Ormat Technologies is a utility company that focuses primarily on generating power through geothermal sites and solar cells…
Out of [24 hedge funds], the firm's largest investor is Ian Simm's Impax Asset Management (IPX.L) with a stake worth $178 million.
9. NextEra Energy Partners, LP (NYSE:NEP)Billionaire Investors: 9
NextEra Energy Partners is an energy company that operates in the natural gas and renewable power industries. The firm announced in May 2023 that it plans to reach Real Zero emissions by 2025 and sell natural gas assets to finance future growth.
8. NIO Inc. (NYSE:NIO)Billionaire Investors: 9
NIO is an electric vehicle manufacturer headquartered in Shanghai, China. It makes and sells both SUVs and sedans and the firm is one of the dominant players in the growing Chinese electric vehicle market. However, a slowdown in the Chinese economy [reduced] vehicle deliveries [by] a sharp 17% annual drop…
NIO's largest hedge fund investor [out of 18 hedge funds] is Jim Simons' Renaissance Technologies since it owns ten million shares that are worth $113 million.
7. KB Home (NYSE:KBH)Billionaire Investors: 10
KB Home is an American construction company headquartered in Los Angeles, California. As part of its sustainability push, particularly since construction uses high volumes of timber, the firm announced in July that it will partner up with a nonprofit to fund efforts seeking to preserve landscapes and forest habitats…
Among [29 hedge funds], Ken Fisher's Fisher Asset Management is the biggest shareholder with an investment of $110 million.
6. Sunrun Inc. (NASDAQ:RUN)Billionaire Investors: 10
Sunrun is a solar power equipment provider which serves the needs of residential customers in the U.S. by providing products such as panels and energy systems…
William B. Gray's Orbis Investment Management is the largest investor [out of 27 hedge funds], courtesy of a $265 million stake that comes via 13 million shares.
5. Meritage Homes Corporation (NYSE:MTH)Billionaire Investors: 10
Meritage Homes Corporation is a construction company that builds different kinds of single family homes in several American states. The firm's shares… are rated Buy on average…
The largest [out of 27 hedge funds] is Ken Fisher's Fisher Asset Management with a stake worth $128 million.
4. Darling Ingredients Inc. (NYSE:DAR)Billionaire Investors: 11
Darling Ingredients is a food raw materials firm that focuses its efforts on ensuring that no portion of an animal is wasted during the slaughtering process…
[Out of 29 hedge funds] Darling Ingredient's largest investor is Ian Simm's Impax Asset Management since it owns $240 million worth of shares.
3. Enphase Energy, Inc. (NASDAQ:ENPH)Billionaire Investors: 12
Enphase Energy sells solar power products such as microinverters, charging solutions… to residential users…
[Out of 55 hedge funds], the biggest shareholder is Jim Simons' Renaissance Technologies through a $198 million investment.
2. First Solar, Inc. (NASDAQ:FSLR)Billionaire Investors: 13
First Solar is an international solar power company that sells products including solar modules to large scale users such as utilities, commercial, and industrial users. Its shares are rated Buy on average…
[Out of 39 hedge funds] First Solar's largest investor [is] Jim Simons' Renaissance Technologies with a $312 million stake.
1. Tesla, Inc. (NASDAQ:TSLA)Billionaire Investors: 15
The firm has been facing mixed sentiment from Wall Street in July 2023 after a spectacular stock rally earlier this year.
[Out of 82 hedge funds] D. E. Shaw's D E Shaw is the biggest shareholder through its $1.2 billion investment." End quotes.
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The 2023 Humankind 100 RankingsThe corporate ranking data in this next piece The 2023 Humankind 100 Rankings will be of great interest to most of you. Here's a brief description of what it's about. Quote.
"Humankind 100 companies tend to contribute positively to humanity, for example by providing access to food, clean water, healthcare, or free digital services. Meanwhile, companies that hurt people, for example by contributing significantly to climate change or selling toxic products, tend to not make it on to the list." End quotes.
Do have a look at the ranking! The top five companies are Alphabet (GOOG), Microsoft Corp. (MSFT), Eli Lilly & Company (LLY.TI), Johnson & Johnson (JNJ), and Abbvie Inc. (ABBV).
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4 ESG Stocks With Net-Zero Emissions Target in the SpotlightNext, we have this article titled 4 ESG Stocks With Net-Zero Emissions Target in the Spotlight. It's by Ritujay Ghosh and found on 247wallst.com. Here's some of what the writer says about their stock picks.
"1. Salesforce, Inc. (CRM Quick Quote CRM - Free Report)has successfully attained net-zero residual emissions throughout its value chain. Salesforce has also accomplished its objective of operating solely on 100% renewable energy…
Salesforce's expected earnings growth rate for the current year is 42%... Salesforce currently sports a Zacks Rank #1 (Strong Buy).
2. PepsiCo, Inc. (PEP Quick Quote PEP - Free Report)the global beverage giant, is committed to achieving net-zero greenhouse gas emissions by 2040. As part of its sustainability efforts, PepsiCo is actively promoting regenerative agricultural practices… Another key target for PepsiCo is to ensure that all its packaging materials become recyclable, compostable and biodegradable.
PepsiCo's expected earnings growth rate for the current year is 9.9%... PepsiCo currently carries a Zacks Rank #2 (Buy).
3. Adobe Inc. (ADBE Quick Quote ADBE - Free Report)aims to attain a zero-carbon operational footprint, emphasizing the development of digital products that have a positive environmental impact. Adobe is actively working toward achieving a 100% renewable energy target by 2035…
Adobe's expected earnings growth rate for the current year is 14.5%... Adobe currently sports a Zacks Rank #1.
4. Microsoft Corporation (MSFT Quick Quote MSFT - Free Report)is actively pursuing various initiatives to achieve a net-negative carbon footprint by 2030…
Microsoft's expected earnings growth rate for the current year is 4.8%. Shares of Microsoft have gained 23.7% in the past three months. Microsoft currently has a Zacks Rank #3 (Hold)." End quotes.
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What is Renewable Energy? Benefits, Sources, and Top CompaniesNow to another new article on renewable energy picks. The article is titled What is Renewable Energy? Benefits, Sources, and Top Companies. It's by Jennifer L. located on carboncredits.com. Now to some quotes from the analyst.
"1. General Electric Co. (GE)General Electric has been at the forefront of wind energy technology, consistently enhancing turbine designs and improving efficiency… GE has installed over 49,000 units that generate wind electricity across the globe…
GE has also invested in other renewable energy technologies, such as solar power, hydroelectricity, and hybrid.
2. NextEra Energy, Inc. (NEE)Running with a whopping $147 billion market cap, NextEra Energy has been investing billions in developing renewable energy sources. As one of the largest renewable energy producers in the world, the company leads the charge in solar and wind energy production…
3. Iberdrola SA (IBDRY)With a market cap of over $72 billion, Spain-based multinational electric utility company Iberdrola SA has more than 170 years of history. The company is a global leader in the generation, distribution, and trading of clean energy.
4. Orsted A/S (ORSTED.CO)Renewable energy company Orsted A/S excels in developing, building, and operation of offshore wind farms. The Danish firm currently owns the prestigious title of being the world's biggest offshore wind power developer, with a total capacity of over 7.5 GW." End quotes.
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'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watchAnd more on renewable energy with this article 'America is going to lead again': Biden says wind and solar are already 'significantly cheaper' than coal and oil — 3 top US clean energy stocks to watch. It's by Vishesh Raisinghani on finance.yahoo.com.
"1. First Solar (NASDAQ:FSLR)First Solar is one of the nation's largest utility-scale solar energy producers. The company's competitive edge stems from its proprietary, advanced thin-film module technology…
Investors seeking a high-growth bet in this sector should add FirstSolar to their watchlist.
2. Brookfield Renewable (NYSE:BEP)If you're looking for a less risky and more established player in the renewable energy sector, Brookfield Renewable might be a wise bet. The Canada-based asset manager operates one of the largest green energy portfolios in the world…
Brookfield is a dividend juggernaut. The stock offers a dividend yield around 4.6% at the moment.
3. SolarEdge Technologies (NASDAQ:SEDG)SolarEdge has rapidly become one of the most well-known and valuable solar energy firms on the market. The company offers an end-to-end system that generates, stores and manages solar energy from home. Nearly three million homes across the globe were equipped with SolarEdge systems by the end of 2022." End quotes.
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The Importance Of Sustainable And Impact Investing And 3 Companies That Shine!And I finish up with this article titled The Importance Of Sustainable And Impact Investing And 3 Companies That Shine! It's by Finance Monthly and published on finance-monthly.com. Now some quotes on their recommendations.
"1. ICL Group (NYSE: ICL)ICL Group is global specialty minerals company and one of the largest fertilizer manufacturers in the world. ICL focuses on creating sustainable solutions… includes developing innovative fertilizers to increase crop yields while decreasing environmental impact, recycling industrial by-products into useful resources, which aligns with several UN SDGs…
2. NextEra Energy (NYSE: NEE)NextEra Energy specializes in harnessing wind and solar energy across North America… Beyond renewable energy, they also engage in physical contracts, trading activities, and marketing. Their primary income source is distributing gas and electricity to Florida residents.
3. Republic Services (NYSE: RSG)Republic Services specializes in waste management and recycling. As the second-largest waste management company in the United States, its mission is to produce renewable energy through recycling." End quotes.
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Other Honorable Mentions – not in any order.1) Title: Vegan investments: Are you putting your money where your mouth is? On veganfoodandliving.com. By Phil Davis.
2) Title: Why Fastenal is a Top Socially Responsible Dividend Stock (FAST) on nasdaq.com. By BNK Invest.
3) Title: 12 Best Solar Energy and Battery Stocks To Buy Now on finance.yahoo.com. By Hamna Asim.
4) Title: Revolutionizing the Future: "Emerging Green Technology Stocks" to Watch Now! – CLNV, GEVO, ADN, HYSR found on digitaljournal.com. By The Street Reports.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "The Sustainable Stocks The Rich Invest In!"
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 very troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on August 11th.
And, again, please look at my new totally revised website at investingforthesoul.com! Tell me what you think!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
This podcast includes covering these articles: "These 50 Canadian corporate citizens are a cut above," by Rick Spence; "3 ESG Stocks to Buy With Focus Growing on Net-Zero," by Abhinab Dasgupta; "2 Renewable Energy Stocks (With Dividends) That Could Put You in the Green," by Jitendra Parashar; and "3 ESG Stocks in Focus for the Socially Responsible Investor," by Tirthankar Chakraborty. And more...
Transcript & Links, Episode 110, July 14, 2023
Hello, Ron Robins here. So, welcome to my podcast episode 110 titled "These ESG Stocks Are A Cut Above." 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 totally revised website at investingforthesoul.com!
So, 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..
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1. These ESG Stocks Are A Cut AboveI'm going to start with an article as it provides insight into what ethical and sustainable investors might look for when investing in individual companies that reflect their personal values. Though renewable energy companies rank high on the list there are others from diverse industries that are also found here. Do read the article which is titled These 50 Canadian corporate citizens are a cut above. It's by Rick Spence and found on the corporateknights.com site. Here are some quotes by Mr. Spence.
"Since 2002, Corporate Knights' ranking of Canada's Best 50 Corporate Citizens has been tracing public and private companies as well as Crown corporations with more than $1 billion in revenues. Our researchers probe 25 key performance indicators (KPIs) to assess how firms manage their resources, employees and finances in comparison to their peer group, with 50% of each company's score tied to the percentage of their revenue and investments that qualify as sustainable. For the Best 50, that percentage keeps climbing.
Tellingly, the 2023 list is dominated by renewable-energy players high in sustainable revenue. Topping the Best 50 this year (up from second place in 2022 and 20th in 2021) is a pure-play clean energy company:
Innergex Renewable Energy (INE.TO)The Longueuil, Quebec–based renewable-power producer operates 40 hydroelectric facilities, 35 wind farms, 11 solar farms and one energy-storage facility in Canada, the U.S., France and now Chile…
In second place this year (up from third in 2022 and 14th in 2021) is:
Brookfield Renewable Partners (BEP)the renewable-energy platform of Brookfield Corporation, the former Brascan empire (which got its start providing electricity in Brazil). With a market cap of $20.2 billion, more than seven times Innergex's $2.7 billion, Brookfield Renewable produces 25,400 megawatts of electricity through hydro, wind and solar facilities in Canada, the U.S., Colombia, Brazil, Europe and Asia. The company's latest annual report says it's also focusing on investing in 'emerging transition asset classes' such as carbon capture and storage, recycling and biogas, 'where our initial investment positions us for potential future large-scale decarbonization investment.'
In third place is:
Hydro-Québec (state-owned corporation)which was the top company in 2022, 2021 and 2018. While the company largely maintained its sustainable revenue from last year, competition is growing fiercer as more renewable-energy companies jump ahead.
The 'most improved' company on the list is:
Canadian National Railway (CNI)It climbed from 35th place to seventh this year thanks to a notable increase in investments mainly aimed at rail network safety and integrity, as well as track infrastructure network resiliency and information technology initiatives. These investments totaled $2.5 billion, or 85% of Canadian National Railway's total investments, in 2021.
(Now) Edmonton engineering firm Stantec (STN)scored highest on the Best 50 when it came to the percentage of its executives' variable pay linked to sustainability targets. With 26,000 employees and 350 offices on six continents, CEO Gord Johnston says the fast-growing company has been focused on building better communities for more than a decade.
Best 50 bring home higher returnsCorporate Knights researchers compared the stock performance of the public companies on the 2023 Best 50 versus that of the S&P/TSX Composite Index. Since 2002 (the year we published our first Best 50 list), Best 50 companies have rewarded their shareholders with 128% higher returns than the overall composite index. It's evidence that the 'triple bottom line' (profit, people and planet) doesn't compromise the single bottom line – but expands it." End quotes.
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2. These ESG Stocks Are A Cut AboveMy second article picks three big-cap names and is titled 3 ESG Stocks to Buy With Focus Growing on Net-Zero. By Abhinab Dasgupta and seen on finance.yahoo.com. Here are some quotes by Mr. Dasgupta on each of his picks.
"These companies broadly pass the ESG standard required to dub them as leaders in the sector, i.e., they regularly set, revisit and report on their ESG targets. [And they] flaunt a Zacks Rank #1 (Strong Buy) or 2 (Buy), have lucrative earnings potential, and should be looked into.
1) Salesforce, Inc. (CRM)This company provides customer relationship management technology, has already achieved net-zero residual emissions across its value chain and met its goal of 100% renewable energy in operations. It has targeted the removal of all carbon emissions by 2040 and has innovated a custom-built platform to track its own carbon footprint…
The company currently sports a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved 4.6% north over the past 60 days. The company's expected earnings growth rate for the current year is 42%.
2) NVIDIA Corporation (NVDA)This mega-cap semiconductor company, which provides graphics and networking solutions, has reduced emissions by 15% per employee as of 2022 and has set a target to have 65% of its electricity usage come from renewable sources by the end of 2025. It has also made significant strides in the study of climate change by embarking on a project to help predict and mitigate environmental disasters.
The company currently sports a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved 71% north over the past 60 days. The company's expected earnings growth rate for the current year is 129.3%.
3) PepsiCo, Inc. (PEP)This global beverage giant has a set target of net-zero greenhouse gas emissions by 2040, and is working to promote regenerative agricultural practices. It has a target of making all its packaging materials recyclable, compostable, and biodegradable.
The company currently carries a Zacks Rank #2." End quotes.
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3. These ESG Stocks Are A Cut AboveNow another Canadian article with relevance to our global audience. It's titled 2 Renewable Energy Stocks (With Dividends) That Could Put You in the Green. It's by Jitendra Parashar at fool.ca. Here are some brief quotes by Mr. Parashar.
"1) Brookfield Renewable Partners (TSX:BEP.UN)Could arguably be the most attractive renewable energy stocks listed on the Toronto Stock Exchange today. This Hamilton, Bermuda-headquartered renewable power-focused company has a market cap of $11.2 billion. Its stock currently trades at $30.82 with about 13.2% year-to-date gains, outperforming the TSX Composite, which has advanced by 1.8% in 2023 so far.
Interestingly, Brookfield Renewable has been posting attractive double-digit positive YoY (year-over-year) growth in its total revenue for the last 11 quarters in a row…
As the renewable energy company continues to focus on new acquisitions and growth initiatives to expand its business presence worldwide, you can expect its share prices to soar further in the coming years. In addition, Brookfield Renewable stock offers an attractive 4.7% annual dividend yield.
2) Northland Power (TSX:NPI)is another fundamentally strong Canadian renewable energy stock you may want to consider in 2023. It currently has a market cap of $6.9 billion, as its stock trades at $27.24 per share after losing nearly 26.6% of its value so far in 2023.
This Toronto-headquartered firm has a large, well-diversified portfolio of clean power infrastructure assets, primarily in North America, Europe, and Latin America, and has more than three decades of experience working on power projects. Last year, the offshore wind segment accounted for over half of Northland Power's total revenue, while the remaining came from other segments like onshore renewables, efficient natural gas, and utility.
The recent correction in Northland Power stock could be attributed to its earnings miss in the first quarter of 2023. Northland Power's sales from the offshore wind segment fell 13% YoY to $346 million last quarter. This YoY decline was mainly because the unusually high market prices it benefited from in the first quarter of 2022, particularly from its Gemini and Spanish projects, didn't happen again in the first quarter of 2023.
That said, you can expect its YoY financial growth trend to improve in the coming years as the market prices gradually stabilize, which should help its share prices recover sharply. Besides the expected recovery, a decent annual dividend yield of 4.4% makes this renewable energy stock really attractive to buy on the dip." End quotes.
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4. These ESG Stocks Are A Cut AboveAnd I'll end with this article titled 3 ESG Stocks in Focus for the Socially Responsible Investor. It's by Tirthankar Chakraborty and published on zacks.com. Now here's some of what Mr. Chakraborty says about his recommendations.
"1) Pool Corporation (POOL Quick Quote POOL - Free Report)This company is one of the biggest distributors of swimming pool equipment. Pool Corporation aims at waste reduction and provides effective energy solutions to lessen its environmental footprint.
Pool Corporation not only donates through the National Forest Foundation but also participates in the Environmental Protection Agency's Water Sense program. POOL provides customers ample guidance to handle wastewater sensibly…
The company's expected earnings growth rate for the next year is 5.9%. Its shares have already gained 32.7% over the past five-year period. Pool Corporation has a Zacks Rank #2 (Buy).
2) Salesforce, Inc. (CRM Quick Quote CRM - Free Report)The company is one of the primary providers of customer relationship management software that helps manage cumbersome operations.
Salesforce achieved 100% renewable energy from its operations. The company aims at purchasing renewable energy to increase access to clean power, especially in emerging economies. It also aims at net-zero carbon emissions and has established equal pay initiatives…
The company's expected earnings growth rate for the current year is 42%. Its shares have already gained 28.1% over the past five-year period. Salesforce sports a Zacks Rank #1.
3) Microsoft Corp (MSFT Quick Quote MSFT - Free Report)… has become a solid ESG stock. This tech behemoth and one of the leaders in cloud computing is also known as a leader in energy conservation. Microsoft, along with Volt Energy, is aiming at achieving 100% renewable energy by 2025. And by 2050, the company aims at getting rid of all carbon emissions…
The company's expected earnings growth rate for the current year is 4.7%. Microsoft shares have already gained 22.3% over the past five-year period. Microsoft currently carries a Zacks Rank #3 (Hold).
Shares of Pool Corporation, Salesforce and Microsoft, by the way, have gained 22.8%, 61.3%, and 41%, respectively, so far this year." End quotes.
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Other Honorable Mentions1) Title: 3 Stocks to Buy for The Continued Growth of Solar Energy on zacks.com. By Shaun Pruitt.
2) Title: VZ Named A Top Socially Responsible Dividend Stock etfchannel.com. By ETF Channel Staff.
Articles from Canada, UK, and Europe1) Title: Three investment trusts to take advantage of climate change - on investorschronicle.co.uk. By John Baron.
2) Title: 3 Canadian ESG Stocks for Ethical Investors on yahoo.com. By Adam Othman.
3) Title: Iberdrola, the Spanish company with the best corporate governance according to World Finance on atalayar.com. By Atalayar.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "These ESG Stocks Are A Cut Above."
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 very troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on July 28th.
And, again, please look at my new totally revised website at investingforthesoul.com! Tell me what you think!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
Great Green Energy Stock Picks includes these articles: "How Green Energy Players Are Making Big Waves in the Stock Market," by Christopher Liew; "2 Canadian ESG Stocks for Ethical Investors," by Adam Othman; "Why This Under-the-Radar Renewable Energy Stock is a 'Strong Buy,'" by Benjamin Rains; "5 Top UK Sustainable Investment Trusts To Consider In H2 2023," by Gaurav Sharma; and "20 Biggest Infrastructure Companies in the US," by Ty Haqqi.
Transcript & Links, Episode 109, June 30, 2023
Hello, Ron Robins here. So, welcome to my podcast episode 109 titled "Great Green 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. And look at my newly totally revised website at investingforthesoul.com!
So, 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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Links to an additional 3 articles are included below.
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1) Great Green Energy Stock PicksNow the first two articles are from Canada, but they detail opportunities relevant to a global audience.
The first article is titled How Green Energy Players Are Making Big Waves in the Stock Market, by Christopher Liew, on fool.ca. Here's some of what Mr. Liew has to say about his three picks.
"1. Ballard Power Systems (TSX:BLDP)Market analysts recommend a hold rating. Their 12-month average price target is $22.91, or a 293% return potential. Ballard's competitive advantages include experience in manufacturing fuel cell products (40 years), top-tier long-term customers, and strategic shareholders…
The latest product and potential growth driver is next-generation, thin, flexible graphite bipolar plates. Ballard plans to invest around $18 million in manufacturing the plates this year through 2025.
2. Nano One Materials Corp. (TSX:NANO)Nano One outperforms the TSX (Toronto Stock Exchange) year to date (+18.85% versus +1.11%). Market analysts recommend a buy rating, with an average price target of $6.50 (+124%) in 12 months. This $302 million company's contribution to the fight against climate change is the production of high-performance lithium-ion battery cathode materials.
According to management, the company's technology applies to electric vehicles, energy storage, and consumer electronics. Besides reducing costs, the low-carbon intensity improves environmental impact. Nano One owns Canada's only LFP (lithium ferrous phosphate) battery production facility.
3. Exro Technologies (OTC:EXRO.F)Exro Technologies develops new-generation power electronics that expand the capabilities of electric motors and batteries…
The significant upside will come from continued focus on innovation in e-transition and energy storage market verticals. The addressable markets for its lead products, Coil Driver (motor controllers) and Cell Driver (energy storage), should reach US$133 billion and US$224 billion by 2030, respectively…
Market analysts recommend a strong buy rating, forecasting 55% price appreciation in one year." End quotes.
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2) Great Green Energy Stock PicksNow, the second article is titled 2 Canadian ESG Stocks for Ethical Investors, by Adam Othman on fool.ca. Among Mr. Othman's comments on his two picks are these.
"1. Canadian National Railway (TSX:CNR)might not seem like an ESG stock… However, this Canadian Dividend Aristocrat can be an excellent investment for this purpose. The $105.92 billion market capitalization company headquartered in Montreal is vital to the North American economy.
Boasting the only 18,600-mile railway network connecting three coasts in North America…
It generates solid financial results. In 2022, it increased its revenue by 18.2% and net income by 4.5%, increasing its free cash flow by 29.2% compared to the previous year…. Sustainalytics gives Canadian National Railway stock a low ESG risk rating due to its Climate Action Plan aligning with international ESG standards.
2. Innergex Renewable Energy (TSX:INE)The $2.73 billion market capitalization company develops, owns, and operates run-of-river hydroelectric facilities. It also has a substantial number of wind and solar energy farms located in North and South America and France.
…Operating as an electricity utility company, it has a low-risk business model. 2022 saw Innergex reduce its net loss from $185.4 million in 2021 to $91.1 million. Its free cash flows rose by almost 60% year over year…
As of this writing, Innergex Renewable stock trades for $13.39 per share, down by 34.55% from its 52-week high. Currently, it pays its shareholders their payouts at a juicy 5.38% dividend yield." End quotes.
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3) Great Green Energy Stock PicksAnd now to a company that's often overlooked according to this Zacks analyst. The article is titled Why This Under-the-Radar Renewable Energy Stock is a 'Strong Buy'. It's by Benjamin Rains and found on zacks.com. Here's some of what Mr. Rains says about Arcosa, Inc.
"Arcosa, Inc. (ACA - Free Report)provides infrastructure-related products and solutions across construction, engineered structures, and transportation markets. Arcosa is benefitting from megatrends such as aging infrastructure, as well as the 'continued shift to renewable power generation, and the expansion of new transmission, distribution, and telecommunications infrastructure…'
Arcosa crushed Zacks Q1 earnings estimate in late April and provided hugely upbeat guidance. Arcosa's fiscal 2023 consensus estimate has surged by 44% since its report, with FY24's figure 38% higher. Arcosa's bottom-line positivity helps it grab a Zacks Rank #1 (Strong Buy)…
Arcosa's engineered structures division includes utility structures, telecom structures, wind towers, and beyond. Arcosa's wind tower business is booming… since the passage of the Inflation Reduction Act…
The gusts at Arcosa's back include grid-hardening, electrification of vehicles, connecting renewable energy to the grid, the wireless 5G telecom buildout, and more…
Other Fundamentals
Zacks estimates call for Arcosa's adjusted 2023 earnings to surge by 27% and then jump another 18% higher in 2024 to reach $3.26 per share… Overall, Arcosa appears to be a somewhat under-the-radar and strong way to gain exposure to multiple long-term trends in the U.S. and global economy. And its recent slip sets up a better entry point." End quotes.
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4) Great Green Energy Stock PicksNext is this article, also applicable to a global audience. It's titled 5 Top UK Sustainable Investment Trusts To Consider In H2 2023. It's by Gaurav Sharma and seen on forbes.com. Here are some quotes.
"Typically listed on UK and Japanese markets, investment trusts are public-listed pooled investment vehicles that generate income by investing in stocks of other companies, bonds (both corporate and government issued), real estate, infrastructure and privately held enterprises, etc.…
Based on current dividend yields*, NAV discounts** and exchange rates***, for me the following five UK-listed sustainable investment trusts stand out:
1. Triple Point Energy Transition Plc (LON: TENT)Dividend Yield: 8.27%
Listed on the main market of the London Stock Exchange, Triple Point Energy Transition Plc invests in UK and European renewable energy projects touting its credentials as a stable dividend-paying trust that aims to enable a pan-European transition to a low carbon economy. Furthermore, its 7-8% average dividend yield not only ranks it among the highest in its category but also puts it on the list of the 20-highest dividend-yields among all UK-listed investment trusts.
2. NextEnergy Solar Fund (LON: NESF)Dividend Yield: 7.52%
NextEnergy Solar Fund is listed on the London Stock Exchange's main market and is a constituent of the FTSE 250 index. As the name suggests, it invests in a diversified portfolio of solar energy and energy storage infrastructure assets. Most of its long-term cashflows are inflation-linked via UK government subsidies, and it offers an attractive dividend yield.
3. Renewables Infrastructure Group (LON: TRIG)Dividend Yield: 5.97%
Renewables Infrastructure Group has been listed on the London Stock Exchange for over a decade and is also a constituent of the FTSE 250 index. The company focuses on onshore and offshore wind farms and solar parks in the UK and Europe.
4. Octopus Renewables Infrastructure Trust (LON: ORIT)Dividend Yield: 5.52%
With its management trail leading to one of Europe's largest renewable energy investors – Octopus Energy – the Octopus Renewable Energy Infrastructure Trust aims to provide both capital appreciation as well as sustainable dividends by building and operating a diversified portfolio of renewable energy assets in Europe and Australia.
5. Greencoat UK Wind Plc (LON: UKW)Dividend Yield: 5.51%
Greencoat UK Wind has the honor of being the first UK renewable infrastructure fund to list on the London Stock Exchange. It is also a constituent of the FTSE 250 index and is focused on UK wind power generation." End quotes.
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20 Biggest Infrastructure Companies in the USNow, the US economy is currently being lifted by two massive spending bills related to infrastructure. Many ethical and sustainable investors see infrastructure companies as having a place in their portfolios. So, this article might be of interest to many of you. It's titled 20 Biggest Infrastructure Companies in the US. It's by Ty Haqqi and is seen on finance.yahoo.com.
Only the public companies and non-fossil-fuel related are included here... and quotes about these companies are limited.
"14. Crown Castle Inc. (NYSE:CCI)Total revenue (in billions): $58.1
Crown Castle provides shared communications infrastructure in the U.S. including small cells, cell towers and fiber, and counts itself among the largest U.S. infrastructure companies.
13. Fluor Corporation (NYSE:FLR)Total revenue (in billions): $13.8
Fluor Corporation is one of the biggest engineering companies in Texas… The share price of Fluor Corporation has stayed the same over the last one year with its gains being wiped out over the last few months.
12. Norfolk Southern Corporation (NYSE:NSC)Total revenue (in billions): $12.7
Norfolk Southern Corporation is one the biggest railroad companies in the U.S., not to mention among the largest infrastructure companies in the U.S. Norfolk Southern Corporation has been in the news the past few months for a massive derailment in East Palestine, Ohio, which resulted in the release of tons of toxic chemicals, and has recently been sued by the Department of Justice for the same.
11. American Tower Corporation (NYSE:AMT)Total revenue (in billions): $10.7
American Tower Corporation owns and operates wireless and broadcast communications infrastructure not just in the U.S. but in several other countries as well.
6. CSX Corporation (NASDAQ:CSX)Total revenue (in billions): $14.9
CSX Corporation is engaged in the business of real estate and rail transportation, and is headquartered in Florida. CSX Corporation's ROE has exceeded the industry average in the past though part of that is because of the company's high debt portfolio.
3. Union Pacific Corporation (NYSE:UNP)Total revenue (in billions): $24.9
Union Pacific Corporation is the largest railroad company in the country, and one of the largest infrastructure companies in the U.S., and has provided a return of 61% to its investors in the last 5 years.
2. AT&T Inc. (NYSE:T)Total revenue (in billions): $120.7
AT&T Inc. is one of the biggest telecom and mobile telephone services company not just in the U.S., but also the world. Recently, AT&T Inc. raised over $4.2 billion in an attempt to buy out wireless minorities.
1. Comcast Corporation (NASDAQ:CMCSA)Total revenue (in billions): $121.4
Comcast Corporation is among the most valuable telecom companies in the world and its stock is favored by institutional owners who own around 85% of the company's stock."
End quotes.
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Two Other Honorable Mentions1. Title: 5 Top Alternative Energy Companies on builtin.com. By Margo Steines.
2. Title: Why T. Rowe Price Group is a Top Socially Responsible Dividend Stock (TROW) on nasdaq.com. By BNK Invest.
One Article from AustraliaTitle: The Ethical Investor: El Niño is back! But there's one ASX company that could benefit from a potential drought. By Eddy Sunarto on stockhead.com.au.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Great Green 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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening and wishing you a wonderful Independence Day if you live in the US and a terrific Canada Day should you live in Canada.
Talk to you next on July 14th.
And, again, look at my new totally revised website at investingforthesoul.com! Tell me what you think!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
This podcast, "Socially Responsible Companies Investors Like," includes these articles: "22 Socially Responsible Companies to Know," by Jeff Rumage; "These are Canada's 50 fastest-growing green companies of 2023," by Rick Spence; and "Buy The Dip - 2 'Strong Buy' Renewable Energy Stocks," by High Yield Investor…
Transcript & Links, Episode 108, June 16, 2023
Hello, Ron Robins here. So, welcome to my podcast episode 108 titled "Socially Responsible Companies Investors Like." 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 totally revised website at investingforthesoul.com!
So, 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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. Please go to this podcast's webpage for links to the actual articles for more company and stock information.
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22 Socially Responsible Companies to KnowI'm beginning with this article titled 22 Socially Responsible Companies to Know. It's by Jeff Rumage and found on builtin.com. Here are some of Mr. Rumage's remarks about the 15 public companies he covers.
"1. Cisco (CSCO)Cisco has donated $494 million in cash and in-kind contributions to community programs, including its career training program. The company has also committed to investing $150 million for technology education and technology modernization at historically Black colleges and universities, and it has provided technology equipment and donations to Ukraine, too. Cisco plans to reach net zero carbon emissions across its value chain by 2040.
2. Allbirds (BIRD)Allbirds, a direct-to-consumer shoe and apparel company, uses natural materials like wool instead of synthetic materials. A certified B Corp, it pledged in 2021 to cut its carbon footprint in half by the end of 2025.
3. Warby Parker (WRBY)Warby Parker has been selling prescription glasses and sunglasses online since 2010. A certified B Corp, the company donates a pair of glasses or sunglasses for every pair sold.
4. HP (HPQ)HP reduced its greenhouse gas emissions by 59 percent compared to 2015 levels, and it plans to reach net-zero emissions across its entire value chain by 2040… More than 110 million ocean-bound plastic bottles have been retrieved and reused in HP's ink cartridges.
5. Intel Corporation (INTC)Intel derives 93 percent of its electricity from renewable energy sources, and it aims to reach 100 percent by 2030. The company expects to reach net-zero greenhouse gas emissions by 2040.
6. Qualcomm (QCOM)Qualcomm, which manufactures semiconductors and wireless technology, has pledged to reach net-zero greenhouse gas emissions by 2040 and reduce power consumption in its flagship Snapdragon products by 10 percent every year.
7. Salesforce (CRM)Salesforce announced in 2021 that it had reached net zero carbon emissions across its value chain and that it purchases enough renewable energy to match its electricity usage… The company has also committed to donate $200 million to racial justice causes, spend $100 million with Black-owned businesses, and double its Black leadership in the U.S.
8. Stitch Fix (SFIX)Stitch Fix, an online clothing retailer that makes personalized outfit recommendations, is more than halfway to meeting its goal of using environmentally preferred materials in its private label products by 2025.
9. Microsoft (MSFT)Microsoft has pledged to go beyond carbon neutral and become 'carbon negative' by 2030… It also advocates for human rights, teaches in-demand digital skills and provides rural communities with affordable broadband access.
10. Google (Alphabet) (GOOG)Google has been carbon neutral since 2007 and is now working to transition to carbon-free energy sources by 2030. Since 2014, Google has invested more than $90 million to achieve equity in computer science and higher education, more than $400 million to create economic opportunities for communities of color and more than $45 million to support racial justice organizations.
11. adidas North AmericaAthletic apparel brand Adidas (ADS.DE) strives to make its operations carbon neutral by 2025… The company also aims to use environmentally preferred materials in 90 percent of its products by 2025.
12. Johnson & Johnson (JNJ)Johnson & Johnson, the manufacturer of pharmaceuticals, medical devices and consumer health products, gets more than half of its electricity from renewable energy sources. The company aims to be completely powered by renewable energy sources by 2025 and expects its operations to be carbon neutral by 2030.
13. Lemonade (LMND)Lemonade is a digital insurance company that has shaken up the industry's business model. After covering the cost of claims and operational expenses, Lemonade distributes any leftover money from your insurance premium to the nonprofit of your choice.
14. Levi Strauss & Co. (LEVI)Levi's has pledged to reach net-zero greenhouse gas emissions by 2050. The company estimates its Water has saved nearly 13 billion liters of water between 2011 and 2020... Levi's also created a worker well-being program in 2011 to provide health education, family welfare programs and financial empowerment for its apparel workers.
15. Nike (NKE)Nike budgets 2 percent of its previous year's income for community investment, and it has donated nearly $70 million out of a planned $125 million to organizations working to address racial inequality, according to its latest impact report. About 93 percent of the electricity for Nike's owned-and-operated facilities comes from renewable sources… The company also diverts 99 percent of all shoe manufacturing waste from landfills, and it converts its waste into new products, playgrounds, running tracks and courts." End quotes.
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These are Canada's 50 fastest-growing green companies of 2023Now though these are Canadian companies, many investors from the US and elsewhere might find of interest the companies mentioned in this article. It's by Canada's terrific Corporate Knights group and the article is titled These are Canada's 50 fastest-growing green companies of 2023. It's by Rick Spence and found on corporateknights.com. Here are some quotes by Mr. Spence.
"The Future 50 ranks 25 public companies based on their short-term revenue growth (the rise in 2021 sales over 2020)… Topping the 'public' list is Li-Cycle (LICY), which provides end-of-life recycling and resource recovery for lithium-ion batteries. Between 2020 and 2021, the Toronto-based company grew its sales from $1.05 million to $9.1 million – a gain of 766%.
Possibly even more remarkable are the three giant companies on the public list that achieved 2021 revenue numbers in the nine figures: Vancouver healthcare-services provider CloudMD Software (DOC.V) ($102 million); Toronto plant-protein producer Global Food and Ingredients (PEASF) ($124 million); and Delta, B.C., greenhouse growers Village Farms International (VFF) ($339 million). (While greenhouses aren't usually considered energy-efficient, Village Farms heats its Delta facilities with methane from local landfills.)…
Fourteen firms offer sophisticated new specialty business-management services, such as Kontrol Technologies' (KNR.NE) smart-building controls…
New to the Future 50 this year, ElectraMeccanica (SOLO), a B.C.-based manufacturer of sporty, one-person electric cars, recalled 429 of its three-wheel 'Solo' models in February, due to both performance (occasional losses of power) and regulatory issues. Now CEO Susan Docherty is plotting to disrupt the four-wheel world: 'We believe that major opportunities remain for an experienced maker of smaller, nimbler EVs with eye-catching design and personalized features.'" End quotes.
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Buy The Dip: 2 'Strong Buy' Renewable Energy StocksNow back to familiar territory with this article titled Buy The Dip: 2 'Strong Buy' Renewable Energy Stocks. It's by High Yield Investor and seen on seekingalpha.com. Here's some of what is said in the article.
"The four (mostly) pure-play renewable energy producers on US stock exchanges are:
Brookfield Renewable has generated the strongest total returns across long time periods… Although these four stocks generally follow the same trajectory, there are multiple significant differences between them…
Brookfield Renewable is by far the biggest player in the space… by enterprise value, the other three companies combined still aren't as big as Brookfield's $55 billion.
Brookfield's size, global scale, and multi-decade experience, and expertise in zero-carbon power production make it the go-to decarbonization partner for large corporations around the world…
When it comes to the balance sheet, Brookfield Renewable boasts the best in the business:
… 9.3 GW portfolio of wind, solar, and battery storage assets in 30 states across the country is only slightly smaller than Brookfield's non-hydro portfolio.
Like Brookfield, NextEra Energy Partners' portfolio enjoys long contract lives… and an average customer credit rating of BBB+.
And despite being externally managed by NextEra Energy, Inc., the managers of NextEra Energy Partners have displayed extraordinary alignment with NextEra Energy Partners unitholders over the years…
Finally, rather than lower their ambitious 12-15% annual distribution per unit target when the unit price dropped, management announced a plan to sell NextEra Energy Partners' natural gas pipelines in order to become a pure-play renewables producer and avoid the need to issue further equity.
Clearway EnergyLike NextEra Energy Partners, Clearway Energy's 8.1 GW renewable energy portfolio is concentrated exclusively in the United States. Around 75% of Clearway Energy's portfolio cash flow derives from renewables assets, while the remaining 25% comes from gas-fired power plants in California and Connecticut…
After selling its thermal power facilities in 2022 at a favorable price, Clearway Energy has a tremendous cash pile to put to work. Most of it has already been committed to new projects, but there still remains enough cash available to prevent the need for Clearway Energy to raise equity capital anytime in the next year or so.
Clearway Energy's sponsor, Clearway Energy Group, continues to increase the size of its development pipeline, which now sits at 29.3 GW…
Clearway Energy now has a 12-quarter record of consecutive dividend hikes at around 2% per quarter. Management believes they can achieve their targeted 6-8% annual dividend growth plan through at least 2026.
Atlantica Sustainable Infrastructure… has a globally diversified portfolio of power generation and transmission assets, 70% of which are renewables and 90% of which are denominated or hedged in USD. That last 10% of non-hedged, non-USD revenues, however, can cause some fluctuations in results that don't always reflect the underlying fundamental strength of the assets.
Only 40% of Atlantica Sustainable Infrastructure's assets are located in North America (the lowest of its peers), while 34% are in Europe, 18% in South America, and 8% in the rest of the world.
Like its peers, Atlantica Sustainable Infrastructure's portfolio enjoys an average remaining contract life of 14 years, and 100% of its non-recourse project-level debt fully amortizes (principal fully paid off) before the end of each respective project's contract term expiration. About 43% of Atlantica Sustainable Infrastructure's project-level debt will be paid down through this mechanism in just the next five years.
And ~80% of Atlantica Sustainable Infrastructure's total debt is in these overwhelmingly fixed-rate, project-level loans. The other ~20% is in corporate-level debt…
We think Atlantica Sustainable Infrastructure has underperformed mainly because of currency fluctuations and the lack of a marquee sponsor to provide a robust development pipeline for drop-down acquisitions. But the poor share price performance masks Atlantica Sustainable Infrastructure's underlying strength." End quotes.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Socially Responsible Companies Investors Like."
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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on June 30th.
And, again, look at my new totally revised website at investingforthesoul.com! Tell me what you think!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
Best ESG Stocks to Buy for 2023 includes these articles: "Top 5 Picks for the Best ESG Stocks to Buy In 2023 by industryleadersmagazine.com,"; "12 Best Software Infrastructure Stocks to Buy," by Fahad Saleem; "Best Green Stocks to Invest In," by Yarka; "Top 10 Renewable Energy Companies," by Lucy Buchholz; and references to several more articles.
Transcript & Links, Episode 107, June 2, 2023
Hello, Ron Robins here. So, welcome to my podcast episode 107 titled "Best ESG Stocks to Buy for 2023." 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 totally revised website at investingforthesoul.com!
So, 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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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 ? article links below that time didn't allow me to review them here.
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1) Best ESG Stocks to Buy for 2023I'm starting this podcast with this article titled Top 5 Picks for the Best ESG Stocks to Buy In 2023: Sustainable Investment Funds. It's by and found on industryleadersmagazine.com. Here are their picks with some quotes on each of them.
"1. Verisk Analytics Inc. (VRSK)Has a very clear ESG policy that has previously helped it achieve the 3rd rank out of 100 companies. The company caters data and risk management solutions to the financial industry. Analysts believe that Verisk Analytics dominates a monopoly in the property and casualty insurance market.
2. Microsoft Corporation (MFST)The largest and most popular software company in the world, Microsoft Corporation has a variety of segments in cloud computing, digital infrastructure, and personal computing. The company has committed to transforming into carbon-negative by 2030.
3. Adobe (ADBE)Adobe has been a dominant player in digital content creation, software, publishing, and cloud storage with its flagship Photoshop software. Marketing analytics tools for business and subscriptions to premium Adobe software make for a brimming multi-billion revenue stream…
With a global gender pay parity, Adobe's half income is owed to renewable sources with goals of 100 percent attainment by 2035.
3. Nvidia Corporation (NVDA)Nvidia manufactures graphics processing units (GPUs) for the gaming sector. The company is positioned at strongholds in supercomputers (AI), autonomous cars, and gaming. This is one of the best ESG companies to invest in.
4. JB Hunt Transport Services Inc. (JBHT)… primarily operates in the trucking and rail carrier segments of the United States… JB Hunt has been increasing its dividend payments in recent years."
End quotes.
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2) Best ESG Stocks to Buy for 2023Now an article in a segment that most ethical and sustainable investors would consider. The article is titled 12 Best Software Infrastructure Stocks to Buy, by Fahad Saleem, and found on finance.yahoo.com. Here are some quotes by Mr. Saleem on each of his picks.
"12. Hewlett Packard Enterprise Company (NYSE:HPE)Number of Hedge Fund Holders: 37
Hewlett Packard Enterprise Company provides software-define infrastructure (SDI) solutions for businesses to help them manage their networking, storage, automation, and overall software development and deployment.
11. Zscaler, Inc. (NASDAQ:ZS)Hedge Fund Holders: 38
Zscaler focuses on the security side of software infrastructure since it's primarily a Cloud security company. It's known for its Cloud infrastructure modernization solution called The Zscaler Zero Trust Exchange. Zscaler also provides Infrastructure as Code services to provide Cloud security.
10. Splunk Inc. (NASDAQ:SPLK)Hedge Fund Holders: 49
Splunk Inc. is known for its infrastructure monitoring solutions that help businesses see their systems' backend in real time, detect and resolve solutions.
9. International Business Machines Corp. (NYSE:IBM)Hedge Fund Holders: 49
IBM is the biggest provider of Infrastructure as a Service (IaaS) solutions. IBM provides consultancy and deployment solutions related to Cloud infrastructure, storage, networking, AI infrastructure deployment, among other services.
8. Cisco Systems, Inc. (NASDAQ:CSCO)Hedge Fund Holders: 61
Cisco Systems provides various solutions for software infrastructure related to virtualization, networking, data centers, performance optimization and more. It is one of the oldest and strongest players in the industry.
7. Oracle Corporation (NASDAQ:ORCL)Hedge Fund Holders: 67
Oracle Corporation is a one-stop shop for software infrastructure solutions and services. The Oracle Cloud Infrastructure (OCI) provides complete solutions for Cloud deployment, including services related to servers, storage, network, applications and services.
6. VMware, Inc. (NYSE:VMW)Hedge Fund Holders: 68
VMware provides various solutions for software infrastructure deployment and management, including desktop hypervisor solutions, Cloud infrastructure solutions for Azure, AWS and other Cloud platforms, Cloud automation and more.
5. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)Hedge Fund Holders: 72
Cybersecurity and Cloud services company CrowdStrike Holdings provides Infrastructure as Code (IaC), Cloud infrastructure and infrastructure monitoring services. IaC includes automating infrastructure provisioning, deployment, configuration, and management, orchestrating infrastructure components, configuring and monitoring all systems.
4. Palo Alto Networks Inc. (NYSE:PANW)Hedge Fund Holders: 87
Palo Alto Networks provides Cloud security services that help businesses protect their software infrastructure. Palo Alto Networks Inc.'s Cloud NGFW solutions allows easy deployment of firewalls on Cloud platforms.
3. ServiceNow Inc. (NYSE:NOW)Hedge Fund Holders: 96
ServiceNow provides products and solutions that help businesses keep a smooth flow of operations. ServiceNow Inc.'s services allow Cloud monitoring, IT management, automated deployment of software, easy integrations and more.
2. Amazon.com, Inc. (NASDAQ:AMZN)Hedge Fund Holders: 243
Amazon dominates the Cloud markets. It provides software infrastructure solutions and services to small and large businesses. In the first quarter Amazon Web Services revenue jumped 16% on a YoY basis to $21.4 billion…
Amazon recently announced that it plans to invest a massive $12.7 billion in cloud infrastructure in India.
1. Microsoft Corporation (NASDAQ:MSFT)Hedge Fund Holders: 289
Microsoft Corporation is the second biggest player in the Cloud market… As of the end of the first quarter, Microsoft Corporation's market share in the Cloud markets stands at 23%, much higher than Alphabet Inc. (NASDAQ:GOOG). Most importantly, Microsoft Azure grew faster than Amazon Web Services in the first quarter."
End quotes.
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3) Best ESG Stocks to Buy for 2023And back to a favorite sector with this article titled Best Green Stocks to Invest In: In-Depth Analysis, by Yarka and seen on cryptosoho.com. Yarka has this to say about his picks. (Note: just brief comments by Yarka are included here.)
"1. Tesla (TSLA)Tesla, the electric vehicle (EV) giant, is widely regarded as a compelling investment for several reasons.
Market Leadership
Technological Innovation
Sustainable energy ecosystem
Gigafactories and production capacity
Global Market Potential
Network of superchargers and infrastructure
Strong financial performance
2. NIO Inc. (NIO)NIO is a Chinese electric vehicle manufacturer specializing in premium electric SUVs. They have gained popularity for their innovative designs, advanced autonomous driving capabilities, and battery swapping technology.
3. General Motors Company (GM)General Motors offers a range of EVs, including the Chevrolet Bolt EV and the upcoming GMC Hummer EV.
4. SunPower (SPWR)SunPower Corporation is a leading solar energy company that designs, manufactures, and sells high-performance solar panels and associated solar energy solutions…
In addition to solar panel manufacturing, SunPower… offers installation, maintenance, and monitoring solutions to ensure optimal performance and customer satisfaction.
Business advantages of investing in SunPower Corporation
Vertical Integration
Strong brand recognition
Diverse Geographic Presence
Focus on Energy Storage
5. Beyond Meat, Inc. (BYND)Beyond Meat produces plant-based burgers, sausages, and other meat alternatives that closely resemble the taste and texture of animal-based meat products. Beyond Meat's products are made from plant proteins, such as peas and soy, and have gained popularity among consumers seeking plant-based options.
6. Impossible Foods, Inc. (Private)Impossible Foods is another leading plant-based meat company that specializes in creating realistic meat substitutes. Their flagship product, the Impossible Burger, is made from plant ingredients, including soy protein and heme, which give it a meat-like flavor and texture.
7. Oatly AB (OTLY)Oatly is a Swedish company that produces a range of plant-based dairy alternatives, primarily based on oats. They offer oat milk, oat-based ice cream, yogurt, and other oat-based products. Oatly focuses on sustainable production practices and aims to provide consumers with delicious, environmentally friendly alternatives to traditional dairy products." End quotes.
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4) Best ESG Stocks to Buy for 2023And now to a best-loved industry with this article titled Top 10: Renewable Energy Companies, by Lucy Buchholz, found on sustainabilitymag.com. Here are some of her comments on each company.
"10. Canadian Solar Inc. (CSIQ)Market cap: US$2.74bn
Canadian Solar specialises in the design and manufacturing of solar photovoltaic modules while offering comprehensive energy solutions. The company undertakes the management of solar power projects and provides operation and maintenance services… Canadian Solar serves customers spanning more than 160 countries.
9. Plug Power Inc. (PLUG)Market cap: US$8.18bn
Founded in 1997 and headquartered in Latham, New York, Plug Power has grown to become a significant player in the hydrogen fuel cell industry.
8. Brookfield Renewable Partners (BEP)Market cap: $5.16bn
Brookfield Renewable Partners operates renewable power facilities worldwide. The company's electricity generation comes from a diverse range of sources, including hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration and biomass.
7. Algonquin Power & Utilities (AQN)Market cap: $5.2bn
Based in Oakville, Ontario, Canada, Algonquin Power & Utilities delivers regulated utility services and renewable energy solutions to a customer base exceeding one million across North America. The company actively invests in a diverse range of clean and renewable energy sources, including solar power, wind energy, hydroelectric power and thermal energy.
6. Siemens Gamesa (GCTAF)Market cap: $12.97
With a presence in over 90 countries, Siemens Gamesa offers a range of equipment and services related to onshore and offshore wind turbines, turbine gearboxes, and off-grid systems.
5. Vestas (VWS.CO)Market cap: $29.58bn
Based in Denmark, Vestas Wind Systems is a wind energy company that specialises in the design, manufacturing and installation of wind turbines. With a global presence, the company has successfully deployed wind turbines in numerous countries worldwide, by harnessing the collective expertise of 29,000 employees.
4. Orsted A/S (ORSTED.CO)Market cap: $36.19bn
Renewable energy company Orsted A/S excels in the development, construction and operation of offshore wind farms. The Danish company holds the prestigious title of being the world's largest developer of offshore wind power.
3. Iberdrola SA (IBDRY)Market cap: US$72.67
Iberdrola SA is… headquartered in Bilbao, Spain. It holds a prominent position as one of the largest utility providers globally… Iberdrola primarily engages in the generation, distribution and sale of electricity, and boasts a diverse energy portfolio, encompassing sources such as wind, hydro, nuclear and natural gas.
2. NextEra Energy, Inc. (NEE)Market cap: US$147.57bn
Headquartered in Florida… NextEra Energy is… one of the largest renewable energy producers in the world… By 2025, NextEra Energy aims to decrease its carbon dioxide emissions rate by 67% in comparison to 2005 levels.
1. General Electric (GE)Market Cap: US$89.02bn
The company has made significant strides in the development of green energy solutions and has emerged as a key player in the industry.
GE's commitment to sustainability is reflected in its focus on renewable energy sources, particularly in the development of wind turbines… GE has also invested in other renewable energy technologies, including solar power and hydroelectricity." End quotes.
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Other Honorable Mention – not in any order1. Title: Insiders Show Confidence in Hannon Armstrong Sustainable Infrastructure Capital with Stock Purchases Despite Stake Reduction by California Public Employees Retirement System on beststocks.com. By Elaine Mendonça.
2. Title: Investing in iShares ESG Aware MSCI EAFE ETF: A Unique Edge in an Ever-Changing Investment Landscape on beststocks.com. By Yasmim Mendonça.
Article from Australia1. Title: 3 ASX All Ordinaries shares I don't think will stay cheap for long on fool.com.au. By Tristan Harrison.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Best ESG Stocks to Buy for 2023."
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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on June 16th.
And, again, look at my new totally revised website at investingforthesoul.com! Tell me what you think!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
Socially Responsible Stocks To Buy includes the following articles: "10 Best Socially Responsible Stocks to Buy According to Analysts," by Fahad Saleem; "Top Infrastructure Stocks - From An Engineer's Perspective," by Financial Engineering; "Top Utilities Stocks for May 2023, by Noah Bolton; "3 Sustainable Investing Stocks to Buy for Socially Responsible Gains," by Joel Baglole
Transcript & Links, Episode 106, May 19, 2023Hello, Ron Robins here. So, welcome to my podcast episode 106 titled "Socially Responsible Stocks To Buy." 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 totally revised website at investingforthesoul.com!
So, 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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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 7 article links below that time didn't allow me to review them here.
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1) Socially Responsible Stocks To BuyI'm starting with this article titled 10 Best Socially Responsible Stocks to Buy According to Analysts by Fahad Saleem. Article found on insidermonkey.com. Here are a few of Mr. Saleem's quotes on each of his picks.
"For this article we first scanned the Vanguard FTSE Social Index Fund Investor Shares (VFTSX) which seeks to track the performance of the FTSE4Good US Select Index… The fund… uses ESG criteria to screen stocks. We picked 10 stocks which have a strong upside potential based on their average analyst price targets.
10. The Home Depot, Inc. (NYSE:HD)Number of Hedge Fund Holders: 62
Analyst Price Target: $340
The Home Depot also mentions its ESG goals and ESG-related plans on its website.
9. Costco Wholesale Corporation (NASDAQ:COST)Hedge Fund Holders: 66
Analyst Price Target: $545
Last year, Costco voted in favor of a proposal put forward by Green Century Capital Management which suggested that the company should set targets for reaching net-zero greenhouse gas (GHG) emissions.
8. NIKE, Inc. (NYSE:NKE)Hedge Fund Holders: 71
Analyst Price Target: $138
NIKE's slogan in the ESG space is 'Move to Zero,' which shows its commitment to becoming carbon neutral.
7. Pfizer Inc. (NYSE:PFE)Hedge Fund Holders: 75
Analyst Price Target: $46.50
Pfizer plans to achieve the Net-Zero Standard by 2040.
6. Tesla Inc. (NASDAQ:TSLA)Hedge Fund Holders: 91
Analyst Price Target: $186.20
Despite short-term headwinds, analysts believe Tesla has a lot of room to run.
5. NVIDIA Corporation (NASDAQ:NVDA)Hedge Fund Holders: 106
Analyst Price Target: $355
NVIDIA Corporation has pledged to use advanced technologies to fight the climate change problem… NVIDIA plans to source 65% of its global electricity from renewable sources by 2025.
4. UnitedHealth Group Inc. (NYSE:UNH)Hedge Fund Holders: 110
Analyst Price Target: $600
UnitedHealth Group Inc.'s ESG risk score is 15.3, according to Sustainalytics, which comes under the low risk category.
3. Visa Inc. (NYSE:V)Hedge Fund Holders: 177
Analyst Price Target: $300
A strong ESG score and investments in the ESG space makes Visa Inc. a key part of the Vanguard FTSE Social Index Fund.
2. Alphabet Inc. (NASDAQ:GOOG)Hedge Fund Holders: 209
Analyst Price Target: $130
Alphabet Inc. is famous for investing heavily into the ESG space and environment-related projects.
1. Microsoft Corporation (NASDAQ:MSFT)Hedge Fund Holders: 259
Analyst Price Target: $304
Microsoft Corporation has secured solid ESG ratings from several independent agencies because of its investments in the ESG space and sustainable business practices." End quotes
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2) Socially Responsible Stocks To BuyNow, an article that might interest many of you. It's titled Top Infrastructure Stocks - From An Engineer's Perspective, by Financial Engineering. Seen on seekingalpha.com. Here're some comments from the article.
"1. American Tower Corporation (AMT)(Is) one of the largest global players in physical communications assets, most notably in macro cell towers and now data centers…
The critical necessity for American Tower Corporation's assets will be at the heart of what is being dubbed as 'Industrial Revolution 4.0' which is being discussed in regards to 5G and the Internet of Things, IoT…
With the implementation of 5G and IoT we have the capability to significantly reduce traffic accidents, drastically improve manufacturing operations for greater flexibility in meeting global demands, and greatly improve our efficient use of resources with improved distribution networks of energy sources.
2. Union Pacific Corporation (UNP)Train operations have greatly improved in recent years through a revolutionary change in the approach to rail operations known as precision scheduled railroading (or PSR)… the benefits of PSR are significant to rail operations… PSR changed the focus of traditional rail operations from full train operations to individual train car operations… In a recent government report it is evidenced that PSR has led to a drastic decrease in operating ratios (operating expenses as a proportion of revenues) from 2011-2021…
3. DTE Energy (DTE).The main reason for including this company among the most important is due to the increasing electrification of our world… The vast majority of DTE's revenues are derived from its 2.2 million electric customer connections, the undisputed leader in the state of Michigan.
… Detroit (Michigan) automakers own roughly 10-15% of global market share for vehicle sales and closer to 40% of the United States market share. If DTE is successfully able to expand and sufficiently meet the energy demands of the EV ramp-up in Detroit it will be pivotal in proving the viability of EV adoption not just in the United States but for the rest of the world as well…
While each of these companies may not provide home run returns witnessed by tech in the past several decades, I'd be surprised if they do not provide solid, healthy returns and stability to a portfolio. If these corporations and their peers suffer substantial losses or fail in the near future, we most likely will have bigger concerns as a society than the performance of these stocks." End quotes.
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3) Socially Responsible Stocks To BuyA favorite of older ethical investors is utility stocks for their stability of returns. This is a good piece about them. It's titled Top Utilities Stocks for May 2023, by Noah Bolton. Article on investopedia.com. Here's some of what Mr. Bolton says about his picks.
"These are the utilities stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you're paying less for each dollar of profit generated.
Fastest-Growing Utilities Stocks
These are the top utilities stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly year-over-year (YOY) percentage revenue growth and most recent quarterly YOY earnings-per-share (EPS) growth…
Utilities Stocks With the Most Momentum
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4) Socially Responsible Stocks To BuyLastly, we have this recommendation titled 3 Sustainable Investing Stocks to Buy for Socially Responsible Gains by Joel Baglole. Found it on investorplace.com. Now a few comments by him.
"1. General Electric (NYSE:GE)The company is pushing further into renewable energy, namely with GE Vernova… GE Vernova develops wind turbines, hydropower generation and energy storage solutions.
GE stock has gained 73% in the past 12 months, including a 56% increase this year.
2. Ford Motor (NYSE:F)Ford Motor which is spending more than $50 billion in an effort to produce 2 million electric vehicles a year by the end of 2026… And the company pays a quarterly dividend of 15 cents a share for a yield above 5%.
3. Albemarle (NYSE:ALB)(Is) the largest producer of lithium for EV batteries in the world… Over the past five years, Albemarle stock has gained 78%. In the past 12 months, however, the company's share price has come down 10%. This is mainly due to shifting demand in China, where the country's electric vehicle production has been repeatedly interrupted due to Covid-19 lockdowns." End quotes.
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Other Honorable Mention – not in any order1. Title: Atlantica Sustainable Infrastructure: Revolutionizing the Energy Industry with Sustainable Investments on beststocks.com. By Roberto Liccardo.
2. Title: This solar energy tech stock could surge 50%, Guggenheim says on cnbc.com. By Hakyung Kim.
3. Title: 3 Sustainable Investing Stocks to Buy on investorplace.com. By Joel Baglole.
4. Title: Top Alternative Energy Stocks for Q2 2023 on investopedia.com. By Zaw Thiha Tun.
5. Title: 3 Alternative Energy Stocks to Watch Amid Insufficient Hydrogen Funding on zacks.com. By Aparajita Dutta.
6. Title: Water and investing – the risks, opportunities and why it matters on www.hl.co.uk. By Laura Hoy.
7. Title: 7 Alternative Energy Stocks to Watch in 2023 on investorplace.com. By Muslim Farooque.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "."
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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on June 2nd.
And, again, look at my newly totally revised website at investingforthesoul.com!
Bye for now.
© 2023 Ron Robins, Investing for the Soul
Transcript & Links, Episode 105, May 5, 2023
By Ron Robins, MBA. Analyst and Tutor
Hello, Ron Robins here. Now I'm recording and publishing this podcast episode 1-day early. The reason, tomorrow, May 5th I plan to have up my terrific new website. So, just in case there are any hitches, I decided to do this podcast 1-day early. Hence, please do visit my brand-new site tomorrow!
So, welcome to this podcast episode 105 titled "Analysts Like These Ethical and Sustainable 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.
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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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.
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1) Analysts Like These Ethical and Sustainable StocksNow our first article has the title 13 Best Ethical Companies to Invest in According to Reddit. It's by Fahad Saleem and found on insidermonkey.com. Here are Reddit's picks with some comments by Mr. Saleem...
"For this article we scoured several discussion boards on Reddit where hundreds of people have discussed their favorite companies for ethical investing…
13. ASN Biodiversity Fund (ASABNEI:NA)Number of Hedge Fund Holders: N/A
Netherlands-based ASN Bank offers several sustainable, green and ethical investment options. Redditors frequently mention ASN Biodiversity Fund as a viable option for ethical investors.
12. Sage Potash Corp. (TSXV:SAGE.V)Hedge Fund Holders: N/A
Potash plays a key role in fertilizer production, can increase crop yields and increase resilience of crops against pests. Sage Potash Corp is a Canadian company that explores for potash.
11. Rocket Lab USA, Inc. (NASDAQ:RKLB)Hedge Fund Holders: 12
Rocket Lab was specially mentioned by some Redditors as a suitable option for those who want to invest in space and rocket technologies.
10. Beyond Meat, Inc. (NASDAQ:BYND)Hedge Fund Holders: 13
Beyond Meat is one of the leaders in the plant-based meat industry… The biggest hedge fund stakeholder of Beyond Meat was Ray Dalio's Bridgewater Associates which owns a $1.4 million stake in the company.
9. Apple Inc. (NASDAQ:AAPL)Hedge Fund Holders: 135
Apple Inc.'s ESG scores are impressive and the company is investing heavily in ESG-related projects…
8. Ecolab Inc. (NYSE:ECL)Hedge Fund Holders: 47
Ecolab Inc. was specifically mentioned by several Redditors as the company is one of the leaders in the water treatment industry. Ecolab Inc. has an impressive ESG profile.
7. Enphase Energy, Inc. (NASDAQ:ENPH)Hedge Fund Holders: 63
Enphase Energy makes solar micro-inverters, battery energy storage and EV charging stations.
6. Costco Wholesale Corporation (NASDAQ:COST)Hedge Fund Holders: 66
Redditors praise Costco Wholesale Corporation's proactive approach in increasing wages and overall employee benefits.
5. Tesla, Inc. (NASDAQ:TSLA)Hedge Fund Holders: 91
While Tesla's ESG rating has dropped over the past few months, the stock remains a popular choice of Redditors… Hedge funds are also bullish on Tesla.
4. NVIDIA Corporation (NASDAQ:NVDA)Hedge Fund Holders: 106
We chose NVIDIA for our list of the best ethical companies to invest in according to Reddit because the stock ranks higher in the portfolio of Vanguard ESG U.S. Stock ETF (ESGV), one of the most favorite choices of ethical investors on Reddit.
3. Visa Inc. (NYSE:V)Hedge Fund Holders: 177
Visa Inc. makes it to our list of the best ethical companies to invest in according to Reddit because it is the top holding of the Global Sustainability Leaders ETF, which is a popular ethical investing option among Redditors.
2. Amazon.com, Inc. (NASDAQ:AMZN)Hedge Fund Holders: 240
Amazon.com is added in our list of the best ethical companies to invest in because it's one of the biggest holdings of Vanguard FTSE Social Index Fund Institutional Shares (MUTF:VFTNX), which is recommended by Redditors for ethical investing.
1. Microsoft Corporation (NASDAQ:MSFT)Hedge Fund Holders: 259
Microsoft Corporation is one of the best ethical companies to invest in according to Reddit because the company is the biggest holding of iShares MSCI USA ESG Select ETF (NYSEARCA: SUSA), an ETF that is quite popular among ethical investors on Reddit discussion boards." End quotes.
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2) Analysts Like These Ethical and Sustainable StocksOur next article has the title Four Sustainable Investments That Could Have a Positive Impact. It's by Peter Krull who publishes on kiplinger.com. Here's some of what Mr. Krull says about his picks.
"1. STMicroelectronics (STM)Much of this Swiss semiconductor company's technology is used in devices that you use every day, like tablets and automobile infotainment systems… STMicroelectronics also makes chips that help control the motors in EVs, chips that help distribute solar power more efficiently and chips that are helping to create smart homes, cities and industries.
2. Acuity Brands (AYI)Acuity Brands manufactures a wide array of lighting products, from home to office and industrial. It even makes ultraviolet lights to disinfect health care facilities (and others) that require sterilization.
3. Hannon Armstrong Sustainable Infrastructure (HASI)Hannon Armstrong…finances a range of projects broken down into three areas: behind-the-meter, grid-connected and fuels, transport and nature…
It's also involved in landfill gas projects, commercial fleet decarbonization and ecological restoration… The stock pays a nice dividend as well.
4. AXS Green Alpha ETF (NXTE)The folks at Green Alpha have been managing sustainable investments for years… they know what they're doing. They eschew the recent trend of creating, as I call them, 'less bad' ESG portfolios and focus on solutions-based investments in the next economy." End quotes.
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3) Analysts Like These Ethical and Sustainable StocksMany people believe that US interest rates are heading down from here, which could give a lift to the housing market. So the most recommended US homebuilders are getting a bid. Hence, this article titled 5 Best Homebuilder Stocks Sorted By Hedge Fund Sentiment. It's by Fahad Saleem on insidermonkey.com. Now let's see some of what Mr. Saleem says about his recommendations.
"To see more such companies, go directly to List of Homebuilder Stocks Sorted By Hedge Fund Sentiment.
5. KB Home (NYSE:KBH)Hedge Fund Holders: 31
JPMorgan recently upgraded KB Home stock after the company posted strong quarterly results and gave a solid 2023 guidance.
4. Toll Brothers, Inc. (NYSE:TOL)Hedge Fund Holders: 37
Shares of Toll Brothers have gained about 22% year to date through April 24. In March, Toll Brothers upped its dividend by 5%.
3. NVR, Inc. (NYSE:NVR)Hedge Fund Holders: 39
Pennsylvania-based home construction and mortgage services company NVR ranks 3rd in our list of the top homebuilding stocks popular among elite hedge funds.
2. D.R. Horton, Inc. (NYSE:DHI)Hedge Fund Holders: 46
1. Lennar Corporation (NYSE:LEN)Hedge Fund Holders: 54."
End quotes.
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4) Analysts Like These Ethical and Sustainable StocksNow we turn to one of our investors' favorite sectors with this article titled The 9 Best Wind Energy Stocks To Buy Now. It's by Phillip Ekuwem and seen on thestockdork.com. Here are some thoughts by Mr. Ekuwem on each of his picks.
"1. NextEra Energy Inc. (NYSE: NEE)NextEra Energy is a leading clean energy company based in Juno Beach, Florida. The company primarily generates and distributes electricity from renewable sources such as wind farms and solar power… Investors also stand to earn dividends, with NextEra Energy recording a strong dividend yield of 2.46%.
2. Clearway Energy Inc. (NYSE: CWEN)Clearway Energy is a leading renewable energy company that owns and operates a diversified portfolio of clean energy assets across the United States… It rewards its shareholders with a dividend yield of 4.80%.
3. General Electric Company (NYSE: GE)GE is organized into four business divisions: Aviation, Healthcare, Power, and Renewable Energy.
The Renewable Energy division develops and manufactures wind turbines and other clean energy solutions.
4. Plug Power Inc. (NASDAQ: PLUG)Founded in 1997, Plug Power is a New York-based leading provider of hydrogen fuel cell systems for a wide range of applications, including material handling, stationary power, and on-road vehicles…
It produces and distributes green hydrogen, which it creates using renewable energy sources such as wind and solar power.
5. Brookfield Renewable Partners L.P. (NYSE: BEP)The company, based in Bermuda, has a diverse portfolio that includes hydroelectric, wind, solar, and storage assets… across North America, South America, Europe, and Asia.
6. Dominion Energy Inc. (NYSE: D)Dominion Energy Inc. is… one of the largest producers and transporters of energy in the United States… Dominion Energy's business primarily focuses on electric, gas, and energy infrastructure…
Dominion Energy is investing in renewable energy and clean technologies, including offshore wind power, solar power, and energy storage to achieve this goal.
7. Eversource Energy (NYSE: ES)Is committed to reducing its carbon footprint to net-zero carbon emissions by 2030…
The company invests in renewable energy, such as wind and solar, for energy efficiency and grid modernization.
8. TPI Composites Inc. (NASDAQ: TPIC)(Is) a global manufacturer of composite wind blades and other composite structures for the wind energy, transportation, and industrial markets…
It is one of the world's largest independent manufacturers of wind blades.
9. Array Technologies Inc. (NASDAQ: ARRY)Array Technologies' primary business is designing, manufacturing, and installing solar tracking systems, which optimize solar panels' energy output by tracking the sun's movement throughout the day." End quotes.
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5) Analysts Like These Ethical and Sustainable StocksWe continue with the renewable energy theme with this title. The 4 Best EV Battery Stocks Under $10 To Buy Now. By Enrico Caschetta on thestockdork.com. Here's some of what Mr. Caschetta says about these stocks.
"1. CBAK Energy Technology Inc (NASDAQ: CBAT)CBAT is a Chinese company that specializes in researching, developing, and manufacturing lithium-ion batteries for EVs and other energy storage systems.
2. Quantumscape Corp (NYSE: QS)Is a US-based company developing next-generation solid-state lithium-metal batteries for EVs.
3. Kandi Technologies Group, Inc. (NASDAQ: KNDI)Kandi is a Chinese company that designs, develops, and manufactures electric vehicles (EVs) and EV parts, including batteries.
4. Panasonic Holdings (OTCMKTS: PCRFY)Panasonic is barely admittable to our list as the company is only a dollar short of $10." End quotes.
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Other Honorable Mention – not in any order1. Title: ETFs for Green Investing Ahead of Earth Day on zacks.com. By Sweta Killa.
2. Title: Why Union Pacific is a Top Socially Responsible Dividend Stock (UNP) on nasdaq.com. By BNK Invest.
3. Title: Iberdrola's big bet on renewable energy is working on qz.com. By Nate DiCamillo.
4. Title: 4 Renewable Energy Stocks Set to Beat Q1 Earnings Estimates -on zacks.com. By Aparajita Dutta.
5. Title: Top Wind Energy Stocks for Q2 2023 on investopedia.com. By Noah Bolton.
6. Title: 25 Most Environmentally Friendly Companies in the World on yahoo.com. By Laiba Immad.
Articles from Outside the US1. India. Title: Top 10 Best Corporate Social Responsibility Companies In Europe 2023 on inventica.co.in. By kritikabhaskar.
2. Canada. Title: This new ETF offers a challenge to socially responsible investing skeptics on theglobeandmail.com. By Rob Carrick.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Analysts Like These Ethical and Sustainable 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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on May 19th.
Bye for now.
© 2023 Ron Robins, Investing for the Soul
This podcast includes these articles: "Power Your Portfolio with Renewable Energy," by Tony Sagami; "Top Solar Stocks for Q2 2023," by Nathan Reiff; "Time to Buy These Alternative Energy Stocks?" By Shaun Pruitt; "How Faith-based Funds Are Evolving to Address Climate Change," by Lewis Braham; "More Investors Turn to ESG Bond Funds," by James Comtois
Podcast: Buy These Renewable Energy Stocks Say AnalystsTranscript & Links, Episode 104, April 21, 2023
Hello, Ron Robins here. Welcome to podcast episode 104 and published on April 21, 2023, titled "Buy These Renewable Energy Stocks Say Analysts." 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.
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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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.
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1) Buy These Renewable Energy Stocks Say AnalystsNow, again, ESG securities analysts continue to focus on renewable energy. This is one of several articles on that industry in this podcast. It's titled Power Your Portfolio with Renewable Energy by Tony Sagami and seen on weissratings.com. Here are some of Mr. Sagami's quotes on his picks.
"The EIA forecasts that both wind and solar will grow by 1% in 2023. But… wind is beating solar by a wide margin.
If you want to add wind power to your portfolio, there are several stocks you should consider.
1. Northland Power (NPI.TO) is a Canadian power producer focused on renewable energy — including wind farms, natural gas and solar energy facilities.
2. TransAlta Renewables (RNW.TO) is a Canadian renewable energy company that owns and operates wind, hydro and natural gas power plants.
3. NextEra Energy (NEE) is an electricity power producer utilizing wind, solar, nuclear, coal and natural gas.
4. Vestas Wind Systems A/S (VWDRY) is a Danish wind energy company that owns massive wind farms in the U.S. and northern Europe.
5. Clearway Energy (CWEN) is one of the largest renewable energy operators in the U.S., with 5 GW of wind and solar energy projects and 2.5 GW of natural gas generation facilities.
6. TPI Composites (TPIC) manufactures wind turbine blades that produce one-third of all the onshore wind turbine blades.
If you are more of an ETF investor, take a look at First Trust Global Wind Energy ETF (FAN) and Global X Wind Energy ETF (WNDY)." End quotes.
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2) Buy These Renewable Energy Stocks Say Analysts
From the focus on wind, we turn to solar stocks with this article. It's titled Top Solar Stocks for Q2 2023 and is by Nathan Reiff and posted on investopedia.com. Here's some of what Mr. Reiff has to say about his recommendations.
"These are the solar stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you're paying less for each dollar of profit generated.
These are the top solar stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly year-over-year (YOY) percentage revenue growth and most recent quarterly YOY earnings-per-share (EPS) growth.
These are the solar stocks that had the highest total return over the past 12 months.
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3) Buy These Renewable Energy Stocks Say AnalystsHere's a third article on the renewable energies theme. It's titled Time to Buy These Alternative Energy Stocks? By Shaun Pruitt on finance.yahoo.com. Here's some of what Mr. Pruitt has to say.
"1. Clearway Energy (CWEN) Worthy of consideration is Clearway Energy which sports a Zacks Rank #1 (Strong Buy). Clearway 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.
Clearway's earnings estimate revisions are noticeably up over the last quarter. Fiscal 2023 earnings estimates have climbed 26% over the last 90 days with FY24 EPS estimates soaring 98%...
2. Pineapple Energy (PEGY) Sporting a Zacks Rank #2 (Buy), Pineapple Energy stock is also standing out among alternative energy companies. Pineapple is focused on local and regional solar, storage, and energy services.
Pineapple's portfolio of brands include Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power which provide homeowners and small businesses with end-to-end product offerings spanning solar, battery storage, and grid services.
Pineapple's growth is intriguing at the moment with the company edging closer to profitability. Earnings are expected to rise to $0.08 per share this year compared to an adjusted loss of -$0.96 a share in 2022. Even better, FY24 earnings are now projected to soar 337% to $0.35 per share.
Plus, sales are forecasted to climb 174% in FY23 to $85.20 million compared to $31.10 million in 2022. Fiscal 2024 sales are expected to jump another 40% to $119.30 million." End quotes.
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How Faith-based Funds Are Evolving to Address Climate ChangeNow to something completely different but of interest to some ethical and sustainable investors. It's an article titled How Faith-based Funds Are Evolving to Address Climate Change by Lewis Braham. Found on barrons.com. Some interesting quotes here for faith-based investors. Quote.
"In the long history of faith-based investing, the Vatican's publication of its investment guidelines, Mensuram Bonam, in November, 2022, was an important turning point.
Mensuram Bonam, which means 'good measure' in Latin, focuses on the global problems of income inequality and climate change. It quotes Pope Francis saying, 'Civilization requires energy, but energy use must not destroy civilization,' and cites the United Nations Sustainable Development Goals (SDG) as an 'important framework' for investors to consider.
Funds' CommentWhen Barron's Advisor first covered Mensuram Bonam, some faith-based mutual fund managers seemed caught off guard by the pope's environmental concerns. That disconnect persists. 'Most [faith-based fund companies] are trying to screen out things like [companies involved with] abortion and pornography,' says Chris McMahon of Aquinas Wealth Advisors, a Catholic advisory firm in Pittsburgh. 'It's an enormous lift for these firms to pivot and then add this kind of environmental stuff.'
… Yet the U.S.'s long tradition of faith-based investing has included important pivots in the past. 'People draw the origins of this movement to early congregations of Quakers speaking out against things such as the slave trade,' says Will Sorrell, director of values-based investing at OneAscent, which runs four faith-based exchange-traded funds as well as private accounts.
Sorrell says OneAscent has gradually shifted its Christian values-based policies to also incorporate environmental concerns and invest in companies having a positive impact on the environment…
Interestingly, OneAscent is unaffiliated religiously, but has 'a broadly Christian Protestant evangelical worldview,' Sorrell says. That gives it more flexibility to disagree with the Vatican.
Yet the largest Catholic values fund family, Ave Maria Funds, also apparently doesn't see the need to shift its investment strategy based on the Vatican's guidelines. 'From our standpoint, [Mensuram Bonam] hasn't impacted the way we manage the funds,' says Timothy Schwartz, president of Ave Maria's advisory firm, Schwartz Investment Counsel, which manages $2.9 billion…
Ave Maria Value (ticker: AVEMX) has 38% of its portfolio invested in energy stocks and it has voted against shareholder proposals for some of those companies to set long-term greenhouse gas emission reduction targets." End quotes.
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More Investors Turn to ESG Bond FundsAnd for a change of subject, we turn to green bonds with this piece titled More Investors Turn to ESG Bond Funds by James Comtois and seen on etftrends.com. Here's what Mr. Comtois says about one fund.
"Investors looking to increase their allocation to ESG-labeled corporate bonds may want to look into the Vanguard ESG U.S. Corporate Bond ETF (VCEB). The fund seeks to track the performance of the Bloomberg MSCI U.S. Corporate SRI Select Index, a market-weighted corporate bond index that measures the investment return of investment-grade U.S. dollar-denominated bonds and is screened for certain environmental, social, and corporate governance criteria. Its index includes fixed-rate, taxable bonds with a maturity of more than one year…
(The) Vanguard ESG U.S. Corporate Bond ETF had a 30-day SEC yield of 5.01% as of April 6 and carries an expense ratio of 0.12%" End quotes.
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Other Honorable Mention – not in any orderTitle: 10 Cheap Renewable Energy Stocks to Buy Now by Fahad Saleem. Found it on finance.yahoo.com.
Articles from Outside the US1. UK. Title: The best funds for green Isa investors, and how to make sustainable choices on inews.co.uk. By Holly Thomas.
2. UK. Title: Best ESG ETFs to Buy UK in 2023 on investingreviews.co.uk. By Antonia Medlicott.
3. Canada. Title: What Does Sustainable Investing Mean for Canadian Fund Investors? On morningstar.ca. By Ian Tam.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Buy These Renewable Energy Stocks Say Analysts."
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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on May 5th.
Bye for now.
© 2023 Ron Robins, Investing for the Soul
This podcast includes these articles: "The Best ESG Funds Of 2023," by Barbara Friedberg; "5 Best ESG Stocks to Consider in April 2023," by Benzinga; "Climate Change Stocks - How Investors Can Profit From The Green Revolution," by Q.ai; and "Five Top Graphite Stocks to Own with the EV Boom," by Baystreet Staff. And more.
Transcript & Links, Episode 103, April 7, 2023Hello, Ron Robins here. Welcome to podcast episode 103 and published on April 7, 2023, titled "Best ESG Funds and 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.
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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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.
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1) Best ESG Funds and StocksIt's been a while since I led off talking about ESG funds. So let's amend that now with this article titled The Best ESG Funds Of 2023. It's by Barbara Friedberg and found on forbes.com. Here are some of what Ms. Friedberg says about her picks.
"Forbes Advisor has selected what we believe to be the best ESG funds available in the market today…
We began our hunt by paring Morningstar's master list to 140 funds by excluding options that required minimum initial investments of more than $5,000. Also, we eliminated funds that did not lend themselves to the creation of a well-diversified mix of stock and fixed income investments…
We then screened out any funds with an annual expense ratio that was above 0.60%. For diversity, we selected passively managed as well as actively managed portfolios.
To meet the requirements of a very broad audience, so we deliberately excluded narrowly focused sector funds, geographically specialized funds and age group-specific target date funds. These screens left us with 18 choices.
The final list of the eight best ESG funds includes broadly diversified choices that are suitable for the widest possible group of investors. We included short and core fixed-income funds along with U.S. and international ESG equity funds. You might create an entire ESG portfolio from funds on the list or add a few to an existing investment portfolio."
End quotes.
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2) Best ESG Funds and StocksNow, from the best ESG funds to the best ESG stocks with this article titled 5 Best ESG Stocks to Consider in April 2023. It's by Benzinga and found on benzinga.com. Here are their recommendations with some quotes on each one.
"1. Microsoft (NASDAQ:MSFT)The company is organized into three segments, including productivity and business processes (which includes Microsoft Office, Skype, SharePoint and Office 365) (and) cloud infrastructure and platform-as-a-service offering. The last segment is personal computing including Xbox, Bing search, display advertising, laptops and desktops.
2. NVIDIA (NASDAQ:NVDA)The firms' chips are used in a variety of end markets such as high-end PCs for gaming, data centers, and automotive infotainment systems.
More recently, the firm has diversified its focus from traditional PC to more complex sectors such as artificial intelligence and autonomous driving. These sectors increasingly leverage high-performance capabilities in graphics processing units.
3. Salesforce (NYSE:CRM)Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company's main customer relationship management software-as-a-service product.
Salesforce.com also offers Service Cloud for customer support (and) Marketing Cloud for digital marketing campaigns and Commerce Cloud as an e-commerce engine. Its Salesforce Platform allows enterprises to build applications, and other solutions, such as data integration.
4. Accenture (NYSE:ACN)Accenture is a leading global IT services firm that provides consulting, strategy, and technology and operational services. These services are the anchor of successful enterprises and cover digital transformation, procurement services and software system integration.
The company provides its IT offerings to a number of sectors ranging from communications, media and technology as well as financial services, healthcare and consumer products.
5. Best Buy Co (NYSE:BBY)Best Buy is the largest pure-play consumer electronics retailer in the U.S., with over $47 billion in 2020 sales alone. This was driven by its 10% share of the aggregate market and nearly 40% share of offline sales, according to Benzinga, CTA industry and Euromonitor data. The bulk of the firm's sales are driven by mobile phones, computers, tablets, computers and appliances, which represent its three largest categories.
Accelerated by the COVID-19 pandemic, the U.S. e-commerce channel has roughly doubled from pre-pandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward." End quotes.
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3) Best ESG Funds and StocksAnd now to a listener's favorite sector with this title Climate Change Stocks - How Investors Can Profit From The Green Revolution. By Q.ai on forbes.com. Here are their stock picks and some of their comments on each one.
"Here are some examples of some of the most popular investments in this space…
Stocks
1. Tesla (TSLA)While electric vehicles are much more widespread now, much of that is thanks to the efforts of Elon Musk and Tesla, who popularized it from quirk to the mainstream.
Tesla stock isn't for the faint hearted, with the eccentric billionaire CEO causing wild swings in the price with crazy tweets and ideas. Nevertheless, so far it's been a great long term bet for many investors as the stock is up over 850% over the past five years.
2. First Solar (FSLR)Based out of Arizona, First Solar is one of the largest manufacturers of solar panels. Their panels are used in solar farms whose sole purpose is to generate electricity for the grid, but solar tech is also used in a wide range of other applications too…
First Solar's stock price is up almost 200% over the past five years.
3. Enphase Energy (ENPH)Where First Solar helps create renewable energy and Tesla uses it, Enphase Energy acts as the middleman. They create battery systems and electric vehicle charging stations, that allows this to be used functionally in our day to day lives.
While Enphase charging stations are attached to the electricity grid, which isn't solely powered by renewable energy, it's a vital piece in the chain to make electric vehicles more usable.
Enphase Energy stock is up a whopping 4,220% over the last five years.
4. Vestas Wind Systems (VWS.CO)Even before electricity was invented, humans harnessed wind to power our ships and windmills to run agricultural machinery. Wind farms from Vesta Wind Systems are a lot more complex these days, but the basic concept remains the same.
It's another winner from a financial point of view, with Vestas stock up 115% over the past five years.
If you're looking for a broader level of diversification and want to invest in clean energy via ETFs, there are some great options for investors.
Some examples include:
1. First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN)This fund aims to broadly mimic the NASDAQ Clean Edge Green Energy Index… by investing in green energy companies. Some of the largest holdings in the fund include companies like ON Semiconductor, Tesla, First Solar, SolarEdge, Albermarle, Rivian and Plug Power.
2. iShares Global Clean Energy UCITS ETF (IQQH.DE)This ETF has a similar objective, but instead aims to benchmark against the S&P Global Clean Energy Index. Some of the major holdings in the fund include Vestas Wind Systems, First Solar, Plug Power and Consolidated Edison." End quotes.
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4) Best ESG Funds and StocksContinuing in a related field to energy is this article titled Top of Form
Five Top Graphite Stocks to Own with the EV Boom. It's on baystreet.ca and by Baystreet Staff. Here is some of what is in the article. Quote.
"With the electric vehicle market accelerating, investors may want to pay close attention to the graphite market,' Andrew Miller, chief operating officer at Benchmark Mineral Intelligence, (is) quoted by InvestingNews.com (as saying). 'We're now projecting that by the end of next year, batteries will be the number one leading market for graphite.'… In addition, to meet rising demand, Benchmark Mineral Intelligence estimates that up to 150 new operations across natural and synthetic graphite are needed by 2035. That's creating big opportunity for natural graphite companies… (and) beneficial for (some) vehicle stocks.
1. Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF)Announced the formation of a new wholly-owned subsidiary, AirCarbon Technology Corp., to develop the Rockstone Graphite Project. The Company has also entered into a partnership with R&D Innovation Inc. to use their patent-pending and proprietary air classification separation technology to process samples from the Rockstone Graphite Project. The Air Classification System eliminates the need for flotation, chemicals and drying in the graphite milling process and greatly reduces the capital costs for a traditional graphite mill. It has also been designed to eliminate the need for tailing ponds and greatly lessen the need for significant infrastructure at a mine site…
'We firmly believe that graphite is being overlooked in the market, considering its critical position in the battery metal supply chain… said Zayn Kalyan, CEO and Director of Infinity Stone.
2. Volkswagen (VWAGY)Just announced that it is stepping up its activities in North America in a bid to take a strong position in this important growth market for battery electric vehicles. The Group and its battery company PowerCo have selected St. Thomas in Ontario, Canada, to establish Volkswagen's first overseas gigafactory for cell manufacturing, which will produce sustainable unified cells, start of production is planned for 2027…
3. Graphite One Inc. (GPHOF)Is planning a complete domestic U.S. supply chain for advanced graphite materials, is pleased to announce drill results from its 2022 Field Program at its Graphite Creek Property (in Alaska) … Graphite Creek is living up to its designation by the US Geological Survey as the largest and highest grade graphite resource in the United States.
4. NextSource Materials Inc. (NEXT.TO)(Has) announced that construction of the processing plant and mining camp for the Company's Molo Graphite Mine in Madagascar is now complete, and that the entire mining fleet is at site. President and CEO, Craig Scherba, commented: 'We are now entering the final stages of development of Phase 1 and are fast approaching first production.'
5. Tesla (TSLA)In the fourth quarter, it produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million. The company also continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the quarter." End quotes. It seems a little strange having Tesla here but I guess Tesla must have some relationship with its battery production.
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Now one Other Honorable Mention1. Title: Texas Instruments a Top Socially Responsible Dividend Stock With 2.8% Yield (TXN) on nasdaq.com. By BNK Invest.
One article from Outside the US1. UK Title: Top 10 ethical financial advisers in 2023 on good-with-money.com. By Lori Campbell.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast titled: "Best ESG Funds and 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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on April 21st.
Bye for now.
© 2023 Ron Robins, Investing for the Soul
The World's Most Ethical Companies podcast includes these articles: "The 2023 World's Most Ethical Companies®," by Ethisphere; "Top 10: Brands for Diverse Corporate Social Responsibility," by Tom Swallow; and "12 Best Renewable Energy Stocks to Buy Now," by Fahad Saleem. Find a full transcript, links to content, including stock symbols and bonus material here. Plus
Podcast: The World's Most Ethical CompaniesTranscript & Links, Episode 102, March 24, 2023
Hello, Ron Robins here. Welcome to podcast episode 102 and published on March 24, 2023, titled "The World's Most Ethical 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.
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.
Now if any terms are unfamiliar to you, simply Google them.
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 so that I can get as many companies covered as possible in the time allowed. 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.
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The World's Most Ethical CompaniesI'm going to start with a great ranking analysis titled The 2023 World's Most Ethical Companies® The most frequent companies to appear on the list at 17 times are Aflac Incorporated, Ecolab, International Paper, Kao, Milliken & Company, and PepsiCo, Inc. If there is a weakness in this list it's that the companies have to apply to be rated. Hence, this process could leave out some great companies.
Here are some quotes from their website.
"At the heart of the evaluation and selection process for the World's Most Ethical Companies® is Ethisphere's proprietary rating system, the corporate Ethics Quotient (EQ). The EQ framework features more than 200 multiple-choice and text questions that capture a company's performance in an objective, consistent, and standardized way.
In 2023, 135 organizations are recognized for their unwavering commitment to business integrity.
The honorees span 19 countries and 46 industries, and include 8 first-time honorees." End quotes.
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Top 10: Brands for Diverse Corporate Social ResponsibilityNext is this article titled Top 10: Brands for Diverse Corporate Social Responsibility by Tom Swallow on sustainabilitymag.com. Though not strictly investment recommendations, this list will appeal to many listeners of this podcast. Here are some comments by Mr. Swallow on each of his chosen brands.
"To highlight the diverse approaches to corporate social responsibility (CSR) we're looking at some of the leading organisations for both their commitments and innovative stance on developing business sustainably…
10. Bosch (BOSCHLTD.BO)Backing climate-neutrality, Bosch is a major provider of high-quality, reliable electronics, along with other solutions to support sustainable developments. The company is committed to reducing emissions both upstream and downstream in its supply chain.
From an electric vehicle (EV) standpoint, Bosch enables electrification through its electric drive solutions, providing scalable propulsion solutions to the industry.
9. TOMS (private company)The popular footwear brand, TOMS is built on social impact as the primary mission of the company is to donate a pair of shoes for every new pair sold.
8. Wells Fargo (WFC)The financial services organisation, Wells Fargo donates up to 1.5% of its annual revenue to charities—a percentage of revenue that exceeds US$18.7bn. These funds reach more than 14,500 non-profit organisations, including those supporting efforts to provide food, and renewable energy and science development programmes.
7. Pfizer (PFE)In times of crisis, healthcare assistance is critical, which is where Pfizer provides extensive support through its three pillar strategy to meet corporate social responsibility (CSR) objectives. These pillars include donation, grant funding, and providing aid when disaster strikes.
Such efforts were seen after Hurricane Matthew ripped through Haiti and the ongoing crisis plaguing refugees in Europe and the Middle East.
6. Netflix (NFLX)The online on-demand streaming platform, Netflix enables relationships by offering its staff members 52 weeks paid parental leave, which can be taken any time within a child's early years.
The average technology firm provides parents with 18 weeks paid leave during the maternity/paternity phase.
5. Ford Motor Company (F)One of the largest automotive brands with heritage dating back to 1903, Ford Motor Company is on a mission to 'build a better world' through electrification. One of the key employment mechanisms backed by Ford is pay equity as part of its wider diversity, equity and inclusion (DEI) strategy—balancing discrepancies in the pay gap between employees.
4. Coca-Cola Company (KO)The environment is a primary focus for Coca-Cola Company and one of its most significant adaptations will come from 100% plant-based packaging. In 2021, the business announced the first ever bottle made in this way and has since been refining its product and understanding how it will align with the wider manufacturing process.
3. Starbucks (SBUX)Representing CSR in the cafe business is Starbucks, which is openly committed to diversity, equity and inclusion, in the workforce.
Starbucks has taken steps to address racial and social inequality by introducing a mentorship scheme designed to link people from black and indigenous backgrounds to senior executives and cultivate partnerships. By 2025, the company hopes to reach its target to achieve 30% black, indigenous, and people of color (BIPOC) representation in corporate roles and 40% in retail and manufacturing.
2. Alphabet (GOOG)As the parent of Google, Alphabet's CSR strategy aims to indirectly support communities and address their concerns. However, Google is already well-acquainted with climate strategy and is taking action to reduce the impact of the search engine and supported devices.
1. Johnson & Johnson (JNJ)A leading organisation in the pharmaceutical industry, Johnson & Johnson (J&J) acts as a great example of CSR in action. For more than 30 years, J&J has dedicated many of its efforts to minimising its ecological footprint.
Its support spans various aspects, including wind energy usage and delivering clean water to communities globally." End quotes.
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12 Best Renewable Energy Stocks to Buy NowNow back to a popular theme with this article titled 12 Best Renewable Energy Stocks to Buy Now. It's by Fahad Saleem and was found on news.yahoo.com. Here's some of what Mr. Saleem has to say about each of his stock picks.
"For this article, we scanned Insider Monkey's database of 943 hedge funds and picked the top 12 renewable energy stocks. That means these are the most popular renewable energy stocks among the elite hedge funds in the world. With each stock we have mentioned the number of hedge fund investors as of the end of the fourth quarter of 2022.
12. Canadian Solar Inc. (NASDAQ:CSIQ)Number of Hedge Fund Holders: 16
Canadian Solar sells solar PV modules… For the fourth quarter, Canadian Solar expects its revenue to come in at $1.97 billion, better than its guidance range of $1.8 billion to $1.9 billion. Analyst consensus estimate for this figure was $1.86 billion. For the first quarter of 2023, Canadian Solar expects its revenue to come in the range of $1.6 billion to $1.8 billion, which is below the analyst consensus estimate of $2.04 billion.
11. Avangrid, Inc. (NYSE:AGR)Hedge Fund Holders: 18
Avangrid is an energy company serving millions of customers in the US. Avangrid has a strong renewable energy portfolio consisting of wind and solar energy projects…
In February, Avangrid declared a per share dividend of $0.44, in line with the previous dividend. Forward dividend yield at the time came in at 4.34%.
10. SunPower Corporation (NASDAQ:SPWR)Hedge Fund Holders: 21
SunPower Corporation makes photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. In February, SunPower Corporation posted strong Q4 results that crushed analyst estimates. Adjusted EPS in the quarter came in at $0.15, beating estimates by $0.01. Revenue in the quarter jumped about 43% YoY to reach $497.4 million, beating estimates by $16.4 million.
9. Plug Power Inc. (NASDAQ:PLUG)Hedge Fund Holders: 25
Hydrogen fuel cell company Plug Power is one of the best renewable energy stocks to buy now.
Recently, Citi analyst P.J. Juvekar decreased his price target for Plug Power stock to $20 from $21 but kept a Buy rating on the shares. The analyst said that Plug Power has a first mover advantage to capture the benefits of the Inflation Reduction Act.
8. Clearway Energy, Inc. (NYSE:CWEN)Hedge Fund Holders: 27
Clearway Energy has significant wind and solar energy operations across 26 states in the US. Clearway Energy has a PE ratio of 5.94 which makes it an attractive option for those looking for undervalued plays in the renewable energy space. In February, Clearway Energy declared a quarterly dividend of $0.3745 per share, which was a 2% increase from its previous dividend. Forward dividend yield at the time came in at 4.48%.
7. Sunnova Energy International Inc. (NYSE:NOVA)Hedge Fund Holders: 27
Residential solar company Sunnova Energy International… recently posted Q4 results which were better than expected. GAAP EPS in the quarter came in at -$0.18, beating estimates by $0.26. Revenue in the quarter increased by 200.8% to reach $195.6 million, beating estimates by $55.84 million.
6. SolarEdge Technologies, Inc. (NASDAQ:SEDG)Hedge Fund Holders: 43
Israel-based SolarEdge Technologies… gained about 15% through March 8. SolarEdge Technologies makes solar inverters widely used in the solar energy industry…
In February, SolarEdge Technologies posted strong Q4 results. Adjusted EPS in the quarter came in at $2.86, beating estimates by $1.27. Revenue in the quarter increased by about 61% on a YoY basis to reach $890 million, beating estimates by $11.64 million.
5. First Solar, Inc. (NASDAQ:FSLR)Hedge Fund Holders: 44
First Solar (stock) jumped earlier this month after UBS upgraded the stock to Buy from Neutral with a $250 price target…UBS believes First Solar is 'the most significant beneficiary' of the Inflation Reduction Act.
4. Constellation Energy Corporation (NASDAQ:CEG)Hedge Fund Holders: 51
Baltimore, Maryland-based Constellation Energy… says it's the largest producer of carbon-free energy in the country. Earlier this month, Constellation Energy Corporation announced that it has started hydrogen production at its Nine Mile Point Nuclear Plant in Oswego, New York.
Alger Capital made the following comment about Constellation Energy Corporation in its Q3 2022 investor letter:
'Shares outperformed during the third quarter primarily due to the Inflation Reduction Act (IRA)… the bill provides a nuclear production tax credit of approximately $43.75 per megawatt hour of energy generated. This credit favorably impacted earnings.'
3. NextEra Energy, Inc. (NYSE:NEE)Hedge Fund Holders: 61
NextEra Energy is one of the most popular renewable energy stocks among elite hedge funds…
In February, NextEra Energy rolled out a 10% increase in its quarterly dividend when it announced a per-share dividend of $0.4675.
2. Enphase Energy, Inc. (NASDAQ:ENPH)Hedge Fund Holders: 63
Enphase Energy is one of the most versatile renewable energy companies, making several solutions in the industry, including solar micro-inverters, battery energy storage, and EV charging stations for homes.
In late February, Enphase Energy shares jumped after Janney Montgomery analyst Sean Milligan upgraded the stock to Buy from Neutral with a $282 price target.
1. Tesla, Inc. (NASDAQ:TSLA)Hedge Fund Holders: 91
Tesla, Inc. makes it to our list of the best renewable energy stocks because the company's electric vehicles are playing key role in deploying the renewable energy sources in the auto industry in addition to its Powerwall and solar roof products for homes.
Recently, Jefferies upped its price target for Tesla, Inc. to $230 from $180 and kept a Buy rating on the shares… Jefferies also upped its 2023 and 2024 operating earnings estimates for Tesla, Inc. by 10% and 8%, respectively." End quotes.
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Now some Other Honorable Mentions – no particular order1) Title: 11 Stocks to Examine Through a Sustainability Lens on morningstar.ca. By Adam Fleck.
Articles From Outside the US1) UK Title: Six ethical investment IFISAs on p2pfinancenews.co.uk. By Hannah Gannage-Stewart.
2) UK Title: 'We've lost the right to be pessimistic': Patagonia treads fine line tackling climate crisis as for-profit company on theguardian.com. By Lauren Aratani.
3) UK Title: Could these 3 renewable energy stocks surge as lithium demand grows? Found on uk.finance.yahoo.com. By Christopher Ruane.
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Ending CommentWell, these are my top news stories with their stock and fund tips -- for this podcast number 102 titled: "The World's Most Ethical 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 terribly troubled times!
Contact me if you have any questions.
Thank you for listening.
Talk to you next on April 7th.
Bye for now.
© 2023 Ron Robins, Investing for the Soul
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