Great Sustainable Stocks and Funds for 2024

9 feb · Ethical & Sustainable Investing News to Profit By!

00:26:20

Ron Robins, MBA

Transcript & Links, Episode 123, February 9, 2024

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

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

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

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

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Top 10: ESG Stocks to Consider in 2024

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

“1. Nvidia

MSCI Rating: AAA

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

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

2. Microsoft

MSCI Rating: AAA

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

3. Best Buy

MSCI Rating: AAA

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

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

4. Adobe

MSCI Rating: AAA

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

5. Intuit

MSCI Rating: AAA

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

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

6. Idexx

MSCI Rating: AAA

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

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

7. Lam Research

MSCI Rating: AAA

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

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

8. Salesforce

MSCI Rating: AA

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

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

9. POOLCORP

MSCI Rating: AA

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

10. Cadence

MSCI Rating: AA

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

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America's Most Responsible Companies 2024

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

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

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

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

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7 Best Solar Stocks to Buy Now

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

“1. Array Technologies Inc. (ARRY)

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

Market capitalization: $2 billion

2. Canadian Solar Inc. (CSIQ)

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

Market capitalization: $1.5 billion

3. Daqo New Energy Corp. (DQ)

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

Market capitalization: $1.3 billion

4. Enphase Energy Inc. (ENPH)

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

Market capitalization: $14.5 billion

5. First Solar Inc. (FSLR)

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

Market capitalization: $15.8 billion

6. SolarEdge Technologies Inc. (SEDG)

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

Market capitalization: $3.9 billion

7. Sunnova Energy International Inc. (NOVA)

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

Market capitalization: $1.3 billion.” End quotes.

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

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

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

1. Invesco ESG NASDAQ 100 ETF (QQMG)

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

2. ClearBridge Large Cap Growth ESG ETF (LRGE)

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

3. Parnassus Growth Equity Institutional (PFPGX)

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

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

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

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

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

End quotes.

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3 Stocks Poised for Success in the Sustainable Fashion Trend

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

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

1. Lululemon Athletica (LULU)

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

2. Deckers Outdoor (DECK)

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

3. Columbia Sportswear (COLM)”

End quotes.

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Other Honorable Mentions – not in any order.

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

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

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

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

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

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

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

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

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

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

Additional Articles from the UK and Australia

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

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

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

Bye for now.

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Episodios

Top Eco-Friendly Stocks
5 sep· Ethical & Sustainable Investing News to Profit By!
Top Eco-Friendly Stocks are from the Corporate Knights rankings. Plus, Reddit’s best ethical companies and an article listing Shariah-compliant stocks.

By Ron Robins, MBA

Podcast: Top Eco-Friendly Stocks

Transcript & Links, Episode 137, September 6, 2024

Hello, Ron Robins here. Welcome to this podcast episode 137 published September 6, 2024, titled “Top Eco-Friendly Stocks.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

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

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, and I don’t receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal 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 articles for more company and stock information.

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7 Best Ethical Companies To Invest In According to Reddit

The first article I’m reviewing is titled 7 Best Ethical Companies To Invest In According to Reddit. It’s by Affan Mir and found on insidermonkey.com. Here are some quotes.

“Our Methodology

The companies are listed in ascending order of the number of hedge fund holders as of the second quarter of 2024. The hedge fund data was taken from our database of over 900 elite hedge funds…

Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds.

7. HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Number of Hedge Fund Holders: 16

The company invests in behind-the-meter (BTM) building or facility-specific distributed energy projects, which are tailored to reduce energy consumption or costs for specific buildings or facilities.

6. Ecolab Inc. (NYSE:ECL)

Hedge Fund Holders: 42

Ecolab Inc. … initially, the company focused on innovative cleaning products but has since become a major player in the water, hygiene, and energy sectors. The company serves various industries, including food processing, healthcare, hospitality, and manufacturing, by offering technology and services that ensure water quality and safety…

In 2024, it was recognized as one of the World’s Most Ethical Companies by Ethisphere for the 18th consecutive year.

5. Waste Management, Inc. (NYSE:WM)

Hedge Fund Holders: 49

Waste Management, Inc. … Over the years, the company has evolved into a comprehensive waste management company with a vast operational footprint.

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

Hedge Fund Holders: 66

First Solar is an American company in the solar energy industry that specializes in manufacturing solar panels and developing utility-scale photovoltaic (PV) power plants.

3. Costco Wholesale Corporation (NASDAQ:COST)

Hedge Fund Holders: 71

Costco Wholesale Corporation is a warehouse club that operates on a membership basis, offering a wide range of products.

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

Hedge Fund Holders: 73

NextEra Energy, Inc. … company operates a diverse portfolio through its subsidiaries, which include Florida Power & Light (FPL), NextEra Energy Resources (NEER), and NextEra Energy Partners.

1. NVIDIA Corporation (NASDAQ:NVDA)

Hedge Fund Holders: 179

NVIDIA Corporation is a California-based prominent tech company… recognized for its groundbreaking advancements in graphics processing units (GPUs) and AI.”

End quotes.

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Top 25 Eco-Friendly Companies in 2024

Now this next article should interest most of you. It’s titled Top 25 Eco-Friendly Companies in 2024. It’s by Meerub Anjum and found on finance.yahoo.com. Due to my time restrictions, the 25 companies are covered briefly. Go to the link on this episode’s podcast page for the full article. Here are my brief quotes.

“Methodology

To compile our list of the top 25 eco-friendly companies in 2024, we utilized the sustainable investment ratio data for the global 100 companies from Corporate Knights. We then used the purchasing power parity revenue of companies as of 2023 to calculate the absolute sustainable revenue of companies. Finally, we ranked the top 25 eco-friendly companies in 2024 in ascending order of their absolute sustainable revenue.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into… Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

25. Henkel AG & Co. (OTC:HENOF)

In 2023, over 20% of its revenue was from sustainable products or services.

24. Risen Energy Co. Ltd. (SHE:300118)

In 2023, Risen Energy Co Ltd generated 100% of its revenue from sustainable products and services.

23. Yadea Group Holdings Ltd. (OTC:YADGF)

is an investment holding company engaged in the manufacturing and sale of two-wheeled electric vehicles and related accessories in China.

22. Kering SA (OTC:PPRUF)

in 2024… it generated 26.5% of its revenue from sustainable products in 2023.

21. Nordex SE (OTC:NRXXY)

The company is involved in the manufacturing and distribution of onshore wind turbines.

20. Hewlett Packard Enterprise Company (NYSE:HPE)

is one of the most sustainable companies, boasting a sustainable revenue of 33.1%.

19. Li Auto Inc. (NASDAQ:LI)

In 2023, Li Auto Inc generated 100% of its revenue from sustainable products.

18. Ricoh Company, Ltd. (OTC:RICOY)

Ricoh Company, Ltd.'s sustainable revenue was 50.8% of its total revenue in 2023.

17. NIO Inc. (NYSE:NIO)

is involved in the manufacturing and sale of smart electric vehicles in China.

16. Ørsted A/S (OTC:DNNGY)

65% of its revenue was from sustainable products and services in 2023.

15. SAP SE (NYSE:SAP)

SAP SE generated nearly 30% of its revenue from sustainable products and services.

14. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

In 2023, 46.8% of its revenue was generated from sustainable services and products.

13. Banco do Brasil S.A. (OTC:BDORY)

generated 28.6% of its revenue from sustainable products and services in 2023.

12. Neste Oyj (OTC:NTOIY)

Its renewable products include renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics.

11. Sanofi (NASDAQ:SNY)

In 2023, 27.2% of its revenue was from eco-friendly products and services.

10. Alstom SA

is involved in the manufacturing of monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives.

9. Samsung SDI Co. Ltd. (KRX:006400)

provides lithium-ion batteries used in smartphones, tablets, laptops, and other devices including electric bikes and scooters.

8. Cisco Systems, Inc. (NASDAQ:CSCO)

aims to achieve net zero emissions by 2040 and also incorporate circularity in 100% of its new products and packaging by 2025.

7. Vestas Wind Systems (OTC:VWDRY)

100% of its revenue is generated from eco-friendly products.

6. Bank of China Limited (OTC:BACHF)

Nearly 17% of its revenue, which amounts to $25.9 billion, was from sustainable sources in 2023.

5. XPeng Inc. (NYSE:XPEV)

100% of its revenue is generated from sustainable products and services.

4. Schneider Electric S.E. (OTC:SBGSY)

is involved in the production of inverters, solar panels, solar equipment, wind farm microgrids, power metering systems, and smart monitoring solutions, among others.

3. HP Inc. (NYSE:HPQ)

reduced its Scope 1 and 2 emissions by 62% in 2023.

2. Tesla, Inc. (NASDAQ:TSLA)

In 2023, 100% of its revenue was generated from sustainable products and services.

1. Apple Inc. (NASDAQ:AAPL)

In 2023, it generated nearly 70% of its revenue from sustainable products and services.”

End quotes.

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Top 10 Shariah Compliant Stocks by Market Cap

Many ethical investors might not know that Shariah investing has similarities to ethical investing. This article briefly explains Shariah-based investing and the ethical stocks favored by the article’s authors. It’s titled Top 10 Shariah Compliant Stocks by Market Cap. Author(s) not mentioned, but found on amalinvest.com. Here are some quotes.

“Islamic finance has grown significantly in recent years, with more investors seeking stocks that align with Shariah principles. Let's explore the top 10 Shariah compliant stocks by market capitalization, examining what makes them attractive to ethical investors and how they stack up in the global market…

Shariah law prohibits investment in companies involved in certain activities, such as alcohol, gambling, pork products, and conventional financial services. Additionally, there are financial ratios that companies must meet to be considered compliant.

Compliance vs. Halal

It's crucial to note that ‘Shariah compliant’ doesn't necessarily mean ‘halal.’ Compliant companies may still have some activities that aren't permissible under Shariah law, but they don't exceed certain thresholds that would make them impermissible for investment.

Now, let's examine our top 10 list:

1. Apple Inc. (AAPL)
Compliance: Halal
The tech giant Apple leads our list with an impressive market cap of $3.45 trillion.

2. NVIDIA Corporation (NVDA)
Compliance: Halal
NVIDIA, a leader in GPU technology and AI computing, comes in second with a market cap of $3.11 trillion. Its focus on cutting-edge technology and strong financial position contribute to its Shariah compliant status.

3. Alphabet Inc. (GOOGL)
Compliance: Doubtful
Google's parent company, Alphabet, holds the third spot. Despite its massive market cap, its compliance status is marked as doubtful. This could be due to its diverse range of services, which may include activities not fully aligned with Shariah principles.

Bottom of Form

4. Amazon.com Inc. (AMZN)
Compliance: Doubtful
E-commerce giant Amazon is fourth on our list, but also carries a doubtful compliance status. This might be related to its involvement in streaming services that could include content not aligned with Shariah principles, or its financial services offerings.

5. Meta Platforms Inc. (META)
Compliance: Doubtful
Facebook's parent company, Meta, rounds out our top five. Its doubtful status could be due to concerns about content moderation and potential involvement in activities not fully aligned with Shariah law.

6. Eli Lilly and Co (LLY)
Compliance: Halal
Eli Lilly, a pharmaceutical company, is the first non-tech firm on our list. Its focus on healthcare and strong financial position contribute to its Shariah compliant status.

7. Broadcom Inc. (AVGO)
Compliance: Halal
Broadcom, a designer, developer, and global supplier of semiconductor devices, maintains a Shariah compliant status due to its focus on technology and solid financials.

8. Tesla Inc. (TSLA)
Compliance: Halal
Electric vehicle manufacturer Tesla is Shariah compliant, likely due to its focus on sustainable transportation and energy solutions, as well as its financial structure.

9. Walmart Inc. (WMT)
Compliance: Doubtful
Retail giant Walmart makes the list but with a doubtful compliance status. This could be due to the sale of products not permissible under Shariah law, such as alcohol or pork products.

10. Visa Inc. (V)
Compliance: Halal
Rounding out our top 10 is Visa, a financial services company. Its Shariah compliant status might surprise some, but it's likely due to its business model focusing on payment processing rather than traditional banking activities.”

End quotes.

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3 Green ETFs With Promising Upside And Long-Term Potential

Now an article from Canada. It’s titled 3 Green ETFs With Promising Upside And Long-Term Potential. It’s by Pierre Raymond and seen on theglobeandmail.com. Here’s some of what Mr. Raymond says about his picks.

“1. iShare Climate Conscious & Transition MSCI USA (USCLi)

One of the key objectives of the fund is to track the performance and investment results of large and mid-cap U.S. companies that are actively contributing to the low-carbon economy transition. Overall, the fund has delivered a one-year return of 23.10%, slightly below the benchmark of 23.16%.

2. Carbon Transition U.S. Equity ETF (JCTR)

provides investors exposure to the broader U.S. market by positioning the fund to benefit from companies that invest in the low-carbon economy transition… The fund delivered one-year quarterly returns of 24.40%, similar to that of the JPMAM Carbon Transition U.S. Equity Index.

3. Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ)

which seeks to track the performance of the Solactive ISS ESG U.S. Net Zero Pathway Enhanced Index… The current one-year return is 24.44% versus 24.54% of the underlying index, and 24.56% of the S&P.”

End quotes.

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One other great article that time didn’t allow me to review here.

3 Franklin Templeton Mutual Funds for Sustainable Returns. It’s by Zacks Equity Research and was found on finance.yahoo.com.

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Ending Comment

These are my top news stories with their stock and fund tips for this podcast “Top Eco-Friendly Stocks.”

Please click the like and subscribe buttons 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 troubled times!

Contact me if you have any questions.

Thank you for listening.

Now my next podcast will be September 20th.

I’ll talk to you then!

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Top Food and Healthcare stocks. And more…
22 ago· Ethical & Sustainable Investing News to Profit By!
Top Food and Healthcare stocks. And more… Includes a 100-company ranking of companies producing the most favorable human life impacts.

By Ron Robins, MBA

Transcript & Links, Episode 136, August 23, 2024

Hello, Ron Robins here. It’s good to be back after my summer break! So, welcome to this podcast episode 136 titled “Top Food and Healthcare stocks. And more…” Presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

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

Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, and I don’t 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 articles for more company and stock information.

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3 Plant-Based Food Stocks That Could Be Multibaggers in the Making: July Edition

I’m starting with this article on food stocks as it’s a segment that many of you are interested in. It’s titled 3 Plant-Based Food Stocks That Could Be Multibaggers in the Making: July Edition. It’s by Philippa Main and found on investorplace.com. Now some quotes from the article.

“Investors have many reasons for investing in plant-based food stocks… But there are also a lot of ups and downs in the vegan-friendly and plant-based industries. Even one of the most recognizable names in the vegan meat industry, Beyond Meat (NASDAQ:BYND), has been down consistently over the last five years, with very few times of sustained value.

However, the overall sector’s potential for growth remains robust… The plant-based food market value is currently at $46.7 billion and could expand to $96.6 billion by 2033. That’s a compound annual growth rate (CAGR) of 8.4%...

1. Laird Superfood (NYSEAMERICAN:LSF)

Specializes in providing plant-based coffee creamers, hydration supplements and other foods. The stock topped out at $57 in 2020 but has since dropped dramatically. It is now trading at around $4 a share. However, recent quarterly results prove that the company is back on the upswing…

The company’s 22% net sales growth during the first quarter was among the top results for any company in the food industry. The company saw at least a 40% gross margin. While the company still operates at a net loss, its balance sheet remains strong with no debt. The company raised its outlook for net sales thanks to the positive Q1 results.

Laird Superfood stock is affordable for investors looking to enter the vegan-friendly and plant-based food stocks segment. Laird Superfood has many potential growth opportunities on the horizon… It recently received a $32 million influx of funding from WeWork. All this combined means investing now could see great returns in the long term.

2. SunOpta (NASDAQ:STKL)

has been producing plant-based food and beverages for over 50 years. In the past three years, the company has committed over $200 million to expanding production capacity and reaching its goal of doubling its plant-based business by 2025.

Across the several segments the company operates in, there is a $22 billion addressable market. The company’s nutritional beverages sector saw the largest year-over-year (YOY) growth at 20%. The company also partners with other major names in the food retail industry.

These include Costco (NASDAQ:COST), Walmart (NYSE:WMT) and Target (NYSE:TGT). Partnering with big retail brands helps increase the exposure of its products and, in turn, generates higher sales volume.

SunOpta stock has had its ups and downs over the past five years but currently has a 93% upside.

3. Tyson Foods (NYSE:TSN)

One of the most well-known chicken brands in the U.S. may not seem like a good pick for a list of plant-based food stocks. For investors who want to feel good about investing in companies working toward making more plant-based options but don’t want to gamble on a company solely focused on that sector, Tyson Foods is a good way to diversify.

Though down substantially over the last five years, Tyson Foods stock has seen a rally of 10% in the last 12 months and 6.5% year-to-date (YTD). In the previous five years, Tyson has been increasing its plant-based offerings through its brand, Raised and Rooted, and has 10 plant-based products. These include plant-based patties, ground meat substitutes, sausages and nuggets. As inflation dampens demand for meat as prices soar, Tyson’s presence in the plant-based industry will give it a head start compared to its competitors.

Though there have been some financial troubles for the company in the last year or so, things are starting to turn around.”

End quotes.

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The energy transition from fossil fuels will power these stocks - including Big Oil

Now, this next article acknowledges the energy transition, however, some of the comments and companies suggested will not appeal to many ethical and sustainable investors. I wondered long and hard as to include this article or not. However, since the European Commission is likely to include natural gas in its preferred funding energy financing initiative, I ‘dared’ to include it.

The article is titled The energy transition from fossil fuels will power these stocks - including Big Oil. It’s by Jakob Wilhelmus, provided by Dow Jones, and found on morningstar.com. Here are some quotes.

“Modernizing the grid

The International Energy Agency estimates that to power itself primarily with renewable energy, the world would need to add or replace nearly 50 million miles of transmission lines by 2040…

For investors, that creates opportunity around the complementary infrastructure that is needed to build out the grid.

Companies such as Eaton (ETN) that provide essential components - including inverters or substations for transmission lines - are well-positioned to take advantage of these ambitious goals. Their central role in the energy transition over coming years may not be fully appreciated today, but markets might soon catch up.

Shifting to the greener end of fossil fuels

Fossil fuels will certainly continue to be a component of the energy system of the future… Indeed, global demand for liquified natural gas (LNG) is expected to grow by more than 50% by 2040 as the coal-to-gas transition expands in China and South Asia…

For investors, it is critical to seek energy-sector companies that are forward-looking and are finding ways to remain energy providers regardless of what the primary energy sources might be.

Two such companies are TotalEnergies (TTE) and Shell (SHEL), which are expanding natural-gas production and transport capabilities.

Pipelines are another way to take advantage of the global shift to natural gas. Often these firms have long-term purchase agreements in place, providing investors with an attractive ‘toll collection’ that provides a differentiated risk-return proposition in the natural-gas space: exposure to booming demand with less exposure to short-term price volatility. These characteristics and accompanying cash flows make major pipeline players including Enbridge (ENB) and Kinder Morgan (KMI) particularly interesting for debt investors.

Getting smart on energy use

Investors should also pay close attention to innovation around managing demand and using energy supplies more efficiently…

This has created a two-way system, where customers actively manage their energy consumption through smart appliances or storage, while system operators have increased capabilities to manage electricity distribution and generation.

This development might benefit companies, such as Schneider Electric (SBGSY), that provide smart sensors and devices all the way to the software that allows grid operators to optimize supply and demand…

Global renewable capacity grew by 50% in 2023 and these sources offer some of the lowest cost of producing electricity today. But even this pace of growth in renewables may not be enough to account for the steep rise in energy demand.”

End quotes.

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The 3 Best Healthcare Stocks to Buy in August 2024

Now, here’s an article on another favorite sector, healthcare, and it’s titled The 3 Best Healthcare Stocks to Buy in August 2024. It’s by investorplace.com and was seen on markets.businessinsider.com. Here are some interesting quotes.

“The healthcare industry has been a critical part of the economy for a long time. According to a McKinsey & Company report, the healthcare industry is expected to grow at 7% from 2022 to 2027.

1. Bristol-Myers Squibb (NYSE:BMY).

The pharmaceutical powerhouse consistently ranks as one of the top companies on the market, and has several drugs that generate billions of dollars in revenue. Furthermore, Bristol-Myers Squibb has a number of drugs currently in clinical trials that could bring in huge success over the next decade. Among these is schizophrenia treatment Eliquis KarXT. The drug is expected to receive a recommendation from the FDA as early as next month. If it gets approved, it will be the first newly developed treatment for schizophrenia. That is a market that is estimated to grow to more than $7 billion in just four years. Right now, the stock is down over 10% this year alone and 20% year-over-year. Investors should buy while the stock is down.

2. AMN Healthcare Services (NYSE:AMN)

is a medical care facilities company. It supplies healthcare workers, including nurses and industry professionals, on a temporary basis. It experienced huge success from high healthcare worker demand when there was a worker shortage. For those investors who are looking for high-risk, high-reward healthcare stocks, AMN should be on their radar.

The company’s recent earnings reports look very promising. In Q2 2024, AMN reported earnings per share (EPS) of 98 cents, beating analyst’s estimates by almost 20 cents. This was the fourth consecutive quarter that AMN Healthcare Services beat the earnings estimate. Furthermore, AMN trades at 13.64 times forward price to earnings ratio, which is lower than the majority of its competitors in the market. Before it bounces back to its peak price from 2022, investors should buy the stock.

3. Rapport Therapeutics (NASDAQ:RAPP),

a biotech company that is backed by Johnson & Johnson (NYSE:JNJ). The company went public on June 7th of this year, and it raised $154 million in initial public offering. The stock price ended up to over $20 on the first day it went public, and as of writing, it goes for $19.05. While there is still lots to learn about the company as it is new to the market, there are certainly things that will attract many investors.

Rapport Therapists is currently developing a focal epilepsy drug. The phase two trials should begin in the next few months, which means that there is going to be exciting news for the biotech startup for the upcoming years. This is especially exciting considering that in the U.S. alone, there are more than three million adult epilepsy patients, which means that it is a sizable market with room to explore.”

End quotes.

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The 2024 Humankind 100 List

This next article is a company ranking I watch every year as its methodology is fascinating. It’s the Humankind 100 List and the 2024 edition has just been published. I found it on businesswire.com. Here are some quotes.

“As the challenges of creating transparency around Environmental, Social and Governance (ESG) data and rankings become increasingly apparent, Humankind developed a holistic, quantitative way to calculate impact in terms of human benefit versus human suffering…

This year, Alphabet (GOOGL)… scored highest in the ranking. The positive value of creating free digital tools for consumers outweighs the negative impact of factors like data harvesting in Humankind’s analysis.

Other companies rounding out the top 10 include: Eli Lilly & Co. (LLY), Johnson & Johnson (JNJ), AbbVie Inc. (ABBV), Merck & Co. (MRK), Procter & Gamble (PG), Pfizer (PFE), Amgen (AMGN), Microsoft Corp (MSFT), and Bristol-Myers Squibb (BMY). The complete rankings… can be found at rankings.humankind.co.”

End quotes.

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Finally, here’s one other article that will interest some of you. It’s titled Bank of New York Mellon a Top Socially Responsible Dividend Stock With 2.9% Yield. It’s by BNK Invest and found on Nasdaq.com.

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Ending Comment

Well, these are my top news stories with their stock and fund tips for this podcast titled: “Top Food and Healthcare stocks. And more…”

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

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

Contact me if you have any questions.

Thank you for listening.

Now my next podcast will be September 6th.

I’ll talk to you then!

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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Great High-Yielding ESG Stocks, Plus…
25 jul· Ethical & Sustainable Investing News to Profit By!
The next podcast – after this one – is August 23rd. This episode covers great high-yielding ESG stocks and funds related to renewable energy, plus…

By Ron Robins, MBA

Hello, Ron Robins here. Just a quick note before I start. I’m taking some time off so my next podcast – after this one – will be on August 23rd.

So, welcome to this podcast episode 135 titled “Great High-Yielding ESG Stocks, Plus…” 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 at investingforthesoul.com/podcasts.

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

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

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5 High-Yielding Global Renewable Energy Stocks
Besides capital gains, many of you also want income from your ethical investments. So, this article should interest you. It’s titled 5 High-Yielding Global Renewable Energy Stocks and it’s by Quinn Rennell and published on morningstar.com. Here are some points from the article. However, much more information is quoted on this episode's webpage. Quote.

“For this article, we looked at the Morningstar Global Markets Renewable Energy Index… We screened for stocks covered by Morningstar analysts and then sorted them by forward dividend yield to find the five with the highest payouts. All these stocks are undervalued, carrying Morningstar Ratings of 4 or 5 stars.

Top-Yielding Global Renewable Energy Stocks Data as of 7/12/2024.

Here’s a closer look at the five stocks:
1. Proximus PROX Fair Value Estimate: EUR 10.50 Price/Fair Value: 0.73 Morningstar Uncertainty Rating: Medium Economic Moat: Narrow
With a forward dividend yield of 18.23%, this Belgian telecom operator tops our list. Proximus’ stock is down 1.53% this year. Over the last 12 months, it is up 21.14%.
2. Vodafone Group VOD Fair Value Estimate: GBP 1.25 Price/Fair Value: 0.57 Morningstar Uncertainty Rating: Medium Economic Moat: None
European telecom giant Vodafone has the second-highest forward dividend yield in the index, at 10.76%. Vodafone’s stock is up 9.47% in the year to date and 11.16% in the last 12 months.”
3. Engie ENGI Fair Value Estimate: EUR 18.00 Price/Fair Value: 0.79 Morningstar Uncertainty Rating: Medium Economic Moat: None
Engie is a global energy firm that operates Europe’s largest gas pipeline network in France and a global fleet of conventional and renewable power plants. The stock yields 10.1%. The shares are down 2.06% in the year to date but up 4.50% over the last 12 months.
4. Volkswagen VOW3 Fair Value Estimate: EUR 352.00 Price/Fair Value: 0.3 Morningstar Uncertainty Rating: High Economic Moat: None
German auto giant Volkswagen has a forward dividend yield of 8.46%. Its stock has risen 3.94% in the year to date. Over the last 12 months, its stock has fallen 5.32%.”
5. Mercedes-Benz Group MBG Fair Value Estimate: EUR 117.00 Price/Fair Value: 0.55 Morningstar Uncertainty Rating: High Economic Moat: Narrow
Rounding out our list is another German auto giant, Mercedes-Benz, with a forward yield of 8.28%. Its stock is up 10.79% so far this year. Over the last 12 months, its stock is down 4.26%.”

End quotes.

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3 Sustainable Investing ETFs for Eco-Conscious Investors
This next article will likely interest most investors. It’s titled 3 Sustainable Investing ETFs for Eco-Conscious Investors and it’s by Shweta Kumari. It was seen on stocknews.com. Here are some quotes.
“1. American Century Sustainable Growth ETF (ESGY - Get Rating)
This fund targets the U.S. public equity markets, focusing on companies across various sectors, including growth and value stocks of large-cap companies, specifically those within the market capitalization range of the Russell 1000 Growth Index. American Century Sustainable Growth ETF emphasizes investing in socially conscious businesses that actively promote environmental responsibility.

The fund has $19.70 million in assets under management (AUM)… American Century Sustainable Growth ETF has an expense ratio of 0.39%, compared to the category average of 0.37%... The fund pays an annual dividend of $0.16, translating to a 0.28% yield at the prevailing price level…

The ETF’s overall A rating equates to a Strong Buy in our proprietary rating system…
2. Nuveen Winslow Large-Cap Growth ESG ETF (NWLG - Get Rating)
The fund invests at least 80% of its net assets in equity securities of U.S. companies with market capitalizations exceeding $4 billion at the time of purchase. It focuses on companies that exhibit sustainable environmental, social, and governance (ESG) characteristics…

The fund has an expense ratio of 0.65%...

Nuveen Winslow Large-Cap Growth ESG ETF has gained 34.7% over the past year and 20.9% over the past six months…

It has an overall rating of B, which equates to Buy in our proprietary rating system.
3. Ishares ESG Aware MSCI USA Growth ETF (EGUS - Get Rating)
It invests in growth stocks of socially conscious companies promoting environmental responsibility and aims to track an index of U.S. large- and mid-cap equities with positive ESG characteristics…

The ETF’s expense ratio is 0.18%...

The fund pays an annual dividend of $0.11, which translates to a 0.27% yield at the current price level…

Ishares ESG Aware MSCI USA Growth ETF has gained 34.9% over the past nine months and 30.9% over the past year…

The fund has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.”

End quotes

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7 Best Green Mutual Funds to Fight Climate Change
This next article features some green US mutual funds. It’s titled 7 Best Green Mutual Funds to Fight Climate Change and is by Jeff Reeves and reviewed by John Divine. It’s found on money.usnews.com. Here are some brief highlights on each of the picks from the article.
“1. Parnassus Core Equity Fund (PRBLX) Assets under management: $30.1 billion Expense ratio: 0.82% Minimum investment: $2,000
The Parnassus Core Equity Fund is the leader among green mutual funds when it comes to assets under management. That said, it's not perfect or particularly flashy. It… is designed to be a core large-cap fund as much as a green mutual fund. That said, investment manager Parnassus has made a name for itself by linking traditional fundamental analysis with an overlay of environmental, social and governance (ESG) factors…

Parnassus Core Equity Fund is well established with the largest asset tally of this group, making it a logical starting place for many investors.
2. Calvert Equity Fund (CSIEX) Assets under management: $6.8 billion Expense ratio: 0.91% Minimum investment: $1,000
Calvert is an investment adviser that prioritizes ESG in its approach, with a 40-year track record of ‘responsible’ investing that takes into account sustainability and environmental factors, among other criteria… The fund is not designed to hold solar stocks or wind turbine manufacturers but rather large-cap domestic stocks that rank highly for their internal programs such as purchasing carbon offsets or building LEED-certified headquarters. Still, if you want to look beyond conventional index funds, then [this fund] is a good green mutual fund to consider.
3. Putnam Sustainable Leaders Fund (PNOPX) Assets under management: $6.6 billion Expense ratio: 0.92% Minimum investment: None
This Putnam offering is another of the largest and most respected sustainable investing options out there. It's also a focused… as it ‘invests in companies that have demonstrated leadership in key sustainability issues that are financially material to their business context,’ according to official documentation from its manager Franklin Templeton. One notable downside that investors should consider before buying in: There are some high front-end costs associated with [the fund], which has a maximum initial charge of 5.75%.
4. Amana Growth Fund (AMAGX) Assets under management: $2.8 billion Expense ratio: 0.91% Minimum investment: $100
Very accessible with just a $100 minimum investment, this Amana Growth fund from Saturna Capital is incredibly unique in that it bills itself as ‘halal’ – or fitting the religious requirements of Islam… That means you won't find businesses that focus on alcohol, pornography or gambling. And interestingly enough, you won't find a penny in finance because strict Islamic law prohibits demanding interest on loans.
5. Fidelity U.S. Sustainability Index Fund (FITLX) Assets under management: $4.2 billion Expense ratio: 0.11% Minimum investment: None
A cost-effective option, Fidelity U.S. Sustainability Index Fund… is a sustainability-focused mutual fund that charges just a fraction of what the other funds on this list charge. It is also the most wide-ranging of the green mutual funds so far, with 285 total stocks in its portfolio. That doesn't mean it's all that more diversified, however, as it is weighted by size – so mega-cap stocks like Microsoft (MSFT) and Nvidia Corp. (NVDA) dominate the portfolio.
6. Calvert Small-Cap Fund (CCVAX) Assets under management: $2.9 billion Expense ratio: 1.19% Minimum investment: $1,000
Calvert Small-Cap Fund is definitely the most expensive fund on this list from an annual fee perspective. That's in part because mutual funds generally have higher costs than their exchange-traded cousins, but it's also because this is a boutique offering with an active approach.
7. Parnassus Mid Cap Fund (PARMX) Assets under management: $3 billion Expense ratio: 0.96% Minimum investment: $2,000
With a focus on mid-sized corporations and an average market value of about $30 billion, this investment vehicle offers a way to invest sustainably in established firms but not necessarily duplicate positions you might own in a traditional large-cap fund.

End quotes.

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3 Renewable Energy Stocks to Buy at 52-Week Lows in July
As we know renewable energy stocks are frequently having a rough time this year. However, buying low and selling high is generally the best approach when buying investments. So, for those of you who favor this approach and are interested in renewable energy stocks, this article is for you. It’s titled 3 Renewable Energy Stocks to Buy at 52-Week Lows in July by InvestorPlace and seen on markets.businessinsider.com. Here are some quotes.

“While buying stocks that are at their 52-week lows is risky, on the other hand, it could present a massive upside opportunity. Thus, it is important for investors to understand exactly why the stock is down before jumping into buying. For investors looking for cheap green energy, below are the three best renewable energy stocks to buy at an all-time low in July.
1. Plug Power (NASDAQ:PLUG)
specializes in hydrogen fuel systems which are used to replace traditional batteries powered by electricity…

Currently, its stock price is almost at an all time low – it dipped to $3.07 per share compared to $12.76 per share just a year ago…

The company recently finished deploying 13 hydrogen refueling stations (HRS) in Europe, making Plug Power the largest owner of hydrogen refueling stations with over 250 stations globally.
2. Array Technologies (NASDAQ: ARRY)
The stock is down -41.14% year to date…

As the largest solar tracker company globally, Array Technologies offers various services including the DuraTrack system, which is a single-axis tracker technology that helps maximize PV panel energy production.

Recently, Citigroup upgraded the average one-year price target for Array Technologies to $19.52 per share…
3. Shoals (NASDAQ:SHLS)
is the largest provider of electrical balance of systems (EBOS) solutions for utility-scale solar…

Even though Shoals stock is down more than 70% year over year as of writing, Shoals has reasons to make investors feel confident about buying [it].”

End quotes.

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Other Honorable Mentions – not in any order.

1) Title: 5 Alternative Energy Stocks to Buy Amid Solid Industry Rally on finance.yahoo.com. By Nalak Das.

2) Title: Top 20 Halal Stocks to Invest In on discoveroptions.com. By Gloria.

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Ending Comment
Well, these are my top news stories with their stock and fund tips for this podcast titled: “Great High-Yielding ESG Stocks, Plus…”

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

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

Contact me if you have any questions.

Thank you for listening.

Now I’m taking some time off so my next podcast will be August 23rd.

I’ll talk to you then!

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Renewable Energy Stock Picks -- and More
12 jul· Ethical & Sustainable Investing News to Profit By!
Renewable Energy Stock Picks -- and More, covers investments in renewable energy, Canadian sustainable companies, water investments, women’s empowerment, plus…

By Ron Robins, MBA

Transcript & Links, Episode 134, July 12, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 134 titled “Renewable Energy Stock Picks -- and More.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

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

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

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 3 article links below that time didn’t allow for me to cover here.

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These 50 Canadian corporations are betting big on green

Now nearly all the articles covered in this episode relate to renewable energy investments – except this one. Though it’s about Canadian companies, many of them will be of interest to ethical investors globally. Hence, I’m beginning with it and it’s titled These 50 Canadian corporations are betting big on green. The editorial is by Rick Spence and appears on corporateknights.com.

“Now in its 23rd year, the Best 50 helps track how Canadian businesses are meeting the low-carbon and green-transition challenge – as well as where they’re getting stuck in the process…

The companies that made the Best 50 are mostly corporations with more than $1 billion in annual revenues, as well as Crown corporations, large co-ops and members of the S&P/TSX Renewable Energy and Clean Technology Index. What sets them apart is their commitment to doing business differently – they’re companies that derive significant revenue from greener products and services, invest in increasingly sustainable projects, and prioritize equity in their operations.

Crucially, the companies’ average sustainable investment (as a percentage of total investment) hit 58.9% this year, up 9% over last year’s 49.7% – that’s compared to just 8.4% for the average large Canadian corporation.”

End quotes.

Among the top public companies on the list are Brookfield Renewable Partners LP (NYSE:BEP), Wheaton Precious Metals Corp. (WPM), Cascades Inc. (CAS.TO), and BCE Inc. (BCE.TO).

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1) Renewable Energy Stock Picks -- and More

So, back to the renewable energy sector with this first article titled 3 Best Renewable Energy Stocks to Buy in July 2024, According to Analysts. It’s by Sheryl Sheth and seen on nasdaq.com. Here are some of her comments.

“1 Fluence Energy (NASDAQ:FLNC)

is engaged in empowering the global clean energy transition by providing energy storage solutions. The company also offers cloud-based software solutions for renewables and energy storage. Importantly, Fluence Energy has the backing of two industry-leading companies, Siemens (DE:SIE) and AES Corp. (NYSE:AES)…

On TipRanks, Fluence Energy stock has a Strong Buy consensus rating based on 12 Buys and three Hold recommendations. The average Fluence Energy price target of $30.21 implies an impressive 83.9% upside potential from current levels. Meanwhile, Fluence Energy shares have plunged 31.1% so far in 2024.

2. ReNew Energy Global (NASDAQ:RNW)

India-based ReNew Energy Global is one of the largest renewable companies in the world, with a clean energy portfolio of roughly 15.6GW (gigawatts) on a gross basis as of May 31. The company provides innovative and sustainable decarbonization solutions for corporates. Plus, it engages in the production of wind, solar, and hydropower and manufactures solar PV (photovoltaic) cells…

With six unanimous Buy ratings, ReNew Energy Global stock commands a Strong Buy consensus rating on TipRanks. The average ReNew Energy Global price target of $8.82 implies 45.1% upside potential from current levels. Year-to-date, ReNew Energy Global shares have lost 19.5%.

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

claims to own one of the largest renewable energy portfolios in the U.S. The company has approximately 6,200 net MW (megawatts) of installed wind, solar, and battery energy storage systems. Plus, it owns another 2,500 net MW of environmentally-sound, highly efficient natural gas generation facilities. The company believes in rewarding shareholders with generous dividend payments…

With six Buys and one Hold rating, Clearway Energy stock has a Strong Buy consensus rating on TipRanks. The average Clearway Energy Class C price target of $31 implies 27.6% upside potential from current levels. Clearway Energy shares have declined 8.4% so far in 2024.”

End quotes.

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2) Renewable Energy Stock Picks – and More

Also, related to renewable energy is this article titled 3 ESG Funds to Buy As Sustainable Investing Gathers Steam. It’s by Zacks Equity Research and found at au.sports.yahoo.com. Here are some comments on their picks from the Zack’s analysts.

“All of these funds carry a Zacks Mutual Fund Rank #2 (Buy). In addition, the minimum initial investment for these funds is within $5,000.

We expect these funds to outperform their peers in the future… Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance but also on the likely future success of the fund.

1. Fidelity Select Environment and Alternative Energy Portfolio (FSLEX)

The fund invests… in securities of companies mostly engaged in activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies or other environmental support services. The non-diversified fund invests in U.S. and non-U.S. issuers alike…

Fidelity Select Environment and Alternative Energy Portfolio has an annual expense ratio of 0.85%, which is below the category average of 1.09%. It has returned 4.9% over the past five years.

2. Parnassus Core Equity Fund - Investor Shares (PRBLX)

aims for capital growth and current income through its investments… (It)… invests in large-capitalization companies in the United States that have long-term competitive advantages and relevancy, quality management teams and positive performance in the ESG criteria…

Parnassus Core Equity Fund - Investor Shares has an annual expense ratio of 0.86%, which is below the category average of 0.93%. It has returned 9.1% over the past five years.

3. TIAA-CREF Core Impact Bond Fund Retail Class (TSBRX)

The fund invests (most of) … its assets in bonds. TIAA-CREF Core Impact Bond Fund Retail Class gives particular consideration to environmental, social and governance criteria…

TIAA-CREF Core Impact Bond Fund Retail Class has an annual expense ratio of 0.65%, which is below the category average of 0.80%. It has returned 3.2% over the past five years.”

End quotes.

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3) Renewable Energy Stock Picks -- and More

And here is my next renewable energy article. It’s titled The 3 Smartest Renewable Energy Stocks to Buy With $500 Right Now and is by Rich Duprey and found on investorplace.com. Now some brief quotes from Mr. Duprey on each of his picks.

1. NextEra Energy (NYSE:NEE)

is the first renewable energy stock that investors should consider buying. It is the world’s largest generator of renewable energy from the wind and sun and a top-tier stock in battery storage. At the end of 2023, NextEra had approximately 72 gigawatts (GW) of total capacity in its portfolio. Of that amount, half or 36 GW came from renewables, some 70% more than its nearest competitor with wind power represented as two-thirds of the total renewable capacity…

NextEra Energy will be one of the top renewable energy stocks to buy that leads the way.

2. Brookfield Renewable Partners (NYSE:BEP)

is the leading provider of hydropower in the country. It operates as one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions.

Yet where 85% of Brookfield’s portfolio was once hydropower generation, today it stands at about 50% as the company grew through mergers and acquisitions…

Although it primarily has projects in North America and Latin America, more recently as the Neoen acquisition shows, it is expanding more towards Europe and Asia.

Brookfield Renewable Partners is a renewable energy stock to buy because of its hydro sector dominance that cannot be easily, or readily, replicated.

3. First Solar (NASDAQ:FSLR)

is the world’s leading manufacturer of thin-film solar panel technology and a pure-play in the solar panel space. It focuses on the U.S. and Indian markets where the greatest booking potential lays, particularly in the domestic utility-scale market…

First Solar has built a solid financial foundation and a strong balance sheet to weather future storms. Its thin-film cadmium telluride technology is distinctive in the industry that benefits from its simple manufacturing process.

First Solar should also benefit from the Biden administration’s protectionist trade policies. It recently imposed high-import barriers on cheaper Chinese panels.”

End quotes.

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4) Renewable Energy Stock Picks -- and More

This last article takes us away from renewable energy. It’s titled 6 impact investing firms and funds that are top picks from U.S. News. The article’s authors are staff at equities.com. Now some brief quotes from the article.

“Impact investing firms

1. Eaton Vance Corp. (EV)

When this investment management firm bought Calvert Investment Management in 2016, it acquired a company that’s been involved in responsible investing for years. It launched an ESG bond portfolio in 1987 and a non-U.S. ESG portfolio in 1992. In 1995, it debuted Calvert Impact Capital. Now, Calvert Impact offers notes targeting community investment, carbon reduction and a more inclusive banking system. It also offers several small business recovery funds.

2. Impax Asset Management Group PLC. (IPXAF)

This is another firm that grew its impact investing offerings through an acquisition. In 2017, it announced that it would buy Pax World Management. Impax has worked with the World Bank to structure an impact bond to finance 300,000 water purifiers for schools and other institutions in Vietnam…

3. Trillium Asset Management.

This ESG-focused fund provider offers impact investing strategies targeting sustainable agriculture, low-income housing, job creation and retention, Native American community development, financial services that help people avoid predatory payday lenders, environmental sustainability, development of domestic and international communities and child care. It typically directs investments to nonprofit loan funds or development banks and credit unions targeting historically underserved sections of society.

Impact investing funds

1. First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN)

This alternative energy fund tracks an index of securities issued by companies involved in advanced materials, energy intelligence, renewable electricity generation and renewable fuels, and energy storage and conversion. The $702 million fund has an expense ratio of 0.59%, or $59 per year for every $10,000 invested. It also paid a 30-day SEC yield of 1.2% as of the end of May. (It)… is up more than 60% over the past five years, though the last few years have been rough going for the fund.

2. Invesco Water Resources ETF (PHO)

This ETF tracks an index of companies involved in the conservation and purification of water for homes, businesses and industries. Most of its holdings focused on resource security and basic needs, with a smaller percentage allocated to climate action. The $2.1 billion fund has an expense ratio of 0.6% and is up more than 80% over the past five years.

3. YWCA Women’s Empowerment ETF (WOMN)

This fund hits on a theme that is big in the impact investing community: women’s empowerment. (It)… tracks an index of companies that ‘have strong policies and practices in support of women’s empowerment and gender equality,’ the fund’s website says. Impact Shares donates all the net advisory profits from (the fund) to the YWCA. The $56 million ETF has an expense ratio of 0.75% and is up more than 74% over the past five years, beating its category average.”

End quotes.

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Honorable Mentions that time didn’t allow me to cover here

1. Title: 7 Investments That Make You Feel Good While You Make Money on aol.com. By Laura Bogart.

2. Title: Top 10: Climate Tech Unicorns on sustainabilitymag.com. By Marcus Law.

Honorable Mentions From the UK

1. Title: Top 10 most-purchased ETFs in June 2024 on ii.co.uk. By Sam Benstead.

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Ending Comment

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

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

I’ll talk to you next on July 26th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Best Vegan and Climate Tech Stocks
28 jun· Ethical & Sustainable Investing News to Profit By!
Stocks covered include those related to renewable energy, vegan foods, climate tech, and more.

By Ron Robins, MBA

Transcript & Links, Episode 133, June 28, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 133 titled “Best Vegan and Climate Tech Stocks.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

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

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

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 2 article links below from the UK.

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The 3 Best Vegan Stocks to Buy in June 2024

Many ethical investors are vegan or vegetarian. And their ranks are growing. So, this first article will interest them – but also numerous other investors. It’s titled The 3 Best Vegan Stocks to Buy in June 2024. It’s by Muslim Farooque and seen on investorplace.com. Here are some quotes from the article.

“Their market leadership and recent fundamental achievements highlight their potential for long-term growth and rewarding shareholder returns.

1. Laird Superfood (NYSEAMERICAN:LSF)

has effectively carved a niche in the burgeoning plant-based food industry, serving a variety of natural and functional products from coffee creamers to beverage-enhancing supplements. Its diverse product lineup appeals to a range of customers, from turmeric coffee creamers to performance-enhancing mushrooms.

2. Vita Coco (NASDAQ:COCO)

is another top vegan play, and it’s easily the best pick from the list… it dominates the coconut water market with a 50% market share, offering a unique proposition from mainstream competitive sports and energy drinks. Also, it’s a hit with health-conscious consumers and athletes providing a laundry list of post-exercise recovery benefits.

3. Calavo Growers (NASDAQ:CVGW)

distributes avocados and other perishable plant-based foods. Focusing on global retail grocery and food service customers, the company efficiently capitalizes on the increasing shift toward vegan-friendly food options.

To be fair, it hasn’t been the most rewarding of vegan stocks, but recent results suggest it’s turning a corner.”

End quotes.

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5 Renewable Energy Stocks With a High Yield

This next article is back to investors’ favorite sector. It’s titled 5 Renewable Energy Stocks With a High Yield. It’s by Liz Angeles and found on Morningstar.com. Now some quotes from Ms. Angeles.

“We located five stocks included in the Morningstar North America Renewable Energy Index that provide attractive dividend yields and range from fairly valued to significantly undervalued.

A ratio above 1.00 is considered overvalued, and a ratio below 1.00 is undervalued.

Dividend Yields and Valuation Ratios for 5 US Renewable Energy Stocks

Source: Morningstar Direct. As of May 30, 2024.

1. Avangrid Inc

Fair Value Estimate: $35.75

Morningstar Rating: 3 stars

Morningstar Uncertainty Rating: Medium

Morningstar Capital Allocation Rating: Standard

Industry: Utilities—Regulated Electric

Avangrid’s renewable energy development subsidiary is one of the largest developers of renewable energy projects in the United States. It owns over 8.6 gigawatts of wind and solar energy capacity across the US.

2. Eversource Energy 

Fair Value Estimate: $73

Morningstar Rating: 4 stars

Morningstar Uncertainty Rating: Low

Morningstar Capital Allocation Rating: Standard

Industry: Utilities—Regulated Electric

Eversource Energy is one of the largest utilities in the US Northeast after its 2012 merger with NStar, 2017 acquisition of Aquarion, and 2020 acquisition of Columbia Gas.

3. Evergy

Fair Value Estimate: $65

Morningstar Rating: 4 stars

Morningstar Uncertainty Rating: Low

Capital Allocation Rating: Standard

Industry: Utilities—Regulated Electric

Evergy formed in June 2018 when Great Plains Energy of Kansas City, Missouri, and Westar Energy of Topeka, Kansas, merged. ‘With the integration complete and a new management team in place, Evergy is working to improve historically challenging regulation and invest in clean energy,’ writes Morningstar’s Miller.

4. OGE Energy

Fair Value Estimate: $38

Morningstar Rating: 3 stars

Morningstar Uncertainty Rating: Low

Morningstar Capital Allocation Rating: Standard

Industry: Utilities—Regulated Electric

OGE operates Oklahoma Gas & Electric and serves customers in Oklahoma and Arkansas.

5. Gilead Sciences 

Fair Value Estimate: $97

Morningstar Rating: 5 stars

Morningstar Uncertainty Rating: Medium

Capital Allocation Rating: Standard

Industry: Drug Manufacturers—General

Gilead has committed to obtaining all the electricity used in its operations from renewable sources by 2025. As of 2022, 62% of its global electricity needs were met by renewable sources, including on-site generation from solar arrays.”

End quotes

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5 stocks with high sustainability ratings that are also market darlings

Continuing with the renewable energy theme is this article titled 5 stocks with high sustainability ratings that are also market darlings. It’s by Faizan Farooque and seen on equities.com. Now some quotes from Mr. Farooque.

“1. NextEra Energy NEE

generates the most North American wind and solar energy. The corporation has invested considerably in renewable energy and intends to cut carbon emissions in 10 years and eliminate all Scope 1 and Scope 2 carbon emissions…

Future prospects are good for NextEra Energy, as earnings are expected to rise 8.24% to $3.68 per share next year. The company will benefit from the transition to sustainable practices and renewable energy sources, boosting its ESG credentials and long-term profitability.

2. Tesla TSLA

Tesla’s main goal is to make greener electric cars… For a circular economy, Tesla recycles batteries and vehicle parts… To minimize fossil fuel usage and promote sustainable energy, Tesla invests heavily in solar panels and battery storage. All plants at Gigafactory Berlin and others are now carbon neutral…

In the fourth quarter of last year, Tesla dominated the EV industry with 161,385 sales, up 23% from the year before. As an ESG investment, Tesla more than makes up for boardroom losses with strong potential having sold 51% of BEVs in Q4, up 1% from the third quarter.

3. Unilever UL

aims to achieve net-zero emissions by 2039… including a 100% reduction in all greenhouse gas emissions and a significant percentage reduction in Scope 3 emissions, which include emissions from land use, manufacturing and energy usage…

Unilever has initiated a $1.5 billion share buyback scheme, with an initial tranche of $850 million. This indicates that they wish to give the owners their money back and think the business is financially sound… Unilever distinguishes out from other firms in the consumer cyclical category with a 3.3% yield and a forward payout ratio of 57%, giving it enough opportunity to grow its dividend in the future.

4. Microsoft MSFT

is working to increase carbon-free electricity, reduce emissions and improve biodiversity, according to its 2024 Environmental Sustainability Report. Contracted renewable energy and carbon reduction projects exceed 19.8 gigawatts. Data center growth and materials have increased Scope 3 emissions.

There are numerous ESG features in Microsoft Cloud for Sustainability… They’re also improving emissions data management for all three scopes and providing tools for more accurate reporting and calculations.

5. Cisco Systems CSCO

ESG programs demonstrate their commitment to environmental and social responsibility… Several major rating agencies have granted Cisco strong ESG rankings. Cisco has a 12.4 Sustainalytics ESG risk score, indicating good performance. MSCI rates Cisco AA, indicating a market leader, while Refinitiv rates it 85, indicating greatness.

Cisco aims to be carbon-neutral by 2040.”

End quotes.

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5 Climate Tech Companies to Watch in 2024

Now something a little unusual with this article titled 5 Climate Tech Companies to Watch in 2024. It’s by Jake Smiths and found at msn.com. However, only 2 of the 5 companies are public, so they are the ones covered here.

“1. Dotz (ASX:DTZ)

a leading nanotechnology company traded on the Australian Stock Exchange (ASX), is at the forefront of innovation in carbon-based nanotechnologies. The company is dedicated to developing cutting-edge climate and industrial nano-technologies, with a primary focus on pioneering carbon dioxide (CO2) management solutions, guiding us towards a carbon-neutral future.

Central to Dotz's efforts is DOTZ EARTH, a revolutionary CO2 capture carbon-based sorbent technology specifically crafted for industrial decarbonization. DOTZ EARTH effectively addresses two pressing environmental challenges: industrial carbon emissions and plastic pollution. This groundbreaking technology ingeniously utilizes plastic waste as its primary raw material for creating a solid sorbent, facilitating CO2 capture and storage and marking a significant contribution to the global fight against climate change.

2. NuScale Power (NYSE:SMR)

has introduced a groundbreaking nuclear power plant that surpasses the large gigawatt nuclear facilities of the past in terms of intelligence, safety, cleanliness, and cost competitiveness. They specialize in developing and commercializing small modular reactors (SMRs).

At the core of the NuScale power plant is the NuScale Power Module™ (NPM), an SMR that consolidates traditional components—the reactor vessel, steam generator, pressurizer, and containment—into a single, simplified, and fully factory-fabricated unit. Each NPM has the capacity to generate 77 megawatts of electricity (MWe), and a NuScale plant can accommodate up to 12 NPMs, totaling 924 MWe (gross). This scalability, a distinctive feature of NuScale, enables the customization of facility output to align with demand and project economics.”

End quotes.

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5 Undervalued Stocks From Morningstar’s New LGBTQ+ Index

Pleasing ethical investors in the LGBTQ+ community will be this information in an article titled 5 Undervalued Stocks From Morningstar’s New LGBTQ+ Index. Its author is Quinn Rennell and is seen on morningstar.com. Here is some of what he has to say.

“The Index's 5 Cheapest Constituents Based on Price/Fair Value. Source: Morningstar. Data as of June 7, 2024

1. General Motors GM
Fair Value Estimate: $84
The Detroit-based auto giant scores a perfect 7 on ExecuPride’s assessment for its LGBTQ+ inclusivity… GM’s stock was up 27.99% for the year to date as of June 7, 2024, and it is currently trading around $45 with a Morningstar Uncertainty Rating of High. This gives the stock a 5-star Morningstar Rating and the best value within the Morningstar Developed Markets LGBTQ+ Leaders Index.

2. Mercedes-Benz Group MBG
Fair Value Estimate: EUR 117
The Stuttgart-based auto giant also scores a perfect 7 on ExecuPride’s assessment for its LGBTQ+ inclusivity. Like GM, it also trades at a steep discount, with a 0.56 price/fair value ratio as of June 7… Mercedes-Benz’s stock is up 12.16% on the year so far. Mercedes-Benz has a 5-star rating with a narrow Morningstar Economic Moat Rating.

Morningstar analyst Krzysztof Smalec writes that Mercedes-Benz ‘reported disappointing first-quarter earnings.’

3. Woodside Energy WDS
Fair Value Estimate: (Australian dollars) AUD 45 Industry: Oil and Gas Exploration and Production
Woodside scores a 4 out of 7 on ExecuPride’s LGBTQ+ assessment, one of the highest in the energy sector. Woodside’s stock is down 9.69% year to date. This stock receives a 5-star rating.

4. Roche ROG
Fair Value Estimate: CHF 379 Industry: Drug Manufacturers—General
The Swiss biopharmaceutical and diagnostic giant scores 4 out of 7 on ExecuPride’s assessment for its LGBTQ+ inclusivity. Roche’s stock was up 3.32% for the year as of June 7. Roche has a wide economic moat, a price/fair value ratio of 0.64, and a 5-star rating.

5. Bristol-Myers Squibb BMY
Fair Value Estimate: $63 Industry: Drug Manufacturers—General
Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. Bristol-Myers Squibb scores a 7 on ExecuPride’s assessment for its LGBTQ+ inclusivity. Its stock is down 17.27% for the year so far.”

End quotes.

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Honorable Mentions From the UK

1. Title: Best Performing Sustainable Funds in 2024 on morningstar.co.uk. By Sunniva Kolostyak.

2. Title: The ESG funds making a comeback – on investorschronicle.co.uk. By Dan Jones.

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Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Best Vegan and Climate Tech Stocks.”

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on July 12th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Podcast: Renewable Energy and Sustainable Bank Stock Buys
14 jun· Ethical & Sustainable Investing News to Profit By!
Podcast: Renewable Energy and Sustainable Bank Stock Buys include articles “The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028” and “Top 10: Sustainable Banks” from sustainabilitymag.com, and more.

By Ron Robins, MBA

Transcript & Links, Episode 132, June 14, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 132 titled “Renewable Energy and Sustainable Bank Stock Buys.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources.

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

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

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

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The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028
As we approach the summer holiday period the number of suitable articles for this podcast usually declines. And that’s what’s beginning to happen now. However, there are still some great articles worth covering for you.

I’m going to start with this one titled The Top 3 Renewable Energy Stocks Targeting 50% Upside by 2028. It’s by Terel Miles and found on msn.com. Here’s some of what Mr. Miles says about his picks.
“1. First Solar (NASDAQ:FSLR)
The company has skyrocketed more than 60% year to date, and it is just getting started.

First Solar’s expertise spans the entire solar value chain, from module manufacturing to project development and energy services. Moreover, artificial intelligence is set to boost demand for solar and energy storage solutions in data centers. In Q1 FY24, revenue increased 45% year-over-year (YOY) to $794 million. Earnings per share (EPS) skyrocketed 456% YOY to $2.20 per share, with gross margins up sequentially. As the company ramps up manufacturing capacity in 2024, First Solar stock should certainly be kept on your radar.
2. NextEra Energy (NYSE:NEE)
As the world’s largest producer of wind and solar energy, NextEra is at the forefront of the clean energy transition.

NextEra Energy’s focus on innovation coupled with its strong financial performance, position it as a reliable investment choice… In the 2023 fiscal year…. revenue swelled 34% YOY to $28.11 billion, with EPS up 71% to $3.60 per share. They delivered extremely impressive results, amid inflation and higher interest rates. Its backlog also remains robust, as the company’s subsidiaries, FPL & NextEra Energy Resources, deliver best in class services… Management has forecast 10% dividend growth through 2026. This makes NextEra Energy’s stock one of the best renewable energy stocks to buy now.
3. ON Semiconductor (NASDAQ:ON)
is a global leader in power management and sensing solutions, playing a critical role in the advancement of renewable energy technologies. The company’s products are essential components in various renewable energy applications, from solar inverters, to electric vehicles and energy storage systems.

ON Semiconductor is having a tough year in 2024. It is still up against the slump in the EV market, as well as the broader slowdown in renewable energy projects. However, this is only temporary, and they have an exciting long term growth trajectory ahead. ON Semi’s powerful silicon carbide (SiC) platform appeals to a wide variety of industries. This includes automation, industrial, healthcare, and aerospace.

ON Semi is laying the foundation for accelerated growth over the next decade.”

End quotes.

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These Alternative Energy Stocks Are Poised for Takeoff
Continuing on this renewable energy theme is this second article titled These Alternative Energy Stocks Are Poised for Takeoff. It’s by Michael Lebowitz. It appeared on investing.com and offers his assessments of companies engaged in many aspects of the alternative energy sector. Here are some quotes from him.
“1. Battery Diversification May Be Critical
Global X Lithium & Battery Tech ETF (NYSE:LIT) is far and away the largest (of this sector’s etfs), with nearly $1.5 billion AUM. While it invests in companies with new battery technology, it also ‘invests in the full lithium cycle, from mining and refining the metal, through battery production.’ Its top three holdings are lithium producers.

Amplify Lithium & Battery Technology ETF (NYSE:BATT) is the second largest ETF with a mere $89 million in AUM. Like Global X Lithium & Battery Tech ETF, they invest in lithium producers like BHP (BHP) and Albemarle (NYSE:ALB).

If you want to make investments in individual companies, Tesla (NASDAQ:TSLA) (battery technologies), LG Chem (051910.KS) and Samsung SDI (006400.KS) are well-positioned in the industry.
2. Lithium Miners
Assuming lithium remains a crucial component in electricity storage batteries, its miners should do well, especially given the recent decline in lithium prices and the related stocks.

Albemarle (ALB) is the world’s top lithium producer and the largest producer by market cap. It is the only lithium producer of size based in the US. Like the rest of the alternative energy sector, its stock has traded poorly recently. However, with a forward P/E of 16, there is value if its revenues continue upward at their recent pace.

We caution you that lithium deposits are being actively explored. Assuming success, the lithium supply may limit the price appreciation of lithium.
3. Utility and Grid Operators
Utilities will generate more power, thus increasing their revenue. However, they must invest significant capital to modernize, expand, and reduce greenhouse emissions. (Here are some companies the author comments on.)

Dominion Energy (NYSE:D) in Virginia and Entergy (NYSE:ETR) in Texas are the two utility companies that may be the biggest beneficiaries of the growth of AI data centers. Both stocks have relatively low forward P/E’s of approximately 14 and dividend yields of 4.25% for Dominion Energy and 5.50% for Entergy. It will be crucial to follow their margins to see how effectively they offset the expansion costs with rising revenue.

Constellation Energy (CEG) and NextEra Energy (NYSE:NEE) are also worth tracking as they invest heavily in renewable energy infrastructure and will benefit from increased demand. We would add Duke (DUK) and Southern Company (NYSE:SO) to the list of companies to follow.
4. Technology and AI Firms
Companies specializing in AI software for energy efficiency and management will find opportunities in this evolving landscape. Some of the more prominent names in this sector include IBM (NYSE:IBM), Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL), and GE Vernova (NYSE:GEV).
5. Physical Plant Expansion
Companies that supply utility plants with generators, transformers, circuit breakers, and switchboards, among many other parts, will undoubtedly benefit from power grid expansion. (These include.)

GE Vernova, Eaton (NYSE:ETN), Quanta Services (NYSE:PWR), Emerson Electric (NYSE:EMR), and Siemens (ENR.DE).
6. Water/Cooling
The average data center uses 300,000 gallons of water a day to cool its equipment. That is the equivalent of the water used by 100,000 homes. Therefore, companies that can develop cheap cooling solutions for data centers will be in high demand. (Companies so engaged include.)

Vertiv Holdings (NYSE:VRT)… a leader in this segment. Its shares have risen tenfold since it went public in 2019 and now trades at a P/E of 100. It’s a high-risk, high-reward stock, not for the faint of heart.
7. Infrastructure ETFs
There are many other businesses set to profit from the coming infrastructure boom.

Those looking for a diversified investment approach in the power grid may want to explore thematic ETFs.

For example, the First Trust Clean Edge Smart Grid Infrastructure Fund (GRID) holds 103 positions. Beyond diversification and portfolio manager expertise, the fund can buy stocks in foreign markets, which many US investors do not have access to or are uncomfortable with.

iShares U.S. Infrastructure ETF (IFRA) is a similar fund with a different basket of stocks and approach toward investing in the industry.

The bottom line is we are confident the expansion and modernization of the power grid will be highly profitable for some companies… Diversification will prove to be essential for investors.”

End quotes.

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MTB Named A Top Socially Responsible Dividend Stock
Now many of you also like dividend-paying stocks, so I’m including this recent article on a socially responsible bank stock. It’s titled MTB Named A Top Socially Responsible Dividend Stock by Just2Trade and found at j2t.com. Here are some brief quotes from the article.

“M & T Bank Corp (Symbol: MTB) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ‘DividendRank’ statistics including a strong 3.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment…

According to the ETF Finder at ETF Channel, M & T Bank Corp is a member of the iShares USA ESG Select ETF (SUSA), making up 0.10% of the underlying holdings of the fund, which owns $4,322,259 worth of MTB shares.

The annualized dividend paid by M & T Bank Corp is $5.4/share.”

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Top 10: Sustainable Banks
On the subject of banks, I thought to share this article with you as I know many of you are interested in banking with a bank or banks that prioritize social responsibility, ESG, and sustainability issues. The article is titled Top 10: Sustainable Banks. It’s by Charlie King and seen at sustainabilitymag.com. Now some brief quotes by Mr. King on his picks.
“10. Nykredit
Headquarters: Copenhagen, Denmark

Founded in 1851 and based in Copenhagen, Nykredit is a customer-owned bank and Denmark’s biggest lender with 35% market share. With ESG at the heart of its operations… Nykredit has made a special commitment to offer financial solutions in urban and rural districts alike at all times.

On the environmental side, Nykredit was the first Danish systemically important financial institution (SIFI) to join the Science Based Targets initiative (SBTi), and announced tighter restrictions on financing gas and oil companies in 2023.
9. UOB (U11.SI)
Headquarters: Singapore

“It is our responsibility to build a sustainable future for generations to come,” says Wee Ee Cheong, CEO.
8. SpareBank 1 (B4M1.F)
Headquarters: Oslo, Norway

A collection of Norwegian banks, SpareBank 1 prides itself on its strong local ties. The alliance is built on the foundation of being local, committed and responsible social actors.

“Climate change is increasingly affecting our world and making our future uncertain,” says Benedicte, CEO.
7. Banco Pichincha (BVL:BPICHC1)
Headquarters: Quito, Ecuador

South American company Banco Pichincha not only serves six countries in Latin America, but also works to preserve the country's heritage and promote art and culture.
6. The City Bank Limited (DSE:CITYBANK)
Headquarters: Dhaka, Bangladesh

Founded in 1983, City Bank serves more than 1.7 million customers. Governance and compliance is at the heart of City Bank’s sustainability strategy, as it works to reduce risk for itself and its stakeholders.

In 2022, City Bank joined the UN’s Net-Zero Banking Alliance (NZBA) and has since been recognised for its sustainability by Bangladesh Bank, German Agency for International Cooperation (GIZ) and Global Finance for its sustainability.
5. TSKB (XIST: TSKB.E)
Headquarters: Istanbul, Turkey

Investment banking specialist Turkiye Sinai Kalkinma Bankasi (TSKB), or Turkey Industrial Development Bank, uses a sustainable banking model to provide a qualified contribution to climate and environmentally friendly investments, equal opportunities in employment and inclusive economic growth.
4. Amalgamated Bank (AMAL)
Headquarters: New York, US

Self-defined as ‘the bank for change-makers’, Amalgamated Bank is committed to environmental and social responsibility and uses its funds to support sustainable organisations, progressive causes and social responsibility.
3. Triodos Bank
It prides itself on publishing details of every organisation it finances on its website, so customers can see how their money is delivering positive change for people and the planet.

In 2023, its €23.2bn (US$25.2bn) in assets were used to create social, environmental and cultural value in a transparent and sustainable way.
2. ProCredit Holding (ETR: PCZ)
Headquarters: Frankfurt, Germany

ProCredit Holding is part of ProCredit, an international group of development-oriented commercial banks dedicated to its ethical corporate mission. Aiming to drive forward the creation of transparent, inclusive financial sectors in developing countries and transition economies, ProCredit supports SMEs and has a strong focus on human ethics.
1. Vancity
Headquarters: Vancouver, Canada

Founded in 1946, Vancity is a Canadian financial co-operative that uses financial tools to stimulate social and environmental progress. Having achieved carbon neutrality in 2008, a first for a North American-based financial institution, it is now working towards net zero by 2040 – a slight sooner than many others.”

End quotes.

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Honorable Mentions that time didn’t allow me to cover here
Title: Biodiversity Funds: Top Biodiversity Funds to Consider on sustainabletreasure.com. By sustainabletreasure.
From Canada
Title: Seven U.S. renewable energy stocks well-positioned to benefit from future rate cuts on theglobeandmail.com. Requires login though does show stock symbols of 3 of the 7 companies. By Christine Elegado.

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Ending Comment
Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Renewable Energy and Sustainable Bank Stock Buys.”

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on June 28th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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- Escuchar más tarde Escuchar más tarde
Sustainable and Infrastructure Stocks Analysts Adore
31 may· Ethical & Sustainable Investing News to Profit By!
Sustainable and Infrastructure Stocks Analysts Adore podcast: Covers stocks related to renewable energy, data infrastructure, waste management, retail, and others.

By Ron Robins, MBA

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

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

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

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

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

5 sustainable UK stocks that Fools love

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

Here are some quotes from the article.

“1. Croda International (LSE:CRDA)

By Oliver Rodzianko.

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

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

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

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

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

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

By Royston Wild.

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

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

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

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

3. Renewi (LSE: RWI)

By Christopher Ruane.

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

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

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

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

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

3. Tesco (LSE:TSCO)

By Mark David Hartley.

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

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

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

4. The Renewables Infrastructure Group (LSE: TRIG)

By Ben McPoland.

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

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

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

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

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

End quotes.

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3 Data Infrastructure Stocks Poised to Soar on Skyrocketing Demand

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

“1. Akamai (NASDAQ:AKAM)

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

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

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

2. Vertiv (NYSE:VRT)

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

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

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

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

3. Arista Networks (NYSE:ANET)

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

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

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

End quotes.

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2 Renewable Energy Stocks That Could Put You in the Green

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

“1. Innergex Renewable Energy (TSX:INE)

is one of those stocks that go unnoticed by investors…

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

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

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

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

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

is an intriguing option worthy of mention.

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

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

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

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

End quotes.

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What are the best solar companies of 2024?

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

“The best solar companies of 2024 offer quality equipment, budget-friendly financing options, and top-notch customer service. Take a look at our top picks below.
Best overall: SunPower Best high-quality: Palmetto Solar Best referral program: Blue Raven Solar Most flexible financing options: Sunrun Most affordable: Tesla”
End quotes.

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

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

“1. Applied Materials (NASDAQ:AMAT)

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

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

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

2. Target (NYSE:TGT)

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

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

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

3. Prologis (NYSE:PLD)

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

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

End quotes.

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

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

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on June 14th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Renewable Energy Stock Picks
17 may· Ethical & Sustainable Investing News to Profit By!
Renewable Energy Stock Picks podcast includes some great renewable energy stock analyses from Zacks, The Motley Fool, InvestorPlace, and others.

By Ron Robins, MBA

Transcript & Links, Episode 130, May 17, 2024

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

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

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

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

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1) Renewable Energy Stock Picks

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

Here are brief quotes by the author on each stock.

“1. Clearway (CWEN)

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

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

2. NextEra (NEE)

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

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

3. Brookfield (BEP)

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

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

4. Vestas (VWS.CO)

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

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

End quotes.

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2) Renewable Energy Stock Picks

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

“1. First Solar (NASDAQ:FSLR)

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

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

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

2. Broadwind (NASDAQ:BWEN)

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

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

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

3. Beam Global (NASDAQ:BEEM)

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

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

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

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

End quotes.

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3) Renewable Energy Stock Picks

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

Here are some of his comments.

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

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

Is he right?

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

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

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

End quotes.

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4) Renewable Energy Stock Picks

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

Here are some comments by Mr. Orford.

“For this analysis, I’ve started with a screen of the top 30 Renewable Energy Companies based on the Market Cap. Then, I filtered the list for the following criteria:
Year-on-year quarterly net income growth of over 30%, Analyst rating of 4 and above (moderate to strong buy) and An upside potential of over 50% based on high target prices.
This list of renewable energy stocks to buy is sorted in descending order based on upside potential.

1. First Solar (NASDAQ:FSLR)

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

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

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

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

2. Fluence Energy (NASDAQ:FLNC)

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

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

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

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

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

3. Brookfield Renewable Partners (NYSE:BEP)

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

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

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

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

End quotes.

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One Honorable Mention

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

One article from Australia

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on May 31st.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Best Ethical, ESG Stocks, for 2024
3 may· Ethical & Sustainable Investing News to Profit By!
Best Ethical, ESG Stocks, for 2024. Covers stocks from AI, to tech, to healthcare, renewable energy, healthcare, and many more.

By Ron Robins, MBA

Transcript & Links, Episode 129, May 3, 2024

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

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

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

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

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

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

Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).
13. Adobe Inc. (NASDAQ:ADBE)
Hedge Fund Shareholders: 105

Its Photoshop software is one of the best known image editing software in the world, and in April 2024, Adobe shared that it will add artificial intelligence features to Photoshop later this year.
12. Thermo Fisher Scientific Inc. (NYSE:TMO)
Hedge Fund Shareholders: 111

Thermo Fisher Scientific is one of the biggest medical instruments and devices companies in the world. The shares are rated Buy on average.
11. UnitedHealth Group Incorporated (NYSE:UNH)
Hedge Fund Shareholders: 113

UnitedHealth Group is the largest healthcare benefits provider and plan manager in the U.S. 2024 has been quite a controversial year for the firm after it was targeted through a cyber attack earlier this year that disrupted healthcare services across America.
10. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Hedge Fund Shareholders: 120

Advanced Micro Devices is an American semiconductor designer that makes and sells CPUs, GPUs, and other silicon products… Wall Street appears to be quite optimistic about the firm's future prospects, as it has rated the shares Strong Buy.
9. Salesforce, Inc. (NYSE:CRM)
Hedge Fund Shareholders: 131

Salesforce is an American enterprise software company that enables firms to manage their customer relationships… the shares are up after reports indicate that Salesforce is no longer pursuing a multi billion dollar acquisition to grow its business operations.
8. Apple Inc. (NASDAQ:AAPL)
Hedge Fund Shareholders: 131

April 2024 hasn't been a great month for the firm, as not only have its shares proved to be lackluster in gains, but multiple reports share that consumer interest in the Apple Vision Pro headset is declining.
7. Mastercard Incorporated (NYSE:MA)
Hedge Fund Shareholders: 141

Mastercard is a financial technology firm that acts as a gateway between merchants and consumers. It's… rated (a) Strong Buy on average.
6. Visa Inc. (NYSE:V)
Hedge Fund Shareholders: 162

Visa Inc. is another payment gateway platform and services provider. Like Mastercard, it was also at the center of a bullish analyst note from Morgan Stanley in April 2024 that indicated that Visa Inc. was benefiting from the surge in global travel.
5. NVIDIA Corporation (NASDAQ:NVDA)
Hedge Fund Shareholders: 173

NVIDIA Corporation is Wall Street’s artificial intelligence darling. Its shares are up by 198% over the past year…
4. Alphabet Inc. (NASDAQ:GOOGL)
Hedge Fund Shareholders: 214

Alphabet Inc. is one of the biggest technology companies in the world. The firm was out with an announcement worthy of its size in April 2024 when it announced that it would invest $640 million to set up a new data center in The Netherlands.
3. Meta Platforms, Inc. (NASDAQ:META)
Hedge Fund Shareholders: 242

Meta Platforms, Inc. is the biggest social media and communications company in the world. Its CEO Mark Zuckerberg appeared to have thrown a curve ball in the AI market in April 2024 when Meta Platforms announced its Llama 3 model which it claims is one of the most powerful open source AI platforms in the world.
2. Amazon.com, Inc. (NASDAQ:AMZN)
Hedge Fund Shareholders: 293

Amazon.com is one of the biggest eCommerce retailers in the world. Like other mega cap stocks, it is also focusing heavily on AI, and announced plans in April through which its AWS business division seeks to host other businesses’ AI models.
1. Microsoft Corporation (NASDAQ:MSFT)
Hedge Fund Shareholders: 302

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

End quotes.

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2) Best Ethical, ESG Stocks, for 2024
This next article comes from investorplace.com, a site with a prolific output of articles related to renewable energy. This new article is titled The Power of the Sun: 3 Solar Energy Stocks Primed for 5X Gains. It’s by Faizan Farooque. Now some quotes from Mr. Farooque.
“1. Array Technologies (NASDAQ:ARRY)
has surpassed Wall Street projections four times…

Despite tremendous success, Array stock is down 31% in 2024 due to lower-than-expected annual expectations. The company’s reduction of its annual prediction has lowered the stock’s price, making it ideal for investors looking for inexpensive solar stocks. Analysts predict a 68% upside.
2. Canadian Solar (NASDAQ:CSIQ)
The company has missed profit expectations seven times in a row, with the most recent miss being 350%.

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

Investors will hope the expansion into China and the new $800 million plant will help realize the stock’s 84% upside potential.
3. First Solar’s (NASDAQ:FSLR)
path forward will depend on its aggressive expansion in the solar business. It’s spending $1.2 billion to expand its U.S. manufacturing capabilities…

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

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

End quotes.

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3) Best Ethical, ESG Stocks, for 2024
This third article comes by way of a new website to me, techopedia.com. The article is titled Best ESG Stocks to Invest in 2024 and it’s by Jim Halley. Now some brief comments by Mr. Halley on each company.
“1. ASML Holding (NASDAQ: ASML)
The Dutch company has a monopoly on EUV lithography machines that are used to imprint patterns on silicon chips.
2. Microsoft (NASDAQ: MSFT)
The tech company hasn’t let its profit goals get in the way of ESG progress and has invested heavily in renewable energy. It has set ambitious goals for reducing water use and to be carbon neutral.
3. Hermes International (OTC: HESAF)
The luxury goods retailer sells longer-lasting goods to protect the environment and has a science-based target to lower greenhouse gas emissions in its supply chain and operations.
4. Fortinet (NASDAQ: FTNT)
The cybersecurity company has lowered its carbon footprint, avoiding 455 tons of CO2 emissions by using eco-friendly packaging. It also uses 100% renewable energy in 80% of its owned sites.
5. Check Point Software Technologies (NASDAQ: CHKP)
The Israeli company focuses on cybersecurity services. It said it’s looking to be carbon neutral by 2040. It also focuses on charitable work and gender equality.
6. Colgate-Palmolive (NYSE: CL)
Founded in 1806, it’s one of the oldest companies in the US stock market. It has a diverse workforce, with 42% of its senior managers and directors being minorities (Black, Asian or Latino).
7. Adobe (NASDAQ: ADBE)
The software company gets high sustainability scores by using renewable energy sources and reducing waste. It also has several diversity and inclusion initiatives.
8. Brookfield Renewable Partners (NYSE: BEP)
It develops and operates renewable power and sustainable assets, including hydroelectric, wind, utility-scale solar power. It pays an above-average dividend.
9. Constellation Energy (NASDAQ: CEG)
The electrical power and natural gas management services provider has the US’s largest carbon-free nuclear presence after investing in the South Texas Project Electric Generating Station.
10. Applied Materials (NASDAQ: AMAT)
The world’s No. 1 semiconductor wafer fabrication equipment maker gets high ESG scores because it uses 100% renewable energy – wind and solar power – in the US, and 70% globally.”

End quotes

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4) Best Ethical, ESG Stocks, for 2024
The fourth article is another one from the investorplace.com site titled 7 Alternative Energy Stocks to Buy on the Fossil Fuel Fallout. It’s by Josh Enomoto. Here are some quotes from Mr. Enomoto on each of his picks.
“1. NextEra Energy (NYSE:NEE)
generates, transmits, distributes and sells electric power to retail and wholesale customers in North America. Per its public profile, the company generates electricity through wind, solar, nuclear, natural gas and other clean energy...

It’s one of the alternative energy stocks to keep on your radar.
2. Cameco (NYSE:CCJ)
provides uranium for electricity generation. It operates through multiple segments, with its mainline uranium unit involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. It also features a fuel unit that engages in the refining and fabrication of the commodity…

It’s an unignorable component of alternative energy stocks to buy.
3. Ormat Technologies (NYSE:ORA)
(Is engaged in geothermal energy production.) Geothermal is exactly what it sounds like — extracting energy from the earth’s core. It’s sustainable, renewable and doesn’t involve building ugly wind turbines that could impact wildlife. Notably, the company is a strong financial performer. Last fiscal year, it posted an average positive earnings surprise of 22.58%.
4. First Solar (NASDAQ:FSLR)
provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile and internationally. Per its public profile, the company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules…

It’s still risky but it could be a compelling wager for alternative energy stocks.
5. Clearway Energy (NYSE:CWEN)
Per its corporate profile, Clearway has approximately 6,000 net megawatts (MW) of installed wind, solar and energy generation projects. It also features approximately 2,500 net MW of natural gas-fired generation facilities…

The most optimistic analyst believes that Clearway Energy has… over 62% upside potential.
6. Brookfield Renewable (NYSE:BEPC)
owns and operates a portfolio of renewable power and sustainable solution assets primarily in the U.S., Europe, Colombia and Brazil. According to its corporate profile, Brookfield operates hydroelectric, wind, solar and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 MW…

Shares feature a moderate buy consensus view.
7. Clean Energy Fuels (NASDAQ:CLNE)
provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the U.S. and Canada… Clean Energy Fuels ranks as the highest-risk, highest-reward prospect on this list of alternative energy stocks.

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

End quotes.

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Other Honorable Mentions – not in any order
1. Title: Qualcomm a Top Socially Responsible Dividend Stock With 2.1% Yield (QCOM) on nasdaq.com. By BNK Invest.

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

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

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

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

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

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on May 17th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Best ESG ETFs, Carbon Capture Stocks, More…
19 abr· Ethical & Sustainable Investing News to Profit By!
Best ESG ETFs, Carbon Capture Stocks, More… Includes SRI ETFs, sustainable carbon capture stocks, analysis on Enphase or Plug Power?

By Ron Robins, MBA

Transcript & Links, Episode 128, April 19, 2024

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

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

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

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

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

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

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

The Vanguard ESG U.S. Stock ETF tries to match the performance of the FTSE U.S. All Cap Choice Index and screens for certain ESG criteria. Certain companies in the following industries are excluded from the fund: adult entertainment, alcohol, fossil fuels, gambling, nuclear power, tobacco and weapons.
5-year return (annualized): 14.6 percent Expense ratio: 0.09 percent
2) iShares Global Clean Energy ETF (ICLN)

The iShares Global Clean Energy ETF seeks to track the performance of an index of global stocks from the clean energy sector. These companies produce energy from renewable sources such as solar and wind.
5-year return (annualized): 8.0 percent Expense ratio: 0.41 percent
3) iShares ESG MSCI USA Leaders ETF (SUSL)

The iShares ESG MSCI USA Leaders ETF gives investors exposure to large- and mid-cap stocks that score highly on ESG issues relative to their sector peers. The fund avoids holding companies with low ESG ratings or severe controversies.
3-year return (annualized): 11.5 percent Expense ratio: 0.10 percent
4) Nuveen ESG Large-Cap Value ETF (NULV)

The Nuveen ESG Large-Cap Value ETF uses a passive approach to invest in large-cap companies with value characteristics that also meet certain ESG criteria.
5-year return (annualized): 7.9 percent Expense ratio: 0.26 percent
5) SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX)

The SPDR S&P 500 Fossil Fuel Reserves Free ETF gives investors focused on climate change exposure to the S&P 500 while eliminating companies that own fossil fuel reserves. It’s a great choice if you’re looking for fairly traditional investment exposure with a slight focus on climate change.
5-year return (annualized): 14.4 percent Expense ratio: 0.20 percent
6) iShares MSCI Global Sustainable Development Goals ETF (SDG)

The iShares MSCI Global Sustainable Development Goals ETF seeks to track the performance of an index made up of companies that derive the majority of their revenue from products and services that address at least one of the world’s major social and environmental challenges as defined by the United Nations.
5-year return (annualized): 7.1 percent Expense ratio: 0.49 percent
7) iShares ESG Aware MSCI USA ETF (ESGU)

The iShares ESG Aware MSCI USA ETF tracks the results of an index of U.S. companies with ESG features that show a similar risk and return profile as the overall MSCI USA Index. The fund includes large- and mid-cap U.S. stocks, and those looking for exposure to high-performing stocks with an ESG-bent may find what they’re looking for here.
5-year return (annualized): 14.2 percent Expense ratio: 0.15 percent”
End quotes.

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

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

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

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

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

1) Dotz

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

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

2) Aker Carbon Capture

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

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

3) FuelCell Energy

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

4) Equinor

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

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

5) Delta CleanTech

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

End quotes.

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

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

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

1) WestRock WRK

Morningstar Rating: 3 Stars

Fair Value: $55.00

ESG Risk Rating: Medium

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

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

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

2) Carnival CCL

Morningstar Rating: 5 Stars

Fair Value: $27.50

ESG Risk Rating: Medium

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

Carnival is trading at a 45% discount.

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

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

End quotes.

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

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

“The Case for Enphase Energy Stock (ENPH)

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

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

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

The Case for Plug Power Stock (PLUG)

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

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

The Verdict: Enphase Edges Out Plug Power

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

End quotes.

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

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

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

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

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

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

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Other Honorable Mentions – not in any order

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

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on May 3rd.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Top Climate-Smart Stocks
5 abr· Ethical & Sustainable Investing News to Profit By!
Top Climate-Smart Stocks includes one article with 26 global picks. Another article refers to ESG companies in ‘unassailable’ market positions.

By Ron Robins, MBA

Transcript & Links, Episode 127, April 5, 2024

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

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

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

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

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26 climate-smart stocks shine in new BMO screen

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

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

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

Here are the first 5 of the final 26 stocks on the list.
Adobe Systems (ADBE) AstraZeneca (AZN) Avery Dennison (AVY) Baker Hughes Co. (BKR) BHP (BHP).” End quotes.
For the rest of the companies go to this podcast edition’s web page at investingforthesoul.com/podcasts and click the link to this article.

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5 Cheap Sustainable Stocks With Moats

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

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

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

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

1) Etsy ETSY

Fair Value: $140

Morningstar Rating: 4 stars

Price: $67.82

Etsy is trading at a 51% discount.

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

2) BorgWarner BWA

Fair Value: $72

Morningstar Rating: 5 stars

Price: $33.20

BorgWarner is trading at a 54% discount.

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

3) Sirius XM Holdings SIRI

Fair Value: $7.50

Morningstar Rating: 5 stars

Price: $3.88

This stock is trading at a 48% discount.

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

4) Aptiv PLC APTV

Fair Value: $148

Morningstar Rating: 5 stars

Price: $78.72

This stock is trading at a 46% discount.

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

5. Charter Communications CHTR

Fair Value: $550

Morningstar Rating: 5 stars

Price: $290

This stock is trading at a 46% discount.

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

End quotes.

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

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

“1) Microsoft (NASDAQ:MSFT)

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

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

2) Alphabet (NASDAQ:GOOGL)

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

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

3) TJX Companies (NYSE:TJX)

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

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

4) Air Products and Chemicals (NYSE:APD)

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

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

5) Mondelez (NASDAQ:MDLZ)

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

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

6) Bunge (NYSE:BG)

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

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

7) Adobe (NASDAQ:ADBE)

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

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

End quotes.

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Benefits of Sustainable Investing and 3 Companies Paving the Way!

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

“1) AGCO: Advancing Agricultural Sustainability

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

2) ICL Group: Promoting Sustainable Agriculture and Nutrition

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

3) John Deere: Pioneering Precision Agriculture

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

End quotes.

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

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

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

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

1) NextEra Energy Partners (NYSE: NEP)

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

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

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

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

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

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

End quotes.

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One Other Honorable Mention

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

One Article from Australia

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on April 19th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Analysts’ Sustainable Stock Picks
22 mar· Ethical & Sustainable Investing News to Profit By!
Analysts’ Sustainable Stock Picks. Infrastructure, renewable energy, and sustainable stocks with high dividend yields, that analysts say to buy now.

By Ron Robins

Transcript & Links, Episode 126, March 22, 2024

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

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

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

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

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

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

“1. Trimble (TRMB)

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

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

2. Freeport-McMoRan (FCX)

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

3. Atkore (ATKR)

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

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

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5 Sustainable Stocks With a High Yield by Muskaan Hemrajani

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

“1. Best Buy (BBY)

January 2024 Dividend Yield 5.08%

Price: $78.21 as of March 6, 2024

Fair Value Estimate: $90

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

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

2. Prudential Financial (PRU)

January 2024 Dividend Yield 4.77%

Price: $109.61 as of March 6, 2024

Fair Value Estimate: $108

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

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

Prudential Financial provides a variety of financial-services products.

3. Exelon (EXC)

January 2024 Dividend Yield 4.14%

Price: $36.68 as of March 6

Fair Value Estimate: $39

Morningstar Rating: 4 stars

Morningstar ESG Risk Rating Assessment: Medium

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

4. Interpublic Group of Companies (IPG)

January 2024 Dividend Yield 3.76%

Price: $31.85 as of March 6.

Fair Value Estimate: $39

Morningstar Rating: 4 stars

Morningstar ESG Risk Rating Assessment: Negligible

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

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

5. HP (HPQ)

January 2024 Dividend Yield 3.7%

Price: $30.23 as of March 6

Fair Value Estimate: $27

Morningstar Rating: 3 stars

Morningstar ESG Risk Rating Assessment: Low

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

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

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

“1. NextEra Energy (NYSE: NEE)

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

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

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

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

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

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

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

End quotes.

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15 Biggest Wind Energy Companies in the World by Meerub Anjum

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

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

15. Northland Power Inc. (OTC:NPIFF)

Market Cap: $4.41 billion

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

14. Suzlon Energy Ltd (NSE:SUZLON)

Market Cap: $6.13 billion

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

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

Market Cap: $6.76 billion

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

12. Brookfield Renewable Corporation (NYSE:BEPC)

Market Cap: $9.18 billion

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

11. Siemens Energy AG (ETR:ENR)

Market Cap: $12.29 billion

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

10. Avangrid, Inc. (NYSE:AGR)

Market Cap: $13.81 billion

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

9. EDP Renováveis, S.A. (OTC:EDRVY)

Market Cap: $14.79 billion

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

8. Ørsted A/S (OTC:DNNGY)

Market Cap as of March 13: $21.42 billion

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

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

Market Cap: $28.59 billion

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

6. GE Vernova

Expected Revenue (2024): $35 billion

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

5. Adani Green Energy Limited (NSE:ADANIGREEN)

Market Cap: $37.42 billion

The company has 12 wind power plants all over India.

4. Constellation Energy Corporation (NASDAQ:CEG)

Market Cap: $53.37 billion

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

3. Enel SpA (OTC:ENLAY)

Market Cap: $69.12 billion

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

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

Market Cap: $75.62 billion

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

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

Market Cap: $117.29 billion

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

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15 Biggest Solar Companies in the World by Meerub Anjum

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

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

15. ReNew Energy Global Plc (NASDAQ:RNW)

Market Cap: $2.42 billion

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

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

Market Cap: $2.55 billion

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

13. Risen Energy Co Ltd (SHE:300118)

Market Cap: $2.66 billion

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

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

Market Cap: $4.04 billion

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

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

Market Cap: $4.12 billion

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

10. GCL Technology Holdings Limited (OTC:GCPEF)

Market Cap: $4.44 billion

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

9. Xinyi Solar Holdings Limited (OTC:XISHY)

Market Cap: $7.31 billion

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

8. Nextracker Inc. (NASDAQ:NXT)

Market Cap: $8.21 billion

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

7. Trina Solar Co Ltd (SHA:688599)

Market Cap: $8.22 billion

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

6. Brookfield Renewable Corporation (NYSE:BEPC)

Market Cap: $9.18 billion

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

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

Market Cap: $9.20 billion

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

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

Market Cap: $16.43 billion

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

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

Market Cap: $17.03 billion

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

2. Adani Green Energy Ltd (NSE:ADANIGREEN)

Market Cap: $37.42 billion

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

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

Market Cap: $117.29 billion

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

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Can retail clients be impact investors? By David Kitai

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

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

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

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Other Honorable Mentions – not in any order.

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

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

Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on April 5th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Top Ethical Companies and ESG Dividend Stocks
8 mar· Ethical & Sustainable Investing News to Profit By!
Transcript & Links, Episode 125, March 8, 2024

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

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

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

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

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

1. World’s Most Ethical Companies in 2024

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

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

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

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

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

The Ethics Premium: Integrity Outperforms

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

Methodology

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

End quotes.

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

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

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

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

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

Upside Potential: 15.2%

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

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

12. Pfizer Inc. (NYSE:PFE)

Upside Potential: 15.4%

An American biotech and pharmaceutical company…

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

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

Upside Potential: 15.9%

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

The stock has a dividend yield of 4.65%.

10. Morgan Stanley (NYSE:MS)

Upside Potential: 16.4%

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

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

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

Upside Potential: 16.5%

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

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

8. Realty Income Corporation (NYSE:O)

Upside Potential: 16.69%

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

7. Microsoft Corporation (NASDAQ:MSFT)

Upside Potential: 16.8%

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

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

Upside Potential: 17.04%

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

5. NIKE, Inc. (NYSE:NKE)

Upside Potential: 17.60%

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

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

Upside Potential: 18.16%

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

3. Albemarle Corporation (NYSE:ALB)

Upside Potential: 22.08%

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

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

Upside Potential: 22.3%

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

1. American Tower Corporation (NYSE:AMT)

Upside Potential: 26.6%

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

End quotes.

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

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

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

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

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

Number of Hedge Fund Holders: 71

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

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

11. AbbVie Inc. (NYSE:ABBV)

Hedge Fund Holders: 76

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

10. Broadcom Inc. (NASDAQ:AVGO)

Hedge Fund Holders: 91

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

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

Hedge Fund Holders: 98

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

8. Eli Lilly and Company (NYSE:LLY)

Hedge Fund Holders: 102

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

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

Hedge Fund Holders: 103

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

6. UnitedHealth Group Incorporated (NYSE:UNH)

Hedge Fund Holders: 113

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

5. Apple Inc. (NASDAQ:AAPL)

Hedge Fund Holders: 131

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

4. Mastercard Incorporated (NYSE:MA)

Hedge Fund Holders: 141

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

3. Visa Inc. (NYSE:V)

Hedge Fund Holders: 162

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

2. NVIDIA Corporation (NASDAQ:NVDA)

Hedge Fund Holders: 173

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

1. Microsoft Corporation (NASDAQ:MSFT)

Hedge Fund Holders: 302

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

End quotes.

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4. 4 Clean Energy Stocks That Have Defied the Odds

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

Here’s a key chart from the article.

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

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

Green Energy Winners

Company / Ticker

Recent Price

Market Value (billion)

YTD Price Change

2024 P/E

Nextracker / NXT

$57.94

$8.4

23.7%

20

MYR Group / MYRG

163.66

2.7

13.2

25

Quanta Services / PWR

234.39

34.2

8.6

28

Gentherm / THRM

55.68

1.8

6.3

21

Source: FactSet”

End quotes.

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Other Honorable Mentions – not in any order.

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

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

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

I’ll talk to you next on March 22nd.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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The Greenest Global Companies
23 feb· Ethical & Sustainable Investing News to Profit By!
The Greenest Global Companies podcast features Corporate Knights and As You Sow’s 2024 Clean 200 global green company rankings. Plus

Ron Robins, MBA

Transcript & Links, Episode 124, February 23, 2024

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

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

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

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

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

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

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

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

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

Top Companies

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

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

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

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

End quotes

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13 Best Renewable Energy Stocks To Buy According to Hedge Funds

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

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

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

Number of Hedge Fund Holders: 18

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

12. Avangrid, Inc. (NYSE:AGR)

Hedge Fund Holders: 19

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

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

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

Hedge Fund Holders: 23

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

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

10. Green Plains Inc. (NASDAQ:GPRE)

Hedge Fund Holders: 24

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

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

9. Sunrun Inc. (NASDAQ:RUN)

Hedge Fund Holders: 26

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

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

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

Hedge Fund Holders: 27

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

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

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

Hedge Fund Holders: 28

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

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

6. Enbridge Inc. (NYSE:ENB)

Hedge Fund Holders: 35

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

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

Hedge Fund Holders: 40

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

4. Constellation Energy Corporation (NASDAQ:CEG)

Hedge Fund Holders: 45

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

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

Hedge Fund Holders: 49

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

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

Hedge Fund Holders: 58

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

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

1. General Electric Company (NYSE:GE)

Hedge Fund Holders: 76

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

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

End quotes

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Profit and Purpose: 7 Standout Stocks for the Ethical Investor

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

“1. Waste Management (NYSE:WM)

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

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

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

2. NextEra Energy (NYSE:NEE)

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

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

3. Costco (NASDAQ:COST)

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

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

4. Starbucks (NASDAQ:SBUX)

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

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

5. Visa (NYSE:V)

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

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

6. Apple (NASDAQ:AAPL)

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

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

7. Microsoft (NASDAQ:MSFT)

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

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

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

End quotes.

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Other Honorable Mentions – not in any order.

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

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

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

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

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

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

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

I’ll talk to you next on March 8th.

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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Great Sustainable Stocks and Funds for 2024
9 feb· Ethical & Sustainable Investing News to Profit By!
Ron Robins, MBA

Transcript & Links, Episode 123, February 9, 2024

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

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

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

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

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Top 10: ESG Stocks to Consider in 2024

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

“1. Nvidia

MSCI Rating: AAA

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

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

2. Microsoft

MSCI Rating: AAA

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

3. Best Buy

MSCI Rating: AAA

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

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

4. Adobe

MSCI Rating: AAA

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

5. Intuit

MSCI Rating: AAA

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

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

6. Idexx

MSCI Rating: AAA

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

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

7. Lam Research

MSCI Rating: AAA

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

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

8. Salesforce

MSCI Rating: AA

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

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

9. POOLCORP

MSCI Rating: AA

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

10. Cadence

MSCI Rating: AA

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

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America's Most Responsible Companies 2024

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

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

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

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

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7 Best Solar Stocks to Buy Now

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

“1. Array Technologies Inc. (ARRY)

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

Market capitalization: $2 billion

2. Canadian Solar Inc. (CSIQ)

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

Market capitalization: $1.5 billion

3. Daqo New Energy Corp. (DQ)

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

Market capitalization: $1.3 billion

4. Enphase Energy Inc. (ENPH)

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

Market capitalization: $14.5 billion

5. First Solar Inc. (FSLR)

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

Market capitalization: $15.8 billion

6. SolarEdge Technologies Inc. (SEDG)

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

Market capitalization: $3.9 billion

7. Sunnova Energy International Inc. (NOVA)

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

Market capitalization: $1.3 billion.” End quotes.

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

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

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

1. Invesco ESG NASDAQ 100 ETF (QQMG)
Return: 55.34% Morningstar Medalist Rating: Bronze Maximum Allocation: The technology sector Top Holdings: Microsoft MSFT (13.00%), Apple AAPL (11.99%) Notable: 10% portfolio weight is in AI stocks like Nvidia NVDA and Broadcom AVGO
2. ClearBridge Large Cap Growth ESG ETF (LRGE)
Return: 45.99% Morningstar Medalist Rating: Neutral Maximum Allocation: The technology sector Top Holdings: Microsoft (9%), Amazon.com AMZN (8%)
3. Parnassus Growth Equity Institutional (PFPGX)
Return: 45.18% Morningstar Medalist Rating: Bronze Key Driver: Successful rally in the technology sector Notable: 11% of the fund’s weight is in Microsoft
4. Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)
Return: 43.50% Morningstar Medalist Rating: Neutral Maximum Allocation: Microsoft (13%) and the technology sector
5. BlackRock Sustainable US Growth (BESGX) (Note different versions of fund)
Return: 43.42% Morningstar Medalist Rating: Neutral Maximum Allocation: Microsoft (12.77%) and the technology sector.”
End quotes.

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3 Stocks Poised for Success in the Sustainable Fashion Trend

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

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

1. Lululemon Athletica (LULU)

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

2. Deckers Outdoor (DECK)

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

3. Columbia Sportswear (COLM)”

End quotes.

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Other Honorable Mentions – not in any order.

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

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

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

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

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

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

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

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

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

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

Additional Articles from the UK and Australia

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

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

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

Bye for now.

© 2024 Ron Robins, Investing for the Soul
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The World’s Most Sustainable Corporations
26 ene· Ethical & Sustainable Investing News to Profit By!
Ron Robins, MBA

Podcast: The World’s Most Sustainable Corporations

Transcript & Links, Episode 122, January 26, 2024

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

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

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

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

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

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

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

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

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

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

Top Companies

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

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

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

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

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

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Franklin Templeton Positive On Green, Social Bonds In 2024

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

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

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

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

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

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Top 10: Wind Power Companies

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

“1. Li Auto (NASDAQ:LI)

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

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

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

2. Rivian (NASDAQ:RIVN)

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

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

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

3. Tesla (NASDAQ:TSLA)

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

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

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

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

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

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

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

2. First Solar (NASDAQ:FSLR)

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

3. Enphase Energy (NASDAQ:ENPH)

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

End quotes.

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Other Honorable Mentions – not in any order.

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

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

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

Articles from the UK and Canada

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

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

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

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Ending Comment

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

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

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

Contact me if you have any questions.

Thank you for listening.

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

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

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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The Most Profitable Clean Energy Stocks. Plus…
12 ene· Ethical & Sustainable Investing News to Profit By!
Ron Robins

Transcript & Links, Episode 121, January 12, 2024

Hello, Ron Robins here. So, welcome to this podcast episode 121 titled “The Most Profitable Clean Energy Stocks. Plus…” It’s presented by Investing for the Soul. I do hope that you had a wonderful time over the holidays! Now investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

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

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

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 12 article links below that time didn’t allow me to review them here.

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1) The Most Profitable Clean Energy Stocks. Plus…

Now in this edition, I’m featuring articles covering a broad range of sustainable industries. They include more articles in the renewable energy, tech, and health sectors.

The first article I’m covering is titled 13 Most Profitable Renewable Energy Stocks by Ramish Cheema. It’s seen on finance.yahoo.com. Here are some quotes. Please forgive me regarding the improper pronunciation of some of these companies!

“To make our list of the most profitable renewable energy stocks, we ranked the top 30 holdings of BMO Global Asset Management's BMO Clean Energy Index ETF (ZCLN.TO) by their latest trailing twelve month net income and selected the top 13 stocks. For these stocks we have also mentioned hedge fund sentiment.

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

Latest Trailing Twelve Month Net Income: $473 million

First Solar is an American company that sells products used in solar power generation systems. Unlike other renewable energy stocks, its shares are up 15.14% year to date.

During Q3 2023, 49 out of the 910 hedge funds part of Insider Monkey's database had held a stake in First Solar, Inc.

12. Avangrid, Inc. (NYSE:AGR)

Latest TTM Net Income: $536 million

Avangrid is a diversified American utility that generates power from both traditional and renewable power sources. It hasn't been doing well financially as of late by having missed analyst EPS estimates in three out of its fourth latest quarters.

By the end of September 2023, 19 out of the 910 hedge funds tracked by Insider Monkey were the firm's shareholders.

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

Latest TTM Net Income: $571 million

Enphase Energy makes and sells power systems that work with solar panels…

By the end of this year's third quarter, 40 out of the 910 hedge funds profiled by Insider Monkey had held a stake in Enphase Energy.

10. Constellation Energy Corporation (NASDAQ:CEG)

Latest TTM Net Income: $774 million

Constellation Energy is an American renewable energy company that uses solar, nuclear, and other clean sources to generate power…

During this year's third quarter, 45 out of the 910 hedge funds part of Insider Monkey's database had held a stake in the company.

9. Energias de Portugal, S.A. (ELI:EDP.LS)

Latest TTM Net Income: $784 million

Energias de Portugal, S.A. is a Portuguese diversified renewable energy company with a presence all over Europe and North America. It is one of the most strongly rated stocks on our list.

8. Corporación Acciona Energías Renovables, S.A. (BME:ANE.MC)

Latest TTM Net Income: $847 million

Corporación Acciona Energías Renovables, S.A. is a Spanish renewable energy firm headquartered in Alcobendas, Spain. It uses solar, hydro power, biomass, and other clean energy sources to generate power.

7. EDP Renováveis, S.A. (ELI:EDPR.LS)

Latest TTM Net Income: $852 million

EDP Renováveis, S.A. is another Spanish renewable energy company. The firm has thousands of megawatts of power generation capacity in the U.S., Brazil, Spain, and other countries. Despite a broader slowdown in the renewable energy industry, it has done well on the financial front.

6. Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR)

Latest TTM Net Income: $940 million

Centrais Elétricas Brasileiras S.A. - Eletrobrás is a Brazilian renewable energy utility with dozens of dams and two nuclear power plants in its power generation portfolio…

Insider Monkey dug through 910 hedge fund portfolios for their September quarter of 2023 shareholdings and found seven shareholders.

5. CPFL Energia S.A. (BVMF:CPFE3.SA)

Latest TTM Net Income: $1 billion

CPFL Energia S.A. is one of the oldest companies on our list since it was set up in 1912. Headquartered in Campinas, SP, Brazil, the firm provides electricity to all kinds of users in its home country… Its shares are rated Buy on average.

4. Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG)

Latest TTM Net Income: $1 billion

Companhia Energética de Minas Gerais is a Brazilian utility headquartered in Belo Horizonte. It is one of the biggest energy companies in Brazil and accounts for more than ten percent of the country’s power generation capacity.

During Q3 2023, 15 out of the 910 hedge funds covered by Insider Monkey’s research had bought and owned [the company].

3. Brookfield Renewable Corporation (NYSE:BEPC)

Latest TTM Net Income: $1.5 billion

Brookfield Renewable Corporation is an American renewable energy utility with a presence in several countries and a power generation capacity of more than twelve thousand megawatts… the shares are rated Strong Buy.

2. Chubu Electric Power Company, Incorporated (OTC:CHUEF)

Latest TTM Net Income: $2.73 billion

Chubu Electric Power Company, Incorporated is a Japanese utility headquartered in Nagoya, Japan… the firm has been in business [since] 1889. Chubu Electric Power Company, Incorporated generates electricity through nuclear, hydroelectric, wind, and other clean sources. December 2023 has been a controversial month for the firm as a Japanese regulator is fining it for engaging in bribery.

1. China Yangtze Power Co., Ltd. (SHA:600900.SS)

Latest TTM Net Income: $3 billion

China Yangtze Power Co., Ltd. is a Chinese utility company with a presence in several Asian and South American countries. It is one of the biggest renewable energy companies in the world, known particularly for generating power through hydroelectric plants.”

End quotes.

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2) The Most Profitable Clean Energy Stocks. Plus…

Next, we have this article. It’s titled Green Giants: 7 ESG Stocks Leading the Way in Sustainable Investing by Muslim Farooque and found on investorplace.com. Here are some brief quotes by Mr. Farooque on each company.

“1. Microsoft (NASDAQ:MSFT)

The tech giant’s early and substantial investments in generative AI have positioned it at the vanguard of the AI revolution… Simultaneously, Microsoft’s dedication to ESG principles has earned it accolades as one of the top ESG stocks.

2. Ormat Technologies (NYSE:ORA)

is a giant in the field of renewable geothermal energy technology… The company’s achievements include constructing more than 190 power plants and installing more than 3,200 megawatts (MW) of capacity.

Ormat stock has fallen out of favor with investors… However, the future looks promising.

3. Fluence Energy (NASDAQ:FLNC)

is… bolstering the burgeoning electric vehicle (EV) market through its powerful energy storage solutions and AI-driven energy management systems. These competencies are critical for the development of efficient EV charging infrastructure and the integration of renewable energy into the power grid…

This optimistic outlook underscores Fluence’s potential as a key player in the energy storage and EV market, making it a compelling, sustainable option.

4. Bunge (NYSE:BG)

Operating in agribusiness, refined & specialty oils, and milling, the company profits mainly from agribusiness. With a presence in 40 countries, Bunge is positioned remarkably well amidst growing global food shortage concerns, and its business model champions sustainable food supply chains by supporting agricultural communities efficiently…

It offers a forward dividend yield of 2.61%, with a notable 22-year history of consistent dividend payments.

5. Altus Power (NYSE:AMPS)

is a key player in the solar energy space, which is elevating its game with Atlus IQ, an AI-powered, cloud-based tool revolutionizing energy usage insights and solar savings.

6. NextEra Energy (NYSE:NEE)

with its unique positioning as both a leading utility company and a solar and wind energy pioneer, presents a fascinating investment opportunity… Recent economic shifts, particularly high bond yields, have cast a shadow over utility firms and their dividends. However, this situation presented NextEra Energy as a strong contrarian choice, especially given its dividend yield consistently above the 2.5% mark…

7. Host Hotels & Resorts (NASDAQ:HST)

It’s a distinguished real estate investment trust (REIT), which continues to make strides in the luxury and upper-upscale hotel market. With an enviable portfolio boasting names such as Grand Hyatt, Hilton, Marriott, and others, the company has established itself as a heavyweight in the hospitality sphere. What sets this company apart, however, is its unwavering commitment to ESG principles…

In addition to its ESG credentials, HST has demonstrated impressive financial performance… Additionally, its forward yield stands at an attractive 2.9%.”

End quotes.

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3 Healthcare Technology Stocks to Improve Lives in 2024

Now to the article on healthcare. It’s titled 3 Healthcare Technology Stocks to Improve Lives in 2024. It’s by Jeremy Flint and found also on investorplace.com. Here are some quotes by Mr. Flint on each of his picks.

“1. Crispr Therapeutics (NASDAQ:CRSP)

made waves earlier this month as its sickle cell treatment, Casgevy, became the first gene-editing therapy approved by the FDA. The implications… are staggering. FDA approval for an ailment as serious as sickle cell opens the floodgates for long-term gene editing and CRISPR tech treatments, ranging from complex chronic diseases to routine wound repair.

Investors’ lack of enthusiasm is primarily due to Casgevy’s short-term operational and financial implications rather than what the approval stands for conceptually.

2. Teladoc Health (NYSE:TDOC)

Teladoc… trades more than 90% below past highs. But that fall from grace isn’t an indictment of Teladoc’s model or viability…

Teladoc’s market share has lots of room to improve… Teladoc is neck-and-neck with direct competitors Amwell (NYSE:AMWL) and Doxy.me. As medical needs evolve, so do delivery and interaction mechanisms, making Teladoc one of the best healthcare technology stocks for 2024.

3. Intuitive Surgical (NASDAQ:ISRG)

captures another long-term healthcare trend, increased reliance on robotics during surgical procedures. Intuitive Surgical… is a healthcare technology giant in the NASDAQ-100 and S&P 500.

Despite its relative overvaluation, analysts are nearly all bullish on Intuitive Surgical… EquitySet, staking $409 as a fair price target, putting shares 18% undervalued at current levels…

If you want to anchor a basket of healthcare technology stocks, a stable but innovative giant like Intuitive Surgical stands as a strong cornerstone.”

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Other Honorable Mentions – not in any order.

1) Title: Jefferies initiates coverage on solar energy stocks on yahoo.com. By Rad Smith and Nicholas Jacobino.

2) Title: 3 Renewable Energy Stocks to Buy Hand Over Fist Right Now on yahoo.com. By Travis Hoium.

3) Title: 5 ESG Funds That Rebounded in 2023 on morningstar.com. By Mahi Roy.

4) Title: 5 Best Solar Energy Stocks For 2024 on forbes.com. By Jason Kirsch.

5) Title: 3 Renewable Energy Growth Stocks to Buy Hand Over Fist Before 2024 on fool.com. By Matthew DiLallo, Tyler Crowe, and Jason Hall.

6) Title: Eclipsing Expectations: 3 Solar Stocks Offering Hidden Value for 2024 on investorplace.com. By Terel Miles.

7) Title: 12 Best Solar Power Stocks To Invest In According to Financial Media on finance.yahoo.com. By Usman Kabir.

8) Title: Alternative Energy Explorers: 3 Stocks Investing in a Greener Future investorplace.com. By Faisal Humayun.

9) Title: Top 10 renewable energy companies Energy Magazine on energydigital.com. By Maya Derrick.

10) Title: 3 ESG Stocks That Are Sustainable and Profitable on investorplace.com. By Steve Booyens.

11) Title: 3 Eco-Friendly Stocks Leading in Sustainable Supply Chains on investorplace.com. By Muslim Farooque.

12) Title: 8 Best Energy Stocks to Buy in 2024 on usnews.com. By Matt Whittaker.

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Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: The Most Profitable Clean Energy Stocks. Plus…”

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.

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

I’ll talk to you next on January 26th.

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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Podcast: Analysts' Impact, ESG, and Healthcare Stock, Picks
15 dic 2023· Ethical & Sustainable Investing News to Profit By!
Analysts' Impact, ESG, and Healthcare Stock Picks. Includes unusual climate tech stock recommendations and terrific analyst picks in other sectors.

Transcript & Links, Episode 120, December 15, 2023

Hello, Ron Robins here. So, welcome to this podcast episode 120 titled “Analysts' Impact, ESG, and Healthcare Stock, Picks.” It’s presented by Investing for the Soul. Please note that I’m taking a break over the holidays so my next podcast will be Friday, January 12th, 2024.

Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

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

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

Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 11 article links below that time didn’t allow me to review them here.

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1) Analysts' Impact, ESG, and Healthcare Stock, Picks
Now, I’m always trying to find articles with new investing ideas with an ESG and sustainable focus. In that vein, I’m presenting this article titled These 8 Small-Cap Impact Stocks Tap into the Rapidly Growing Climate Tech Market in Support of a Net-Zero Future. It’s by Ari Zoldan and found on nasdaq.com.

Here’s some of what Mr. Zoldan says about his picks.
“1. FuelCell Energy (FCEL)
manufactures stationary fuel-cell platforms to help with decarbonizing power and producing hydrogen using fuel cells… The company specifically targets large industrial sources like factories and other large facilities that produce significant amounts of carbon dioxide.
2. Gevo (GEVO)
produces decarbonized fuels and chemicals… The company states it is ‘commercializing the next generation of renewable gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions…

Gevo… sees commercial opportunities for other renewable hydrocarbon products like renewable natural gas and other fuels, chemicals, and plastics.
3. Ideal Power (IPWR)
has developed and patented a bidirectional semiconductor power switch designed for use in electric vehicles, EV chargers, renewable energy, energy storage, data centers, solid-state circuit breakers, and other industrial and military applications… two examples utilizing the company’s technology (are:) improves the range of EVs and the kilowatt hours harvested from a renewable energy installation.
4. Mullen Automotive (MULN)
is an EV manufacturer that designs and builds commercial trucks, passenger vehicles and solid-state polymer battery technology. Interestingly, while most other EV makers build cars that use lithium-ion batteries, Mullen actually uses lithium-sulfur batteries, describing them as being ‘lighter, more efficient,’ and having ‘greater range than most EVs in the market.’

At this stage, it's still the very early days for Mullen Automotive, although it did see its first recorded revenue in June from the sale of 22 electric cargo vans to the Randy Marion Automotive Group.
5. OPAL Fuels (OPAL)
provides complete renewable natural gas solutions for landfills, dairies, and fueling station construction and service. The company uses a vertical waste-to-energy model that combines the upstream production and downstream marketing and distribution of renewable natural gas, providing a scalable, low-cost solution to decarbonize heavy-duty transportation…

So far, OPAL Fuels has completed more than 350 fueling stations, renewable natural gas landfills, and dairy projects across the U.S.
6. Sunworks (SUNW)
describes its mission as ‘to help businesses and homeowners take control of their electric costs while championing the future of solar.’ The company serves customers in 15 states and provides solar services via partner organizations…

Sunworks also provides energy storage solutions that work with its commercial solar systems.
7. The Metals Company (TMC)
The company describes its mission as ‘to build a carefully managed metal commons that will be used, recovered and reused again and again…’

The company mines polymetallic nodules, which are rich sources of the base metals required for battery making and building the infrastructure needed to make the energy transition… They are found unattached to the bottom of the abyssal seafloor, and they don’t contain toxic levels of heavy elements like land ores do…

Polymetallic nodules are also known as manganese nodules, although they also contain three additional critical metals used in batteries. In addition to manganese, these nodules contain cobalt, nickel and copper, all in a single ore.

The Metals Company believes mining these nodules could have a much lower environmental footprint than other forms of mining necessary to obtain the metals needed for making batteries.
8. Workhorse Group (WKHS)
stands apart from the generalists in the space by manufacturing electric trucks and drones to support last-mile deliveries…

In September, Workhorse announced that it had received approval from the Internal Revenue Service as a qualified manufacturer for the Commercial Clean Vehicle Credit. The approval means Workhorse customers are eligible for a credit of up to $40,000 on their purchases of all Workhorse vehicles in 2023 and beyond.” End quotes.

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2) Analysts' Impact, ESG, and Healthcare Stock, Picks
This next article is titled 7 Best ESG Stocks to Buy Now. It’s by Matt Whittaker and found on money.usnews.com. Now some quotes and details.

“If ESG investing interests you, consider these seven ESG stocks, several of which have turned in an impressive year-to-date performance:
ESG STOCK YTD RETURN AS OF NOV. 30 Cadence Design Systems Inc. 70.1% Panasonic Holdings Corp. 23.1% Tesla Inc. 94.9% Intel Corp. 73.1% These last three stocks may fall into the category of bargains for buy-and-hold investors, as renewable energy companies have been in a slump but may have a bright future.
First Solar Inc.
5.3% Sunrun Inc. -46.3% Orsted A/S -46.9% 1. Cadence Design Systems Inc. (CDNS)
provides software, hardware and intellectual property used to design electronic systems…

Trends including artificial intelligence and autonomous driving are fueling electronic design activities and demand for the company's products.
2. Panasonic Holdings Corp. (OTC: PCRFY)
This Japanese multinational electronics company is focused on its automotive battery business. It's also involved in green hydrogen, which, unlike the majority of hydrogen produced today, is made with renewably produced electricity instead of fossil fuels…

Although Panasonic's stock took a big dip in October, it has been recovering and is now up 23.1% year to date as of Nov. 30.
3. Tesla Inc. (TSLA)
this company is the world's biggest EV manufacturer based on its market capitalization of about $758 billion.

During the third quarter, the company produced more than 430,000 electric vehicles and delivered more than 435,000.

Its revenue grew by 9% on increased vehicle deliveries and growth in other parts of the business. But its net income dropped 44%, in part because of increased operating expenses connected with its Cybertruck and artificial intelligence projects and lower average selling prices.
3. Intel Corp. (INTC)
This semiconductor company scores highly on governance and overall ESG metrics in the 2023 JUST Capital ESG rankings…

The company also ‘commits to an independent and diverse board governed by 90% independent directors and led by an independent board chair,’ JUST Capital says.
4. First Solar Inc. (FSLR)
Solar and wind companies have been hit by inflation… [and] rising interest rates…

First Solar's shares are down 8.5% over the past 12 months, but they have begun to rebound.

In addition to being a renewable energy company, First Solar's ESG chops include that it uses cadmium telluride technology for its solar cells in a process that has a smaller carbon footprint than that of other manufacturers who use polysilicon. Additionally, First Solar isn't reliant on Xinjiang, a polysilicon-producing region in China where the U.S. says Muslim minorities are forced to work against their will.
5. Sunrun Inc. (RUN)
This photovoltaic solar and battery storage company hasn't fared as well as First Solar… Its shares are down about 46% year to date as of Nov. 30.

But the clouds may part for the stock. According to Stock Analysis, the average 12-month price forecast from 22 stock analysts for Sunrun is $24.95, or roughly double where shares are trading now.

During the third quarter, the company added nearly 34,000 customers, a 19% increase year on year.

Also, Sunrun is shifting its focus to installing more storage systems, which have better margins than solar panels.
6. Orsted A/S (OTC: DNNGY)
which is the largest offshore wind developer in the world, has certainly been facing headwinds. Its shares are down 46.9% so far in 2023.

In addition to having trouble with inflation and rising interest rates, Orsted has been hit by supply chain disruptions, especially in the U.S…

The company has had to cancel plans for two U.S. offshore wind projects as tax credit and construction permit issues also hampered the plans. But it is continuing with a third.

In the long run, the U.S. is relying on offshore wind farms to help power coastal cities, and Orsted is well positioned if industry dynamics change.”

End quotes.

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3) Analysts' Impact, ESG, and Healthcare Stock, Picks
A favorite sector for ethical and sustainable investors is healthcare. So, I thought this article would interest many of you. It’s titled 3 healthcare companies whose social impact is the key to financial performance. It’s by Faizan Farooque and seen on equities.com. Here are some brief quotes.
“1. Abbott Laboratories (ABT)
which emphasizes patient-focused healthcare.
2. Johnson & Johnson (JNJ)
which is dedicated to achieving net zero carbon emissions and prioritizing environmental health equity.
3. UnitedHealth Group (UNH)
which focuses on ‘zero distance’ from patients.

Central to these companies’ ethos is the focus on patient-centric healthcare… This patient-first approach is often complemented by green healthcare technology, ensuring that advancements in health solutions also consider environmental sustainability.”

End quotes.

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4) Analysts' Impact, ESG, and Healthcare Stock, Picks
From another potentially profitable perspective, we have this article titled Investing in the Circular Economy: 3 Sustainable Stocks. It’s by Will Ashworth and seen on investorplace.com. Here are some key quotes from the article.

“I’m selecting my three sustainable stocks from the holdings of a Canadian mutual fund — the IA Clarington Inhance Global Equity SRI Class (CCM5010.CF).
1. LVMH (OTCMKTS:LVMUY)
is the 8th-largest holding of the mutual fund…

‘The percentage of women in key positions at LVMH [grew] from 23% to 45% between 2007 and 2022,’ Bloomberg reported earlier this year. Even better, 65% of its executives and managers are women.
2. Costco (NASDAQ:COST)
is the 17th-largest holding…

As for the 15 United Nations Sustainable Development Goals (SDGs), the company has committed to the ones that most closely align with its business.
3. Autodesk (NASDAQ:ADSK)
is the 23rd-largest holding...

Autodesk provides cloud-based and desktop software products that help companies design and make things. Businesses using its products include architecture, engineering, construction, media, entertainment and manufacturing…

From a sustainability standpoint, Autodesk believes its software products help construction-related businesses save time, energy and costs while reducing waste and carbon emissions.” End quotes.

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Other Honorable Mentions – not in any order.
1) Title: 3 Top-Rated ESG Stocks That Analysts Are Loving Now on investorplace.com. By Steve Booyens.

2) Title: You Don't Have to Pick a Winner in Clean Energy. Here's Why. On fool.com. By Travis Hoium.

3) Title: Harness the Sun: 3 Must-Own Stocks in the Solar Industry on investorplace.com. By Rick Orford.

4) Title: Green Energy Innovators: 3 Stocks Leading the Sustainable Revolution on investorplace.com. By Steve Booyens.

5) Title: 3 Wind Stocks to Buy for a Sustainable and Profitable Future on investorplace.com. By Rick Orford.

6) Title: Best Clean Energy Stocks — December, 2023 on cleantechnica.com. By Carolyn Fortuna.

7) Title: Green Technology Stocks That Look Cheap on morningstar.com. By Muskaan Hemrajani.

8) Title: America's Most Responsible Companies 2024 on newsweek.com. Cover article by Nancy Cooper.

9) Title: The 3 Most Undervalued Renewable Energy Stocks to Buy in December on investorplace.com. By Chandler Capital.
UK Articles
1) Title: The sustainable global funds so good they’re worth adding ahead of mainstream funds on trustnet.com. By Emma Wallis.

2) Title: Our Pick Of The Best Ethical Stocks And Shares ISAs on .forbes.com/uk/. By Jo Thornhill and Kevin Pratt.

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Ending Comment
Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Analysts' Impact, ESG, and Healthcare 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 very troubled times!

Contact me if you have any questions.

Thank you for listening.

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

Please note that I’m taking a break over the holidays so my next podcast will be Friday, January 12th, 2024!

Have a wonderful time over the holidays.

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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Podcast: Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
1 dic 2023· Ethical & Sustainable Investing News to Profit By!
Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds! covers an unusually diverse range of ESG stocks and funds.

Transcript & Links, Episode 119, December 1, 2023

Hello, Ron Robins here. So, welcome to this podcast episode 119 titled “Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

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

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

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

-------------------------------------------------------------
1. Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
In this podcast, I’m going to cover a few articles with some unusual ESG and sustainable stock recommendations. The first article is titled 3 Sustainable Fashion Stocks Set to Redefine the Industry. It’s by Muslim Farooque and found on investorplace.com. Now some quotes from Mr. Farooque.

“In the realm of the clothing sphere, notorious for its environmental footprint, a transformation is underway. Global brands that are typically part of the problem are now passionately championing the cause of sustainable fashion.
1) Tapestry (NYSE:TPR)
is the parent company behind popular luxury brands in Coach, Kate Spade, and Stuart Weitzman.

Tapestry’s commitment to sustainability is evident in its ‘Fabric of Change’ ESG strategy. According to its 2022 sustainability report, the company aims to reduce greenhouse gas emissions by 42.5% by 2030, targeting net zero by 2050. Tapestry’s social responsibility efforts include aligning executive compensation with equity, inclusion, and diversity goals. These dual focuses on financial performance and sustainability make Tapestry a compelling choice for investors targeting long-term growth and corporate responsibility.
2) PVH (NYSE:PVH)
housing popular brands like Calvin Klein and Tommy Hilfiger, is one of the most noteworthy players sustainably and ethically. PVH’s ‘Forward Fashion’ strategy represents an active transformation. Further, it focuses on climate action, human rights, and diversity, incorporating a comprehensive climate risk scenario analysis. The company has achieved 60% renewable energy usage in its facilities…

PVH is deeply invested in social equity by launching a global mentorship program focusing on diversity… This balance of solid financials marked by impressive profitability metrics and a steadfast commitment to sustainability and diversity makes PVH a standout in the apparel sphere.
3) Lululemon (NASDAQ:LULU)
is a renowned athletic apparel maker, making remarkable strides in both financial performance and sustainable business practices…

Lululemon’s shares are soaring in value lately, approaching an all-time peak as it joins the prestigious S&P 500 index…

In tandem with its financial achievements, Lululemon is ardently pursuing its ‘Impact Agenda’, committed to sustainability and equitable business operations. The company aims to achieve full diversity and pay equity within the next couple of years. This proves their commitment to the well-being of over 100,000 supply chain workers…

Recently, it pledged a $75 million investment towards global social impact by 2025 while setting ambitious targets. The first is ensuring 100% sustainable materials in their products by 2030 and achieving 75% by 2025. Moreover, it is committing to… reducing carbon emissions in its supply chain by 60% by 2030.

Therefore, its dual focus on solid financial growth and impactful sustainability initiatives positions Lululemon as a leader in both the business and environmental spheres.” End quotes.

-------------------------------------------------------------
2. Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
Now many investors will consider infrastructure stocks in their portfolios. So, this article caught my attention. It’s titled 3 Infrastructure Stocks to Buy as They Build the Future. The author is Noah Bolton and found on nasdaq.com. Here are some quotes from the article.
“1) Fluor (NYSE:FLR)
is a construction company based in Irving, Texas. They engage in energy markets, including decarbonization, renewable fuels and nuclear power. They also serve the oil and gas industries and provide management services for the industrial, information technology and healthcare industries…

Year-to-date, their share price has risen 12%. They are a solid infrastructure company with strong fundamentals, and having multiple segments of its business offers diversification within one company.
2) Limbach Holdings (NASDAQ:LMB)
is a building solutions business based in Warrendale, Pennsylvania. They design, fabricate, install and provide maintenance for electrical, plumbing, and HVAC systems. Limbach Holdings services hospitals, colleges, laboratories and other facilities.

Over the past year, their share price has increased 300%...

They have a robust balance sheet, which still offers investors projected growth.
3) CECO Environmental (NASDAQ:CECO)
located in Dallas, Texas, is a pollution reduction company in industrial air quality and water treatment. CECO designs and manufactures flow control products, expansion joints, dust collectors, filtration systems and other water treatment technology…

CECO Environmental has had a great year so far… and a 78% growth in their stock price within the last year. It’s a great pick for investors looking for companies helping to reduce the effects of climate change and pollution.” End quotes.

-------------------------------------------------------------
3. Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
Now it’s been a while since I had an article on renewable energy funds, and this one comes from a highly regarded source. It’s titled 10 Clean Energy Funds to Freshen Up Your Portfolio by Alyssa Stankiewicz on morningstar.com. Here’s some of what Ms. Stankiewicz says.

“These funds are well regarded by Morningstar’s analysts and deliver high exposure to climate impact. Data as of October 2023 except for the Morningstar Medalist Rating, which is effective as of September 2023…

*Climate Action Impact Exposure refers to the percentage of each portfolio that is covered by Sustainalytics and determined to be involved in Climate Action impact. End quotes.

-------------------------------------------------------------
4. Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
And back to a sector that’s top of mind for ethical and sustainable investors with this article titled Unlocking Incredible Solar Energy Potential: 3 Stocks to Invest in Now. It’s by Chandler Capital and found on investorplace.com.

“While large giants like Tesla (NASDAQ:TSLA) and NextEra Energy (NYSE:NEE) have begun paving the way in renewable energy, in this article, we wanted to highlight three more hidden gems with the potential to be the next dominant leader in the solar energy space.
1) Enphase Energy (NASDAQ:ENPH)
is the world’s leading supplier of game-changing micro-inverter technology. With 765 patents globally and a customer base across over 145 different countries, Enphase Energy finds itself ahead of the competition in solar innovation. In fact, Yahoo Finance analysts estimate it will trade around at a one-year price average of $116.09.
2) First Solar (NASDAQ:FSLR)
is one of the leading providers of solar panels and utility-scale power scales as the company continues to pave the next generation of solar technology. Yahoo Finance analysts estimate it will trade within a one-year price range of $157.56 to $326, averaging at around $232.34.
3) Altus Power (NYSE:AMPS)
is a prominent player in the energy sector, contributing to the shift to solar energy through managing commercial and community-wide solar facilities.

Altus Power just recently revealed its new Atlus IQ, an AI-powered cloud-based tool that gives insights on energy usage and generates solar savings. From real-time monitoring and solutions to comprehensive reports and seamless portfolio integration, Atlus IQ will only accelerate Atlus Power’s growth.” End quotes.

-------------------------------------------------------------
5. Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!
Continuing on the renewable energy theme is this post titled The 3 Most Undervalued Renewable Energy Stocks to Buy: November 2023. It was written by Faisal Humayun and seen on investorplace.com. Here are some brief comments on each of his picks.

“These are the undervalued renewable energy stocks to buy for robust returns
First Solar (FSLR)
Positioned for accelerated growth as new facilities are operational and I expect margin expansion to sustain.
Plug Power (PLUG)
Even with financing challenges coupled with doubts on execution capabilities, PLUG stock is deeply oversold.
SolarEdge (SEDG)
Operating losses are a concern, but there is ample scope for growth in emerging markets in the coming years”.

End quotes.

-------------------------------------------------------------
7 Dividend Stocks With Good ESG Scores
In this next article titled 7 Dividend Stocks With Good ESG Scores – will appeal to many investors. It’s by Jeff Reeves and discovered on money.usnews.com. Some quotes and a table follow.

“According to the Dow Jones Sustainability World Index, which utilizes S&P Global's ESG Scores, the following seven stocks all are among the top 10% of corporations globally based on ESG scores. They also are all more than $40 billion in market value, showing they can achieve these social goals at scale.
ESG STOCK S&P GLOBAL ESG SCORE TRAILING DIVIDEND YIELD at Nov. 15 close ASML Holding NV (ticker: ASML) 82 1.2% AstraZeneca PLC (AZN) 78 2.3% Hilton Worldwide Holdings Inc. (HLT) 64 0.4% Microsoft Corp. (MSFT) 55 0.9% Toyota Motor Corp. (TM) 43 2.3% UnitedHealth Group Inc. (UNH) 65 1.3% Visa Inc. (V) 61 0.8% 1) ASML Holding NV (ASML)
Dutch semiconductor company ASML… is head and shoulders above its peers when it comes to ESG metrics. By 2030, ASML aims to send zero waste from operations to landfills or incinerators… It also has invested heavily in a diverse global workforce.
2) AstraZeneca PLC (AZN)
U.K.-based Big Pharma giant AstraZeneca stands out as a worldwide leader in environmental, social justice and corporate governance programs… It also has roughly 50% female representation on its board, and has already achieved a roughly 60% reduction in greenhouse gas emissions between 2015 and 2022.
3) Hilton Worldwide Holdings Inc. (HLT)
Hilton stands out as a leader in the corporate world thanks to its broad-based approach to ESG… The organization is also focused on world-class standards for sustainable sourcing and human rights in every area where it operates around the globe.
4) Microsoft Corp. (MSFT)
is regularly among the most-respected corporations in the world as measured by ESG criteria. Just a few features of its policies include plans to be carbon negative by 2030 and to be a zero-waste organization by that same year.
5) Toyota Motor Corp. (TM)
What makes Toyota an ESG leader is its actions outside of the showroom, guided by principles of environmentalism and social justice. For instance, in North America the automaker recycled 93% of waste materials in fiscal year 2022. And this year, its key Long Beach port is exclusively using 100% of electricity from renewable sources.
6) UnitedHealth Group Inc. (UNH)
Insurance giant UnitedHealth is among one of the most progressive organizations on Wall Street when it comes to ESG measures. On the social justice side, the firm has committed to investing $100 million to create a new philanthropic program and partnerships that will measurably advance a diverse health workforce by 2033. UnitedHealth also plans to invest and source 100% of its global electricity demand with renewable sources by 2030.
7) Visa Inc. (V)
Payments processing giant Visa is committed to achieving net-zero emissions by 2040… What is noteworthy is its other ESG efforts, including a push to increase the number of individuals from historically underrepresented groups at the vice president level and above to 50% by the end of 2023.” End quotes.

-------------------------------------------------------------
Other Honorable Mentions – not in any order.
1) Title: 3 ESG Stocks to Profit While Making a Positive Impact on investorplace.com. By Marie Brodbeck.

2) Title: The Future Is Green: 3 Must-Have Renewable Energy Stocks for 2024 on investorplace.com. By Rick Orford.

3) Title: What is Impact Investing and 7 Companies That are Transforming the Future on finextra.com. By Shoshana Weizenblut.

4) Title: 3 Alternative Energy Stocks to Power Up Your Profits on investorplace.com. By Larry Ramer.

5) Title: The Ethical Investor: Buy this kind of mining stock if you love both profit and the environment on stockhead.com.au. By Eddy Sunarto.

6) Title: 11 Best Halal Dividend Stocks To Buy on yahoo.com. By Vardah Gill.

-------------------------------------------------------------
Ending Comment
Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Great ESG Fashion, Infrastructure, and Clean Energy Stocks and Funds!”

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.

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

Talk to you next on December 15th!

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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Impact, Solar, and ESG Stock Buys
17 nov 2023· Ethical & Sustainable Investing News to Profit By!
Impact, Solar, and ESG Stock Buys. Stocks to buy and hold. Stocks making social change. Undervalued solar stocks. And more…

Podcast: Impact, Solar, and ESG Stock Buys

Transcript & Links, Episode 118, November 17, 2023

Hello, Ron Robins here. So, welcome to this podcast episode 118 titled “Impact, Solar, and ESG Stock Buys.” It’s presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly revised website at investingforthesoul.com! Tell me what you think.

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

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

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

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

1) Impact, Solar, and ESG Stock Buys

This first article lists three stocks, it says, are for the long-term sustainable investor. The title Building a Sustainable Portfolio: 3 ESG Stocks to Buy and Hold. It’s by Josh Enomoto and found on investorplace.com. Here’s some of what Mr. Enomoto says about his picks.

“1. Iron Mountain (NYSE:IRM)

An enterprise information management services firm, Iron Mountain focuses on records management and data backup and recovery services… According to Investor’s Business Daily, Iron Mountain ranks as number 50 on its list of 100 best ESG companies of 2023. In particular, the information management specialist seeks to achieve net-zero emissions by 2040…

Analysts rate shares a unanimous strong buy with a $67.20 price target.

2. Intuit (NASDAQ:INTU)

Intuit can mitigate our pain through tax-related financial software… And it turns out, people appreciate Intuit for another reason: it’s one of the ESG stocks to buy and hold… Per IBD, the software specialist places as number 58 on the top 100 conscientious companies for this year…

Analysts peg Intuit as a strong buy with a $580.41 price target.

3. Clean Harbors (NYSE:CLH)

A provider of environmental and industrial services… shares have soared robustly higher since the beginning of this year. Per its public profile, Clean Harbors focuses on myriad services, including hazardous waste disposal for companies, small waste generators, and government agencies…

Clean Harbors slots in the number 39 spot on IBD’s top 100 conscientious companies.

Analysts rate Clean Harbors a consensus moderate buy with an average price target of $186.57.” End quotes.

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

2) Impact, Solar, and ESG Stock Buys

My second article is unusual and you’ll see why in a moment. It’s titled These 5 small-cap impact stocks are making social change. Written by Ari Zoldan and found on marketbeat.com. Now some of what Mr. Zoldan says about the stocks that are specifically publicly listed.

“1. Vision Marine Technologies (NASDAQ:VMAR)

The company offers electric outboard motors for boats. Vision Marine enjoys a first-mover advantage, as its E-Motion outboard motor, announced at the Paris Boat Show in December 2022, is the only turnkey solution available to boat manufacturers…

2. Ideal Power (NASDAQ:IPWR)

The company offers a proprietary semiconductor switch that's much more energy-efficient than most other offerings on the market… [It] offers significant benefits to energy-efficient devices and products, electric vehicles and EV charging, green energy and energy storage, utility infrastructure, and data centers.

3. Verde Bioresins

Verde Bioresins is expected to go public via a merger with a special purpose acquisition company (SPAC). [That company] TLGY Acquisition Corp. is trading under the ticker ‘TLGY,’ but after the merger, its name will change, and Verde Bioresins will trade under the ticker ‘VRDE.’

Verde's PolyEarthyleneTM bioresin is a high-performance alternative to many petroleum-based plastics… The company estimates the total addressable market for its product at around $300 billion, or roughly half of the total market for petroleum-based plastics.

4. Draganfly (NASDAQ:DPRO)

Although it might seem like drones have only been around for the last five to 10 years or so, Draganfly has been in the business for over 20 years...

Today, drones have many uses across multiple industries, including humanitarian efforts, public health and safety, military and government, environmental and energy-related industries, agriculture, and insurance. As a result, Draganfly's offerings present dozens of potential social impacts.” End quotes.

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

3) Impact, Solar, and ESG Stock Buys

And now back to our familiar clean energy theme with this article titled 3 Clean Energy Stocks That Can Survive Anything. It’s by Tyrik Torres and found on investorplace.com. Here are some quotes by Mr. Torres from his article on his recommended stocks.

“1. Brookfield Renewable Partners (NYSE:BEP)

is one of the largest renewable power companies in the world. Its portfolio boasts over 21,000 megawatts (MW) of capacity across hydroelectric, wind, solar, and storage facilities.

The company is majority owned by Brookfield Asset Management (NYSE:BAM), an alternative investment manager equity firm…

Higher interest rates have negatively impacted Brookfield Renewable Partners near-term share price growth. However, as clean energy stocks come back into favor, buying Brookfield Renewable Partners’ [stock now] is a smart move.

2. First Solar (NASDAQ:FSLR)

A number of earnings beats throughout 2023 should keep First Solar on clean energy investors’ watchlists…

First Solar announced a new manufacturing site in the U.S., adding to manufacturing capacity… First Solar could see its intrinsic growth rate boosted in the long term.

3. Ormat Technologies (NYSE:ORA)

primarily engages in the geothermal and recovered-energy power business in the U.S., Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, and Honduras. Last year, Ormat derived approximately 86% revenue from generating electricity through its geothermal plants and recovered energy-based power plants…

With valuation multiples essentially halved since January, Ormat looks like an attractive investment opportunity.” End quotes.

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

4) Impact, Solar, and ESG Stock Buys

With so many solar stocks down, this article might add some light to the gloom. It’s titled 11 Most Undervalued Solar Stocks To Buy According To Hedge Funds. I found it on finance.yahoo.com and it’s by Hamna Asim. Here are some quotes from his article.

“We made an extensive list of the most popularly traded solar stocks and shortlisted 11 stocks with P/E ratios under 35 and the highest hedge fund sentiment. While some P/E ratios might seem high, they are lower than the green and renewable industry average P/E of 83, which was calculated by NYU Stern. We have assessed the hedge fund sentiment from Insider Monkey’s database of 910 elite hedge funds tracked as of the end of the second quarter of 2023…

[Note: P/E ratios are as of November 2.]

11. Emeren Group Ltd (NYSE:SOL)

Number of Hedge Fund Holders: 10

P/E Ratio: 25.25

Emeren Group specializes in the development, construction, and operation of solar energy initiatives. The company is involved in the creation of community solar installations and the sale of project rights worldwide.

10. JinkoSolar Holding Co., Ltd. (NYSE:JKS)

Hedge Fund Holders: 12

P/E Ratio: 3.19

JinkoSolar is involved in the design, production, and marketing of photovoltaic products, including solar modules, silicon wafers, solar cells, silicon materials, and silicon ingots.

9. Canadian Solar Inc. (NASDAQ:CSIQ)

Hedge Fund Holders: 16

P/E Ratio: 3.51

Canadian Solar is engaged in the creation, development, production, and sale of solar materials and battery storage items worldwide… On October 30, the company said that it intends to invest $800 million in constructing a solar photovoltaic cell manufacturing facility in Jeffersonville, Indiana.

8. SunPower Corporation (NASDAQ:SPWR)

Hedge Fund Holders: 17

P/E Ratio: 10.24

SunPower Corporation is a solar technology and energy services provider offering solar, storage, and home energy solutions in the United States and Canada. The company offers post-installation monitoring and maintenance services, catering to homeowners and new home builders.

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

Hedge Fund Holders: 22

P/E Ratio: 2.05

Daqo New Energy produces and distributes polysilicon to manufacturers of photovoltaic products in China. This polysilicon is utilized in the production of ingots, wafers, cells, and modules for solar energy applications.

6. Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Hedge Fund Holders: 24

P/E Ratio: 14.87

Shoals Technologies offers electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle charging applications in the United States. On October 11, Goldman Sachs upgraded Shoals Technologies to a Buy rating with a $28 price target.

5. Sunrun Inc. (NASDAQ:RUN)

Hedge Fund Holders: 24

P/E Ratio: 23.62

Sunrun specializes in residential solar energy solutions in the United States, including design, installation, sales, ownership, and maintenance.

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

Hedge Fund Holders: 29

P/E Ratio: 32.62

Clearway Energy is a renewable energy company in the United States, operating through Conventional, Renewables, and Thermal segments. The company manages wind and solar generation projects, as well as natural gas generation facilities.

3. Array Technologies, Inc. (NASDAQ:ARRY)

Hedge Fund Holders: 32

P/E Ratio: 34.04

Array Technologies manufactures and markets ground-mounted tracking systems utilized in solar energy initiatives worldwide, including the United States, Spain, Brazil, and Australia… On September 19, Bank of America included Array Technologies in its US 1 List and maintained a Buy rating with a $30 price target.

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

Hedge Fund Holders: 50

P/E Ratio: 19.50

Enphase Energy creates, manufactures, and sells home energy solutions for the solar industry in the United States and internationally. The company provides semiconductor-based microinverters that operate at the individual solar module level, along with proprietary networking and software for energy monitoring and control.

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

Hedge Fund Holders: 59

P/E Ratio: 15.88

NextEra Energy produces, transmits, and distributes electricity in North America. They generate power from different sources including wind, solar, nuclear, coal, and natural gas. NextEra Energy develops and manages long-term contracted assets involving clean energy solutions like renewable facilities, battery storage projects, and electric transmission.” End quotes.

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

5) Impact, Solar, and ESG Stock Buys

And more on clean energy stocks with this article titled 3 Renewable Energy Stocks Set to Beat Q3 Earnings Estimates. By Aparajita Dutta of Zacks but found on nasdaq.com. Now some quotes from her article.

“We are focusing on stocks that have the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold)… Earnings ESP provides the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate.

1. Constellation Energy (Constellation Energy Corporation Quote)

It is the nation’s largest producer of carbon-free energy and a leading supplier of energy products and services…

The company, [has] an Earnings ESP of +1.36% and a Zacks Rank #1.

2. Enlight Renewable Energy (Enlight Renewable Energy Ltd. Quote)

It provides a renewable energy platform that develops, finances, constructs, owns and operates utility-sale renewable energy projects.

The company, [has] an Earnings ESP of +22.22% and a Zacks Rank #2.

3. TC Energy (TC Energy Corporation Quote)

It is a premier energy infrastructure provider in North America. In September 2023, the company announced the successful completion of the Bruce Power’s Major Component Replacement (MCR) Unit 6, which fully returned to service, thereby surpassing a significant milestone in Ontario’s largest clean-energy initiative. We may expect this to have favorably contributed to TC Energy’s third-quarter results.

The company, [has] an Earnings ESP of +0.37% and a Zacks Rank #3.” End quotes.

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Other Honorable Mentions – not in any order.

1) Title: Top 10: Renewable Energy Companies in the USA on energydigital.com. By Charlie King.

2) Title: Canada's Technology Fast 50™ program on deloitte.com. By Deloitte.

3) Title: Renewable Energy Stocks Got Crushed in 2023. 3 Top Stocks You Won't Regret Buying on the Dip on fool.com. By Jason Hall, Tyler Crowe, and Matthew DiLallo.

4) Title: This Is the Best Solar Stock. But Is It a No-Brainer Buy Right Now? On fool.com. By Jason Hall and Tyler Crowe.

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

Ending Comment

Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Impact, Solar, and ESG Stock Buys.”

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.

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

Talk to you next on December 1st!

Bye for now.

© 2023 Ron Robins, Investing for the Soul
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