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Best Vegan and Climate Tech Stocks
- 2024/06/28
- 再生時間： 20 分
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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. ------------------------------------------------------------- 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. ------------------------------------------------------------- 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 ...